Siemens closes in on VA TECH
- From: Vol 5, Issue 12 (December 2004)
- Category: General
- Region: Europe
- Related Companies: Siemens, US Filter, VA Tech (Wabag) and Veolia Environnement (formerly Vivendi Environnement)
WABAG will give the German engineer a way into the treatment plant business. If it does a deal.
Siemens looks set to take another stride into the water sector as the battle for control of Austria’s VA TECH reaches the endgame. VA TECH’s water systems subsidiary, WABAG, had sales of €205 million in 2003. The VA TECH group as a whole generates revenues of €3.9 billion from power generation and transmission, metal
production and infrastructure ...
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