The construction project of a factory of Siemens began in Saudi Arabia. The goal is to satisfy the Saoudi market on electrical equipment. Indeed, this country has consequent needs concerning electricity estimates the group. It will be the first manufacture of this company in the Middle East.
The factory is located at Dammam in the east of the country. Work includes/understands gas turbines and compressors and should be completed in 2013.
Siemens envisages to set up another branch of transfer of new technologies manufactured by the company. This construction was also initiated for the support of industry in Saudi Arabia according to the information emitted by the company.
The surface of the factory is of more than 200.000 square meters according to certain sources. The investments will be supported by Siemens itself and E.A Juffali & brothers.
The outgoing products of manufacture are intended for the Saoudi local market. In this territory, the Siemens company already created 2.000 jobs. In Europe it imposes its hegemony on several fields. Especially in France where it produces apparatuses in the field of the automatism, of medical and of telecommunication in particular. It has in its possession more than 15 production centres and created more than 10.000 employment in France.
It is a quoted on the stock exchange company. It has more than 400 sites throughout the world with a quantity of work generating more than 450.000 employment. These sites are distributed on 45 countries. The company has platforms for logistics in a little less than 200 States throughout the world. The firm was created in 1847 by four brothers. Its head office is in Berlin and Munich.