December 04, 2008

Siemens bags major order from ThyssenKrupp CSA Brazil

Thomson Financial reported that Siemens AG has won an order worth about EUR 700 million from ThyssenKrupp AG's Brazilian unit CSA Companhia Siderurgica to take complete responsibility for electrical and mechanical maintenance of all machinery and equipment involved in the steel production process.

ThyssenKrupp said that the contract will run for 15 years.