Siemens in Joint Venture to Manufacture Gas Turbines in Russia

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	Bric event Bric country profiles Commerce Partner Search Questionnaire Newsletter Registration Links Associations Jobs News ABB Low Voltage Products celebrates 20 years of business in China Beijing, China. ABB’s Low Voltage Products division, a business of the leading power and automatio more EBRD AND FAO PROMOTE VIABLE FORESTS IN RUSSIA’S FAR EAST Russia’s Far East occupies one-third of the country’s territory and accounts for more than nine more BRICS nations launch new development bank A new international development bank and multi-billion emergency lending pool are set to be launched more Nissan sold in Russia 1 million cars The Nissan in Russia broke the mark of 1 million vehicles (including light commercial vehicles) for more Rolls Royce sales surge by 11 percent in China Rolls Royce the luxury motor car manufacture just announced a sales increase in the leading Bric cou more	"Companies need to focus their Export strategy on Growth markets having a plan for the Bric's is vital" You are here » Home Page » News » Siemens in Joint Venture to Manufacture Gas Turbines in Russia Siemens in Joint Venture to Manufacture Gas Turbines in Russia 2011-11-17 source own Siemens has agreed a joint venture with Russian company Power Machines to manufacture High end Gas Turbines in St Petersburg Russia. Siemens will invest $ 950 million dollars in the venture and will hold a 65% share, Power Machines will have a 25% stake. The new Siemens Gas Turbine venture will be manufacturing Turbines in Russia and also providing after sales services, research and development. The Russian market is very important to Siemens and is looking to make further investments in the Energy Industry and Transportation sector in Russia. Siemens also is looking to make further investments in joint venture partnerships across the Bric region. BricPartner the Business Partner search experts for the Bric region	Search Featured Partners Featured Partners View more featured partners more Testimonials View Our Testimonials more Featured Developing Business In Brazil Russia India China and South Africa

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