Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Siemens Consolidates In New Zealand

18 Spetember 2005

Siemens Consolidates In New Zealand For Future Growth

Siemens has today announced the amalgamation of the New Zealand Siemens Energy Services Limited business with the existing core operations of Siemens (NZ) Limited.

The amalgamation will have legal effect from 1 October 2005.

Chairman and Managing Director of Siemens Australia and New Zealand, Albert Goller, said the decision to bring the businesses together consolidates and strengthens Siemens in New Zealand.

"As separate businesses, the New Zealand performance over the past few years has been pleasing," said Mr Goller.

"Bringing the two businesses together confirms the Siemens long-term commitment to the New Zealand market and provides opportunities to deliver broader offerings to our clients."

Gottfried Pausch has been appointed as Managing Director for the combined operations.

The appointment takes effect immediately.

Mr Pausch was previously the Chief Executive Officer for Siemens Energy Services Limited and has overseen the growth of the business since its formation in May 2001 following the acquisition by Siemens AG in Germany of the United Networks Contracting Field Services business.

"The amalgamation of Siemens Energy Services with Siemens New Zealand enables further synergies to be realised across the diverse technology based solutions offered in power, communications, automation, transportation, healthcare and buildings segments," said Mr Pausch.

"We have a genuine opportunity to grow and develop a sustainable, reliable and accountable business here in New Zealand."

Since joining Siemens in 1986, Mr Pausch has held a number of senior positions across the Asia Pacific. Mr Pausch has a Bachelor in Electrical Engineering and has gained an MBA from Duke University in North Carolina USA.

A notable achievement for Mr Pausch while at Siemens Energy Services was to receive a recent safety award at the annual Electrical Engineers Association Awards for the implementation of a number of safety initiatives which resulted in a reduction of the company's lost time injury frequency rate from 30 in 2001 to zero in 2005.

About Siemens in New Zealand Siemens has operated in New Zealand for over 125 years. With well-established businesses in both Australia and New Zealand, Siemens is a diversified technology based solutions provider specialising in power, communications, transportation, healthcare, buildings and automation.

At the end of fiscal 2004 (September 2004), Siemens achieved AUD 2.224 billion in new orders received with 3,251 employees (500 in New Zealand). Siemens in Australia and New Zealand is part of the Siemens global network of innovation which operates in 190 countries throughout the world.


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news