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ABB completes EPC business model change
ABB完成工程总承包商业模式变革

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转型年结束前，在三个事业部完成工程总承包（EPC）的商业模式变革。这些决定完全符合ABB把重心转向增强竞争力、提高增长区间和降低风险的战略。

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.

在电网业务部，ABB已经签署了与SNC-Lavalin合资建设变电站EPC项目的协议，SNC-Lavalin将拥有多数控股权。新公司将利用ABB的电力技术地位和SNC-Lavalin项目知识来抓住盈利增长良机。这些措施补充了正在进行的“Power Up”计划。作为该计划的一部分，ABB开始将转向解决方案和基于服务的客户服务。

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.

在工业自动化部门，ABB先前宣布与沙特阿拉伯的能源全面整合EPC承包商Arkad工程建设有限公司组建油气EPC合资公司。该交易预计在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目前的油气EPC业务将转移到新的合资公司，其中Arkad将拥有多数控股权益。基于50多年的石油天然气总承包经验和300多个项目的成功交付，新合资公司Arkad-ABB S.p.A.将为石油和天然气工厂提供全面的综合EPC服务。

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.

在机器人和运动业务部，ABB已经决定放弃现有合同承诺之外的一揽子全列车改造业务。 机器人和运动业务部将继续是铁路行业强大的创新合作伙伴。

“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.”

“我们正在采取果断行动，在我们结束转型年之际完成EPC商业模式的变革。这些措施符合我们把重心转向增强竞争力、提高增长区间和降低风险的战略。” ABB财务官Timo Ihamuotila表示，“我们将把相关变化纳入2017年第四季度财报，并从2018年开始将这些遗留业务在财报里面剥离。”

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.

预计2017年第四季度电网业务部以及机器人和运动业务部的业绩将各自获得利息、税收和摊销前的营业收入约达7500万美元。将交钥匙石油和天然气EPC业务转让给与Arkad的合资企业预计将带来约7500万美元的非营业性税前收益。