Countries in LatAm your company operates in/ your role covers: Colombia, Ecuador, Argentina, Brazil, México and Dominican Republic.

What are the most significant cases and transactions in the LATAM region that you or your legal team has recently been involved in?

Siemens Mobility Spain’s legal team has participated recently in international tenders for projects related to signaling railway systems, electrification and maintenance in México, Colombia, Ecuador, Brazil, Argentina, and Dominican Republic, advising during the offer phase in the identification of the risks and opportunities, and along the project execution for those projects finally awarded.

The projects, with major public investments, are key to the development of the infrastructure and contribute to increase the reliability, capacity of transportation and the life quality of the people.  Siemens management has a clear vision focused on sustainability and innovation. The technology provided by our company allows the efficient management of trains circulation guaranteeing the safety (a fundamental requirement in this kind of project). Due to the relevance of our projects the legal team is essential in every milestone of projects.

The unusual business environment created by the pandemic has been swiftly followed by the Ukraine crisis, attendant supply chain costs rising and inflation. Are you now putting more emphasis on preparing for the unforeseen and, if so, what does this entail?  

The business world has faced a radical change in the planification and execution of the business. This has been the result of experience uncertainties, complex situations, geopolitical tensions, and unforeseeable facts. It is a reality that we, as legal advisors need to keep focusing on the complete business chain, taking care of introducing mitigation measures with the different stakeholders for the benefit of the projects.

The identification of the necessary measures to mitigate the situation include the strict legal analysis of the applicable regulation for each project and on each country, the contractual analysis and the consideration of the existing context in order to find the best legal solutions. It also entails creative legal alternatives within the legal applicable framework and a deep understanding of the business not only from the legal perspective but also technical and financial implications.

What are your organisations plans in the LATAM region over the next 12 months and how will your legal expertise help to achieve these plans?

Our company will continue executing the projects awarded and participating in the opportunities that will be launched by the governments fitting with the expertise that we provide in the signaling railway systems and electrification.

Siemens Mobility Spanish team is comprised of lawyers from different countries, experts on contract management. We operate not only in Latin America but around the world ( in more than 20 Countries), in projects where the technology developed in Spain fits with the needs of the customers demand, mainly the public infrastructure railway operators. Through the different profiles and expertise of the team and the collaboration network we have within Siemens Group we can assure an accurate legal advice to our business.