Creating a new home base

Nov 10, 2020 | Market News

Due to the successful start of production, Siemens Bauelemente GmbH purchased a plot of land of 60,000 m² from the city of Villach on March 5, 1971 for ATS 1,200,000 (today's value adjusted for indexation: Euro 393,432.00) with an option right for a further 40,000 m2 until 1991.

The first construction work for the adaptation of the present company premises began in May and were completed in October 1971. The construction of the building was delayed due to the strong economic fluctuations and finally started in November 1972.

FY 70/31 as of September 30, 1971
95 employees - predominantly women
Sales: ATS 30.02 million
Produced units: 19 million

Press Photos

  • The first of many construction activities at the Villach site
    The first of many construction activities at the Villach site
    Karawankenweg_Bau

    PNG | 761 kb | 744 x 542 px

  • The first of many construction activities at the Villach site
    The first of many construction activities at the Villach site
    Karawankenweg_Bau_2

    PNG | 691 kb | 744 x 542 px

  • Siemens CEO Dr. Hans Hecke and Villach's mayor Josef Resch sign the purchase agreement
    Siemens CEO Dr. Hans Hecke and Villach's mayor Josef Resch sign the purchase agreement
    Vertragsunterzeichnung

    PNG | 663 kb | 744 x 553 px