Voith reports record China growth

Source:Global Times Published: 2011-12-18 22:45:03

German technology and industrial service provider Voith has reported a 20 percent year-on-year growth in newly-added orders in China, with sales in 2011 totaling 10 billion euros ($13.05 billion), setting a new record for its China business, according to the company's performance report.

"In the past five years the annual growth rate of Voith was close to 30 percent. With the steady growth in China's infrastructure investment, Voith will continue to experience growth in China," said Hubert Lienhard, CEO and president of Voith.

 

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