Bevel-helical gear Reduction Boxes B2 kg Solid shaft with parallel key HSH n A B2-FH16-B

Flender/Flender Gear Units/Bevel-helical gear Reduction Boxes B2

ns in respect of the Olkiluoto 3 nuclear power plant unit. 2 2 2 2 2Siemens' business volume in Finland and the Baltics Energy Communications IndustryOsramBusiness Services Building Technology HealthcareTransportationSiemens Financial ServicesOthers MNew OrdersNet Sales 8From the CEO During the year under review, the focus of investments in Finland was on construction, with work on major projects such as the Olkiluoto 3 nuclear power plant unit and Vuosaari Harbor stimulating business life. Investments in the Baltics were marked by fairly large EU-funded infrastructure projects. Growth of the gross national product and industrial production in the Baltics remained high, with economic growth fostered by continuing healthy private consumption and investment demand. Henrik Gayer CEOSiemens Osakeyhti 9The upswing in the Finnish electrical engineering and electronics industry, and the metal industry, coupled with major infrastructure projects in the Baltics, was reflected positively in new orders. We won major orders from the forest industry, the power sector and Finnish and Baltic railway companies. New shopping centers reflected invest- ments in building. We provided security technol-ogy systems and automation to the Kamppi Centre, and Sello and Jumbo shopping centers. We further intensified our partnership with public adminis-tration during the year under review. Our customers include the cities of Tampere, Tallinn and Vilnius, and the Latvian Ministry of the Interior. Major Account Sales Our Finnish customers play in fiercely competi-tive field. Working more closely with our customers and gaining deeper insight into their businesses enables us to best draw on our diversified excellence to enhance our customers productivity and compet-itiveness. During the year under review, we set up new unit, Major Account Sales, to serve customers requiring diverse part and turnkey solutions. For the customer, one supplier translates into easier purchases, less proje