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ABB completes EPC business model change
ABB完成工程總承包商業模式變革

December 20, 2017 - ABB today announced actions across three divisions to complete the business model change for engineering, procurement and construction (EPC) as it ends its transition year 2017. These decisions are fully in line with ABB’s strategy to shift the center of gravity towards strengthened competitiveness, higher growth segments and lower risk.

2017年12月20日——ABB今天宣布在其2017轉型年結束前，在三個事業部完成工程總承包（EPC）的商業模式變革。這些決定完全符合ABB把重心轉向增強競爭力、提高增長區間和降低風險的戰略。

In the Power Grids division, ABB has signed an agreement to form a joint venture with SNC-Lavalin for electrical substation EPC projects; SNC-Lavalin will have majority and controlling interest. The new entity will leverage ABB’s power technology leadership and SNC-Lavalin project expertise to capture opportunities for profitable growth. These actions complement the ongoing ”Power Up” program; as part of this program, ABB started to shift its focus towards solutions and service-based customer offerings.

在電網業務部，ABB已經簽署了與SNC-Lavalin合資建設變電站EPC項目的協議，SNC-Lavalin將擁有多數控股權。新公司將利用ABB的電力技術領先地位和SNC-Lavalin項目專業知識來抓住盈利增長良機。這些措施補充了正在進行的“Power Up”計劃。作為該計劃的一部分，ABB開始將重點轉向解決方案和基于服務的客戶服務。

In the Industrial Automation division, ABB has previously announced the oil & gas EPC joint venture with Arkad Engineering and Construction Ltd., a fully integrated EPC contractor for the energy sector based in Saudi Arabia; the closing of the transaction is now expected by December 31, 2017.

在工業自動化部門，ABB先前宣布與沙特阿拉伯的能源全面整合EPC承包商Arkad工程建設有限公司組建油氣EPC合資公司。該交易預計在2017年12月31日前完成。

ABB’s current oil & gas EPC business will be transferred into the new JV company, in which, Arkad will have majority and controlling interest. The new JV company, Arkad-ABB S.p.A., will provide the full range of integrated EPC services for oil & gas plants. It will build on more than 50 years of experience in oil & gas EPC and the successful delivery of more than 300 projects globally.

ABB目前的油氣EPC業務將轉移到新的合資公司，其中Arkad將擁有多數控股權益。基于50多年的石油天然氣總承包經驗和全球300多個項目的成功交付，新合資公司Arkad-ABB S.p.A.將為石油和天然氣工廠提供全面的綜合EPC服務。

In the Robotics and Motion division, ABB has decided to wind down its turnkey full train retrofit business, beyond meeting current contractual commitments. Robotics and Motion will continue its strong role as innovation partner for the rail industry.

在機器人和運動業務部，ABB已經決定放棄現有合同承諾之外的一攬子全列車改造業務。 機器人和運動業務部將繼續是鐵路行業強大的創新合作伙伴。

“We are taking decisive actions to complete our EPC business model change as we end our transition year. These actions are in line with our strategy to shift our center of gravity towards strengthened competitiveness, higher growth segments and lower risk,” said ABB CFO Timo Ihamuotila “We will book the related charges in Q4 2017 and report the divisions starting in 2018 excluding these legacy businesses.”

“我們正在采取果斷行動，在我們結束轉型年之際完成EPC商業模式的變革。這些措施符合我們把重心轉向增強競爭力、提高增長區間和降低風險的戰略。” ABB首席財務官Timo Ihamuotila表示，“我們將把相關變化納入2017年第四季度財報，并從2018年開始將這些遺留業務在財報里面剝離。”

The fourth quarter 2017 results of Power Grids and Robotics and Motion are each expected to be impacted by approximately $75 million on operational EBITA. The transfer of the turnkey oil & gas EPC business into the JV with Arkad is expected to result in a non-operational pre-tax charge to net income of approximately $75 million.

預計2017年第四季度電網業務部以及機器人和運動業務部的業績將各自獲得利息、稅收和攤銷前的營業收入約達7500萬美元。將交鑰匙石油和天然氣EPC業務轉讓給與Arkad的合資企業預計將帶來約7500萬美元的非營業性稅前收益。