Siemens expects 20 percent sales growth in 2005
Siemens expects 20 percent sales growth in 2005
The Jakarta Post, Jakarta
Driven by a high demand in the electrical and communications
industry, PT Siemens Indonesia (Siemens) -- local affiliation of
Germany's engineering giant Siemens GA -- is projecting 20
percent growth this year, said the company's general manager,
Greig Young, on Wednesday.
Last year, Siemens' total sales in Indonesia increased by nine
percent amounting to some 753 million euro (US$978,9 million).
Siemens CEO Juergen D. Lagleder said that most of its business
units delivered strong volume growth, thanks to clear business
guidelines provided by the parent company.
Siemens currently employs 3,300 employees in Indonesia at its
five manufacturing plants, the products from which not only
service the domestic market, but are also export to Indonesia's
neighbors in the region.
Two of the plants -- located in Pulo Mas, Jakarta, and
Cilegon, Banten -- have become Siemens' international centers of
competence for switchgear panels and several power plant
components, exporting some 80 percent of their output.
"We are going to develop some more power generator plants this
year," said Young during a seminar here.
Siemens has just completed a power generator at the Muara
Tawar gas turbine power plant, and was awarded a ten-year
operation and maintenance contract in March 2004 by PT Perusahaan
Listrik Negara (PLN).
In June 2004, Siemens was commissioned to upgrade a gas
turbine at a combined cycle power plant in Belawan, North
Sumatra. The company also owns a 50 percent share of PT Jawa
Power, a joint venture coal-fired power plant established in
1995.
Aside from the power sector, Siemens' most successful business
is in communications where it excels in the provision of high-
performance backbone networks.
Last year, Siemens completed a high-performance network for PT
Telekomunikasi Indonesia (Telkom) by supplying switching
equipment and installing 2,500 kilometers of fiber-optic cable
across Sumatra.
"In view of these successes, we are continuing this initiative
in 2005 and will strive to pursue further operational
improvements in our businesses," said Lagleder.(003)