SIEMENS AG Austria

In the course of fiscal 2005, Siemens Austria succeeded in taking over VA Technologie AG. This move will enable the Siemens Group in Austria to further grow its high market share and become one of the country’s biggest industrial companies. Siemens Austria has regional responsibility for company operations in Slovakia, Slovenia, Croatia, Bosnia-Herzegovina, Serbia and Montenegro, Romania and Bulgaria, and has seen its ambitious growth plans for these countries confirmed.