Siemens' business in Kuwait has more than doubled over the last five years

New HQ will strengthen local presence and customer proximity

Workforce in Kuwait has increased 10% over five years to approximately 300

Kuwait City, Kuwait, April 13, 2016

Siemens has inaugurated its new Kuwait head office in the Ardiya area of Kuwait City to strengthen local presence and accommodate its expanding business, which has more than doubled over the last five years.

The new office will also accommodate growth in the company's workforce, which has increased by approximately 10 percent over the same time period to around 300 employees. In line with Siemens' aim to be a carbon neutral company by 2030, the new office also uses energy efficient technology including LED lighting, and has implemented the global Siemens Office Concept; a spacious and ergonomic working environment which promotes employee interaction, work-life integration and healthy working practices.

The new office was officially opened in the presence of H.E. Eugen Wollfarth, Ambassador of Germany to Kuwait, Bernd Ganter, Counselor of the German Embassy, Siemens EES Board Members Mr. A. Al-Radwan, and Mr. S. Al-Ghanim, Adrian Wood, CEO, Siemens EES in Kuwait, Dietmar Siersdorfer, CEO, Siemens Middle East and Stefan Halberstadt, CFO Siemens Middle East.

"This is a milestone for Siemens in Kuwait, marking more than 50 years of our partnership with the country. The new office is our commitment to Kuwait's economic development, and our support for the next 50 years and beyond," said Adrian Wood, CEO, Siemens EES. "With more space to expand we are able to innovate, to better serve our customers, to continue our business growth and to enrich our contribution to society in Kuwait."

Siemens has been working in Kuwait since 1959 and has been a contributor of technology to some of Kuwait's largest and most ambitious infrastructure projects, including the combined-cycle Az Zour South Power Plant, Kuwait National Petroleum Company refineries and Clean Fuels Project, and the Kuwait University Health Sciences Center.

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Michael Palmer
Phone: +971 55 200 3873
Email: michael.j.palmer@siemens.com
Weber Shandwick
Email: Siemens@webershandwick.com
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

© Press Release 2016