Notes to the Consolidated Financial Statements Portugal Hilti (Portugal) – Produtos e Serviços Lda., Porto S Puerto Rico Hilti Caribe LLC, San Juan S Romania Hilti Romania SRL, Bucharest S Russian Federation Hilti Distribution Ltd., Moscow S LLC "Oglaend System", Saint Petersburg S Serbia Hilti SMN d.o.o. Beograd, Zemun S Singapore Hilti Far East Private Ltd., Singapore S Hilti Asia Pacific Pte. Ltd, Singapore Se Oglaend System Singapore Pte Ltd., Singapore S Slovakia Hilti Slovakia spol. s r.o., Bratislava S Slovenia Hilti Slovenija d.o.o., Ljubljana S South Africa Hilti Africa Holdings (Pty) Ltd., Johannesburg/Midrand H Spain Hilti Española, S.A., Madrid S Sweden Hilti Svenska AB, Arlöv-Malmö S Ögländ System AB, Höllviken S Switzerland Hilti (Schweiz) AG, Adliswil S Hilti Befestigungstechnik AG, Buchs Se Hilti-Finanz GmbH, Buchs H, Se Taiwan Hilti Taiwan Co., Ltd., Taipei S Thailand Hilti (Thailand) Ltd., Bangkok S Turkey Hilti Insaat Malzemeleri Ticaret A.Ş., Istanbul S Ukraine Hilti (Ukraine) Ltd., Kiev S United Arab Emirates Hilti Middle East FZE, Jebel Ali-Free Zone, Dubai S, Se USA Hilti Inc., Plano, Texas S Hilti of America, Inc., Delaware H Hilti Holdings Limited, Delaware H Hilti US Manufacturing, Inc., Cypress, California P Oglaend System US LLC, Houston S Venezuela Hilti Venezuela, S.A., Caracas S Vietnam Hilti Vietnam Company Limited, Ho Chi Minh City S Less than 100% owned consolidated Group companies (subsidiaries) Bahrain Hilti Bahrain Co. W.L.L., Manama (49%) S Qatar Hilti Qatar W.L.L., Doha (49%) S Saudi Arabia Hilti Saudi Arabia for Construction Tools LLC, Riyadh (75%) S South Africa Hilti (South Africa) (Pty) Ltd., Johannesburg/Midrand (87.25%) S United Arab Emirates Hilti Emirates LLC, Abu Dhabi (49%) S Oglaend Industries Middle East LLC, Dubai (49%) S Although the Group owns less than half of the voting rights of Hilti Bahrain Co. W.L.L., Hilti Qatar W.L.L., Hilti Emirates LLC and Oglaend Industries Middle East LLC, management has determined that the Group controls these four companies. The Group has control, as contractual agreements grant the Group the right to appoint and remove management responsible for directing the relevant activities. In addition, the Group is entitled to appoint, remove and substitute a majority of members of the companies’ Board of Directors. 2018 Financial Report | 73