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With its innovations, particularly in wind power, Siemens is well positioned to participate in the development of the country’s renewable energy market. The year 2012 also marked Siemens’ official entry into the medical diagnostics field in the Philippines, further expanding its healthcare activities in the country. The company has been active in the Philippines since 1894.
In fiscal 2012 (October 1, 2011 – September 30, 2012), Siemens’ sales to customers in the Philippines amounted to almost EUR 120.2 million and new orders totaled EUR 93.2 million. Siemens currently has around 360 employees in the Philippines.
Siemens’ presence in the Philippines dates back to 1894, when the company’s medical systems business began operations in the country via the Reiniger Company. In 1992, Siemens Inc. was established as a joint venture with a local partner. In 1994, Siemens Inc. became a wholly-owned subsidiary of Siemens AG with corporate headquarters in Makati.
In fiscal 2012, Siemens enhanced its position in the Healthcare Sector also in the country’s southern and central regions with landmark installations of a variety of imaging solutions. Ciudad Medical Zamboanga, the biggest private tertiary hospital in Western Mindanao, acquired a Siemens MAGNETOM ESSENZA magnetic resonance imaging scanner, a MAMMOMAT Inspiration digital mammography platform and a POLYMOBIL X-ray system, enabling the hospital’s clinical teams to offer faster and more comfortable examinations.