Download - Siemens Pakistan
Download - Siemens Pakistan
Download - Siemens Pakistan
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Directors’ Report<br />
29<br />
Branch Operations in Afghanistan<br />
Due to organizational changes in the <strong>Siemens</strong> World and in order to strengthen the regions, the branch<br />
operations of <strong>Siemens</strong> AG in Afghanistan were handed over to the Company with effect from May 01,<br />
2008. In a very short period we were able to receive orders of over Rs 2.300 billion for supply and<br />
installation of high voltage substations and transformers to Kabul distribution enhancement project.<br />
Performance Acknowledgment<br />
<strong>Siemens</strong> World<br />
<strong>Siemens</strong> <strong>Pakistan</strong> is a subsidiary of <strong>Siemens</strong> Aktiengesellschaft, Germany (<strong>Siemens</strong> AG) which is<br />
incorporated in Germany and holds 66.10 percent shares of the Company.<br />
The continuous success and growth of your company is now being reflected in the <strong>Siemens</strong> world. During<br />
the year the company was upgraded to 'category one' Company from 'category two' in the <strong>Siemens</strong> world.<br />
This up gradation is based on size, volume and performance of Regional Companies. This is a big<br />
achievement for the company and an acknowledgment of our past and current performances.<br />
The Company was awarded “Highest Profit Growth in 2007” award in the area of high voltage at the<br />
Annual Conference of <strong>Siemens</strong> AG in Berlin. Further <strong>Siemens</strong> <strong>Pakistan</strong> won the award of “Global<br />
competitiveness (Productivity Improvement)” awarded by PTD M <strong>Siemens</strong> Germany in the 5th<br />
Management Conference held in Berlin.
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