Leading global water and energy-efficient solutions provider
expands capabilities in fast-growing Russian market
MOSCOW--(BUSINESS WIRE)--Mar. 22, 2012--
Xylem Inc. (NYSE: XYL), a leading global water technology company
focused on addressing the world’s most challenging water issues, today
announced that it has opened a new distribution and customer service
base in Moscow, Russia. Part of a long-term growth strategy, Xylem’s
expanded presence in Russia will focus on boosting sales and
distribution in the country, enhancing relationships with Russian
customers and creating the capability to deliver local customer service,
after-sales support, application engineering and training. The team in
Moscow will concentrate on its core markets, including wastewater
transport and treatment, energy-efficient heating, ventilation and air
conditioning (HVAC) and related solutions for residential and commercial
buildings, and water solutions for light industry, agriculture and
irrigation. The new base will help to drive faster delivery of Xylem
products and enhance local customers’ experience. The company has been
doing business in Russia since 2005 through two independent local
distributors for its Lowara, Vogel, Leopold, Flygt, WEDECO, Godwin and
Sanitaire brands.
“This new base in Moscow enables Xylem to offer wastewater and clean
water pumping products and systems to the Russian market. The channels
to our customers are becoming considerably shorter, and we can now
personally accompany our customers on-site throughout the development of
projects, offering applications solutions and systems expertise,” said
André Dhawan, vice president and general manager of Xylem’s Residential
and Commercial Water business in Europe. “Only Xylem can now offer a
wide range of treatment and transport solutions through an integrated
set of leading global brands. The establishment of the Russian
subsidiary is an important event for both our company and the
marketplace, and underscores our commitment to growing Xylem’s presence
in emerging markets.”
The Moscow team will be led by Oleg Fedorov. Fedorov holds an
engineering degree from Moscow State University and an MBA from the
Rotterdam School of Management. With deep experience in strategy,
marketing, business development and project management, Fedorov
previously worked for General Electric, Holter Group and Lufthansa
Service Group.
About Xylem
Xylem (XYL) is a leading global water technology provider, enabling
customers to transport, treat, test and efficiently use water in public
utility, residential and commercial building services, industrial and
agricultural settings. The company does business in more than 150
countries through a number of market-leading product brands, and its
people bring broad applications expertise with a strong focus on finding
local solutions to the world’s most challenging water and wastewater
problems. Launched in 2011 from the spinoff of the water-related
businesses of ITT Corporation, Xylem is headquartered in White Plains,
N.Y., with 2011 revenues of $3.8 billion and 12,500 employees worldwide.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all -- that which occurs in nature. For more
information, please visit us at www.xyleminc.com.
Source: Xylem Inc.
Louise Cassidy for Xylem
Tel +353.1.678.9333
Cell
+353.86.383.5727
louise.cassidy@edelman.com
or
Richard
Boehland, Tel +49 7151 / 20560-36
richard.boehland@xyleminc.com