22.03.2010

Egypt in the focus of middle Africa on March 16th 2010

Rollout of the first tower of SIAG Elsewedy Towers S.A.E.

Dernbach, March 22nd 2010 – In a moving ceremony, more than 200 international guests celebrated the rollout of the first tower at the production site in Ain Sukhna on March 16th 2010.

“One year ago we had neither water, electricity, gas nor road. Today here is one of the most modern production sites for steel tubular towers located, that is able to keep up with other locations in Europe and also exceed the market requirements distinctly. Here in Ain Sokhna we are able to produce towers with high technical perfection under quality assurance according to German standard. And I am really proud of it.“ said Rüdiger Schaaf.

left to right: Hassan Abdel Salam, Board of Management S.E.T., Dr. Hassan Younes, Minister for Electricity, Rasheed Mohammed Rasheed, Minister for Trade and Industry, Rüdiger Schaaf, Founder and CEO SIAG Schaaf Industrie AG, Board of Management S.E.T.

Apart from other top-class guests, the Ambassador Michael Bock as well as Egypt Representatives - General Seif Galal, Suez Governor and Rasheed Mohammed Rasheed, Minister for Trade and Industry and Dr. Hassan Younes, Minister for Electricity were fascinated and favorably impressed by the German-Egypt joint project.


“This German-Egypt joint venture of SIAG Schaaf Industrie AG and Elsewedy is a pioneer project for the development in Egypt. German technologies, Know-How and quality standards bundled with the knowledge of local conditions and regularities on site have led to success obviously. Today it is a pleasure solemnizing the production of the first tower here in Egypt.” said Ambassador Michael Bock

First tower leaves production hall

The guests were looking forward to the tower transport outside of the production hall jointly. On this day no different religions and nationalities were present, but rather foregrounded cooperation and pleasure about the common success.

SIAG Elsewedy Towers S.A.E. will produce 100 towers for the North and East-African area, Mediterranean region as well as the Middle East in the start-up phase in 2010. On production at full capacity it will be possible to produce 300 towers per year on site.

The wind energy sector is one of the fastest growing industries worldwide. The conversion to alternative energy resources will be more important and more necessary. Up to 2020 Egypt plans extending the current installed power of 550 MW wind energy to 7.200 MW. This represents a high potential to us.“ said Hassan Abdel Salam, Board of Management SIAG Elsewedy Towers S.A.E.


SIAG Schaaf Industrie AG
SIAG Schaaf Industrie AG has developed from a classical steel construction company to a leading supplier for the power generating industry since the last 14 years. SIAG Group worldwide employs 2,000 staff at 13 locations in Europe, Africa, Asia and the USA. Our core competence is divided into four business units:
SIAG’s target markets are wind turbine manufacturers for onshore and offshore wind farms as well as the power generating industry in the nuclear, conventional and alternative sector. SIAG combines the benefits of being a medium-sized industrial company and the effectiveness of market leadership. Our flat hierarchies enable us to respond quickly to new market requirements.