http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 17.95Change: 0.17
R/$ = 15.89Change: 0.13
Au 1189.96 $/ozChange: -5.49
Pt 927.00 $/ozChange: -9.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 13, 2012

Siemens’ industry unit eyes spin-offs from African infrastructure push

Back
Africa|Ghana|Mining|Resources|Siemens|Technology|Water|Africa|Angola|Ghana|Mozambique|Nigeria|South Africa|Automotive|Beverage|Control Solutions|Diverse As Food|Energy|Food|Healthcare|Services|Solutions|Infrastructure|Raymond Padayachee
Africa|Ghana|Mining|Resources|Siemens|Technology|Water|Africa|Angola|Ghana||Automotive|Energy|Services|Solutions|Infrastructure|
africa-company|ghana-company|mining|resources|siemens|technology|water|africa|angola|ghana|mozambique|nigeria|south-africa|automotive|beverage|control-solutions|diverse-as-food|energy|food|healthcare|services|solutions|infrastructure|raymond-padayachee
© Reuse this



The industry sector within global technology group Siemens is expanding its African footprint and expects to benefit directly and indirectly from the resources- and infrastructure-related investments planned for the continent in the coming years.

Industry sector VP for Africa and the Middle East Raymond Padayachee says the unit, through sales of automation and control solutions and services, as well as drive and metals technologies to industries as diverse as food and beverage, automotive and mining, is targeting yearly growth of 7 % across the continent.

Globally, the unit contributed about €20- billion to the group’s sales of around €74- billion in 2011, with the balance being derived from the German multinational’s other segments or clusters, including infrastructure and cities, energy and healthcare.

The attention being given to the continent effectively reverses a corporate scale-back that took place in Africa between 2007 and 2009 and is backed by a material investment strategy.

The industry unit alone has expanded its employment levels to around 600 people, with the majority of those still located in South Africa, which provides back office support to a number of the other African offices.

The segment has materially increased its on-the-ground presence in countries such as Angola, Ghana, Mozambique and Nigeria, where growth is arising primarily from invest- ments being made in the resources, food and beverage and water distribution sectors.

“The South African market, along with some of the country’s neighbours, remains our ‘base’ business. But, at the moment, we are seeing increased investment and growth outside the South African market,” Padayachee outlines.

South Africa remains a key gateway, but it continues to assess localisation prospects in other countries.

He says the infrastructure programmes in South Africa and the rest of Africa, should they materialise, would have material second-round benefits for industry unity, although its energy and infrastructure business units will have a more direct exposure.

During 2011, the Siemens group recorded double-digit order growth in Africa, which was underpinned particularly by strong orders for its energy solutions and services.

“But entering the African market requires planning, patience and understanding and that is precisely how we are approaching it,” Padayachee concludes.

Edited by: Martin Zhuwakinyu
Creamer Media Senior Deputy Editor
© Reuse this

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Manufacturing News
The Evraz Highveld Steel and Vanadium business rescue practitioners will now seek to sell individual components of the enterprise as going concerns following a failure to consummate the sale of the entire business to International Resources Limited (IRL), of China....
Seifsa CEO Kaizer Nyatsumba
The metals and engineering sector, which has been underperforming in recent years, will come under microscopic scrutiny when stakeholders from business, labour and government meet at the second Southern African Metals and Engineering Indaba in May. Former Deputy...
Bidvest CE Brian Joffe
South Africa's Bidvest Group Ltd on Monday said it plans to spin off and separately list its food business on the local stock exchange, beginning the industrial conglomerate's latest attempt to separate its biggest division. Bidvest, a sprawling company involved in...
More
 
 
Latest News
Credit Suisse Securities chairperson Rick Menell
Updated 12 minutes ago Africa was entering a phase of becoming the factory of the world requiring the building of facilitating infrastructure, Credit Suisse Securities chairperson Rick Menell. Speaking  during a panel discussion at the 2016 Investing in African Mining Indaba, Menell...
Updated 45 minutes ago If the latest mosquito-borne Zika virus breaks out in Africa the continent would be less prepared than any other to deal with the outbreak. Zika fever is a mosquito-borne viral disease caused by the Zika virus which is suspected of leading to the birth of deformed...
Updated 1 hour 22 minutes ago The Gupta brothers on Tuesday obtained an urgent interdict to stop the EFF from threatening them. Judge Johan Louw granted an order in the High Court in Pretoria, interdicting the party, its leader Julius Malema and its Gauteng spokesperson Ntobeng Ntobeng from...
More
 
 
Recent Research Reports
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
Energy Roundup – February 2016 (PDF Report)
The February 2016 roundup covers activities across South Africa for December 2015 and January 2016 and includes details of a Government Gazette notice that confirms Cabinet’s decision to move ahead with the 9 600 MW nuclear procurement programme; State-owned power...
Energy Roundup - December 2015 (PDF Report)
The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear...
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
 
 
 
 
 
This Week's Magazine
Power and automation company ABB is in the launch phase of its highest payload, multipurpose industrial robot, the IRB 8700. The robot has a reach of 3.5 m and can handle a payload of up to 800 kg. “When designing the IRB 8700, we emphasised reach and payload, as...
Identity and Access Management (IAM) is a critical facet of a connected security ecosystem, as controlling the confidentiality, integrity and authorisation of data access and use is key to securing new digital business channels. However, companies face several...
RORY YOUNG Managed security services provide companies with a means to actively monitor their environment and ward against threats
Data underpins digital business models, the digital economy, the Internet of Things and the fundamental changes in the ways people interact and protecting data is crucial to securing new ways of doing business, says T-Systems South Africa information and...
The City of Cape Town will issue a tender for the procurement of electric buses for its MyCiTi service, in line with the council’s commitment to lower its carbon footprint, says executive mayor Patricia de Lille. The tender, to be advertised early in February, will...
The iSimangaliso Wetland Park Authority signed a R10-million contract last month with local tailings storage facility specialists Cyclone Engineering Projects to remove about 100 000 m3 of dredge spoil obstructing the natural course of the uMfolozi river, in...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149