Siemens enter the eco-market, plans to sell 25 billion euros

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Germany's Siemens will be a major push into the global ecological products market, and the ecological environment before the project portfolio from last year's sales of 17 billion euros in 2011 to 25 billion euros (38.8 billion U.S. dollars).

Xu, Chief Executive Officer Petrovsky Germany (Peter Loescher) this week, said in a statement, to 2011, organic environmentally friendly products will become Siemens three main sectors: industrial, energy and health sector an important product.

Mr Lo Tak said that as currently the company in London introduced a series of environmental portfolio, is working to catch up with General Electric as the competitors.

Siemens chief executive, said he expects in the next few years, the portfolio of environmental protection to achieve an annual growth rate of about 10 percent. "Last year, our environmental portfolio income of about 17 billion euros. We in this regard than our competitors, there is a clear competitive advantage." Loescher said.

By comparison, General Electric Company ecological products last year generated a total revenue of 14 billion U.S. dollars, in 2010 plans to increase its sales value of about 25 billion U.S. dollars.