In fiscal 2011 (October 1, 2010 – September 30, 2011), Siemens’ sales to customers in Greece amounted to almost EUR 247 million and new orders totaled EUR 167.3 million. Siemens currently has over 670 employees in Greece.

Since 1900, when it was first represented in Greece, Siemens has contributed significantly to the country’s industrial and technological development, strengthening the Greek economy and modernizing its infrastructures. During this time, Siemens has been one of the most reliable investors in Greece, leveraging the country’s strengths and promoting the transfer of expertise and technology and the development of local added value The company is actively engaged in a transformation process, initiating changes that include a new location of Siemens office and the adoption of the company-wide New Office Concept.

The Energy Sector in Greece won the turn-key EUR 5 million project for a 150-kV gas-insulated substation (GIS) in South Rhodes with TERNA, a major Greek Engineering Procurement Contractor (EPC). As Greek EPCs expand in the regional market, Siemens continues to assist the local champions in their activities abroad while developing its expertise and local base to position itself for successful entry into the wind power market.