Joint Ventures
In addition to the Nokia Siemens telecommunications giant formed in 2006 the company has a number of other joint ventures:
- Siemens Traction Equipment Ltd. (STEZ), Zhuzhou China, is a joint venture between Siemens, Zhuzhou CSR Times Electric Co., Ltd. (TEC) and CSR Zhuzhou Electric Locomotive Co., Ltd. (ZELC). which produces AC drive electric locomotives and AC locomotive traction components.
- Silcar Pty. Ltd., Silcar’s parent companies are Siemens Ltd and Thiess Services Pty Ltd. Silcar has 50/50 shareholders; Siemens Ltd (a global leader in electrical engineering and electronics) and Thiess Services (a leading integrated engineering and services provider in Australasia and South East Asia). Silcar is a 3,000 person Australian organisation providing productivity and reliability for large scale and technically complex plant assets. Services include asset management, design, construction, operations and maintenance. Silcar operates across a range of industries and essential services including power generation, electrical distribution, manufacturing, mining and telecommunications.
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