Erlangen/Germany, May 11, 2010
Siemens to build power transformer production plant in Voronezh region
Siemens is to build a production facility for power transformers in Russia. Siemens Russia and the regional government of Voronezh signed an agreement enhancing the existing cooperation on the construction of a power transformer production plant in the territory of the Voronezh region. The agreement was signed by Dietrich Moeller, CEO of Siemens
Russia/Central Asia, and Alexei Gordeyev, governor of the Voronezh region.
The plant’s annual production capacity will be as much as 100 transformers. With total investment in the project of more than RUB1.5 billion (EUR40 million) over 300 new jobs will be created. The new Siemens plant will be located within the Maslovsky industrial park. Construction is scheduled to commence in August, 2010, with production to start by late 2011. The transformers will help to modernize Russia’s electrical transmission networks.
The main activities will be production, distribution and maintenance of power transformers to meet the needs of the integrated national power grid and the provision of power supply to production facilities. It is also intended to export products from Russia. The production plant will be fully integrated into the Siemens global technological and production network. During the first stage the plant will focus on the production of transformers with a maximum rating of 220 kV. Siemens is actively investigating the possibility of expanding the product range up to 500-kV transformers.
“Construction of the transformer production plant is in line with Siemens business strategy of expanding its presence in the Russian market and establishing local production facilities. We’re convinced of the enormous potential offered by the Russian market, which is of strategic importance for us,” said Dietrich Moeller, President of Siemens Russia/Central Asia.
The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas.
In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received
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Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2, 80333 Munich
Germany
Reference number: EPT201005.071e wp
Media Relations: Torsten Wolf
Telephone: +49 9131 18-82532
E-mail: torsten.tw.wolf@siemens.com
Siemens AG
Energy Sector – Power Transmission Division
Freyeslebenstr. 1, 91058 Erlangen, Germany

new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the
Energy Sector had a work force of more than 85,100. Further information is available at: www.siemens.com/energy .
Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2, 80333 Munich
Germany
Reference number: EPT201005.071e wp
Media Relations: Torsten Wolf
Telephone: +49 9131 18-82532
E-mail: torsten.tw.wolf@siemens.com
Siemens AG
Energy Sector – Power Transmission Division
Freyeslebenstr. 1, 91058 Erlangen, Germany
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