The framework agreement; which covers the joint development of infrastructure projects in
Dr. Viktor Vekselberg, President of the Renova Group, stated that the agreement marked an important step in the economic cooperation between
‘We are expecting substantial results from the agreement with Siemens in the medium term,’ said Dr Vekselberg. ‘Siemens’ technological know-how and Renova’s regional expertise complement one another in infrastructure projects.
‘In view of our commitment to IES (Integrated Energy Systems), we see a wide range of possibilities for cooperation – particularly in the area of municipal energy supply. All in all, the partnership will strengthen
Siemens described the agreement as a strategic commitment to leverage its technical expertise in the areas of power generation and distribution, telecommunications and industrial solutions in order to modernize
‘A reliable supply of power is vital to meet the increasing energy needs of