16 Sep 2015 - NEW DELHI: Acquiring majority control in UEM India Private Limited (UEM), an international
water services company, by Toshiba Corporation (Toshiba) for its enhancing water management
business in India, Toshiba India Private Limited (TIPL), a wholly owned subsidiary of Toshiba, and
UEM group today announced the appointment of Mr. Koichi Matsui, 41, from Toshiba Corporation
as the Chairperson and Managing Director of UEM, effective immediately.
Mr. Matsui will assume responsibilities for managing UEM including - developing, driving and
implementing business strategies and solutions, along with Mr. Krishan Kshetry, Promoter, UEM,
to expand the Company's business in India and abroad.
Mr. Matsui, Chairperson and Managing Director, UEM said, "I am very much looking forward
to spearhead UEM Group, an international multi-disciplinary environmental services company.
With the synergy between Toshiba and UEM, we have a unique opportunity to deliver breakthrough
technologies and quality control that will bring greater value to our clients, employees, investors
and other stakeholders. UEM's strong brand, together with positive market development and the
excellent momentum in our existing operations form a solid platform for continued good growth
Mr. Kenji Urai, Managing Director, TIPL said, "Toshiba's human resource management strategy
has been a key contributor to its success. Mr. Matsui has played an instrumental role in building a
strong team to achieve best solutions for clients on a consistent basis in his previous role. India
being one of the most important markets in water treatment business for Toshiba, I believe Mr.
Matsui's rich experience will be of immense value to Toshiba's business as it enters the next phase
of its growth story in the India Region. I am confident that under his leadership, UEM will
consolidate its position as competitive water management company in global market and expand its
business. On behalf of the entire Toshiba India team, I would like to thank him for his contribution
and wish him success in his new role."
Mr. Matsui, a post graduate in Division of Environmental Science & Technology from Kyoto
University, will be based in New Delhi. Starting his career in Toshiba as an electrical engineer for
water and wastewater treatment plant in 1999, he acquired knowledge of process engineering for
desalination and industrial waste water treatment plant, as well as project management. Since his
joining, he has played a vital role in successful completion and operation of over 30 water treatment
projects in Japan and abroad. In 2014, he joined UEM as a Director/Chief Alliance Officer and has
promoted managing their business.
About Toshiba India Private Limited (TIPL)
Toshiba India Private Limited is a wholly owned subsidiary of Toshiba Corporation Japan. Toshiba Corporation,
a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product
and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare
Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the
principles of The Basic Commitment of the Toshiba Group, "Committed to People, Committed to the Future",
Toshiba promotes global operations and is contributing to the realization of a world where generations to come
can live better lives. Founded in Tokyo in 1875, today's Toshiba is at the heart of a global network of over 580
consolidated companies employing 199,000 people worldwide, with annual sales surpassing 6.6 trillion yen
(US$55 billion). To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
UEM Group is an international multi-disciplinary environmental services company, headquartered in India that
specializes in providing turnkey services in water and wastewater collection, treatment and disposal. UEM Group
provides complete, single-source services from engineering and design to construction and installation of water,
wastewater and domestic waste treatment facilities.
The Company has over 970 employees, with the core design team based in Noida. Its technical expertise has
allowed it to become one of the few companies in the space to have unique capabilities in biological treatment,
MBR process and Zero Liquid Discharge capability, amongst others. It has delivered projects in sectors such as
oil & gas, power, breweries and tanneries, with clients that include ONGC, IOC, NTPC, Coca-Cola, P&G,
Bristol-Myers Squibb and various government bodies. The Company has also been involved with projects funded
by multilateral bodies, like the World Bank and the Asian Development Bank.
The UEM Group of companies has provided quality services to industries and municipalities since 1973 and its
activities to date encompass over 350 projects in around thirty countries. For more information, please visit www.uemgroup.com.