Siemens AG


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Next Event

Q1 2021 Siemens AG Earnings Release

Latest Developments


Siemens And Merck Announce Project Partnership In Modular Production

Siemens Mobility Intends To Acquire Australia's SCATS Traffic Management Provider

Siemens Mobility Intends To Acquire Scats Traffic Management Provider


About Siemens AG

Siemens AG is a Germany-based technology company. It operates through seven segments: Digital Industries, which offers products and system solutions for automation used in discrete and process industries; Smart Infrastructure, which supplies and intelligently connects energy systems and building technologies; Gas and Power, which offers products, solutions and services for generating electricity, for producing and transporting oil and gas, as well as for downstream and oil and gas-related operations; Mobility, which combines all Siemens businesses in the area of passenger and freight transportation; Siemens Healthineers, which supplies technology to the healthcare industry and engages in diagnostic imaging and laboratory diagnostics; Siemens Gamesa Renewable Energy, which designs,and produces wind turbines, and sales wind farms, and Financial Services (SFS), which offers leasing solutions and equipment, project and structured financing in the form of debt and equity investments.


Misc. Capital Goods

Contact Info

Werner-von-Siemens-Strasse 1




Executive Leadership

Jim Hagemann Snabe

Independent Chairman of the Supervisory Board - Shareholder Representative

Joe Kaeser

Chairman of the Management Board, President, Chief Executive Officer

Roland Busch

Deputy Chief Executive Officer, Labor Director, Member of the Management Board

Birgit Steinborn

Independent First Deputy Chairwoman of the Supervisory Board, Employee Representative

Werner Wenning

Independent Second Deputy Chairman of the Supervisory Board - Shareholder Representative

Key Stats

1.97 mean rating - 29 analysts
Revenue (MM, EUR)
















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Latest News

Latest News

Siemens, Deutsche Bahn launch local hydrogen trains trial

Siemens Mobility and Deutsche Bahn have started developing hydrogen-powered fuel cell trains and a filling station which will be trialled in 2024 with view to replace diesel engines on German local rail networks.

Siemens accuses former manager of stealing heart catheter trade secrets

A medical technology unit of Siemens AG has filed a lawsuit accusing a former manager of stealing trade secrets related to heart catheter devices when he went to work for rival NuVera Medical Inc.

Siemens cautious on recovery as CEO Kaeser steps aside

German engineering group Siemens gave a cautious outlook on its recovery from the COVID-19 pandemic, saying on Thursday it expects government and company investments next year to lag the global rebound in economic growth.

Siemens wants to carve out traffic systems business

Siemens wants to separate its Intelligent Traffic Systems (ITS) from its mobility business and run it as separately managed company, Deputy Chief Executive Roland Busch said on Thursday.

Siemens, Carlyle near $2.4 billion deal over Flender business: Bloomberg

U.S. buyout group Carlyle Group Inc <CG.O> is nearing an agreement to acquire Siemens AG's <SIEGn.DE> mechanical drive arm Flender, for about for about 2 billion euros ($2.37 billion), Bloomberg News reported citing sources.

Siemens launches local power trading platform with German utility

German technology group Siemens and utility Allgaeuer Ueberlandwerk (AUEW) on Thursday launched a trading platform that allows small rooftop solar energy producers to trade power locally with other households and businesses.

Macquarie, Siemens units create U.S. distributed energy joint venture

Units of Macquarie Group <MQG.AX> and Siemens AG <SIEGn.DE> are forming a venture named Calibrant Energy, that will invest in the emerging energy-as-a-service (EaaS) sector in the United States, according to a joint statement on Monday.

Slimmer Siemens to shy away from massive deals after Energy spin off: source

Siemens <SIEGn.DE> does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy <ENR1n.DE> on Monday, a source close to the company said.

Siemens Energy mulls plan for exiting coal activities: Welt am Sonntag

Siemens Energy is working on plans to exit technologies tied to coal-fired power stations, Siemens Chief Executive Joe Kaeser told Welt am Sonntag.

Siemens sees market value of energy spin-off above $20 bln-source

Siemens expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next week, a source close to the company said.

Siemens Energy plans deeper cost cuts to boost margins

Siemens Energy has raised its savings target in an effort to raise profit margins only weeks before it will be spun off from parent Siemens and gain its own stock market listing.

Siemens Energy to close sites after spin-off: source

Siemens Energy, the power division being spun off from parent Siemens <SIEGn.DE> next month, plans to close plants in an effort to raise margins, a person close to the company said.

Siemens Energy to close sites after spin-off -source

Siemens Energy, the power division to be spun off from parent Siemens next month, is seeking to cut its production network in a bid to raise margins, a person close to the company said.

Siemens forecasts modest sales growth as speeds up cost cuts

Siemens <SIEGn.DE> expects a "modest" improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus downturn by speeding up cost savings.

Siemens CEO expects modest q-on-q growth in orders and revenue in fourth quarter

Siemens <SIEGn.DE> Chief Executive Joe Kaeser said the engineering company has seen the worst of the coronavirus crisis and expects modest growth in orders and revenue in its fourth quarter running from the July to September, compared with the previous quarter.

Siemens stepping up cost savings to tackle COVID-19 downturn

Siemens <SIEGn.DE> has accelerated and expanded its cost saving programme to tackle the economic downturn caused by the COVID-19 pandemic, deputy Chief Executive Roland Busch told reporters on Thursday.

Siemens CEO says China business is doing better than last year

Siemens <SIEGn.DE> is seeing an improvement in its business in China but remains uncertain about the development of the United States market, Chief Executive Joe Kaeser said on Thursday.

Siemens beats forecasts for industrial profit

Siemens posted better-than-expected industrial profit for its third quarter as the German engineering group weathered the effects of the coronavirus pandemic.

Brazilian waste management firm finds cost-cutting users in pandemic

A month-old Brazilian company's machines that use bacteria to break down organic waste has found users among domestic upscale supermarket Natural da Terra, units of Reckitt Benckiser <RB.L> and Siemens AG <SIEGn.DE>, and logistics firm Luft, its chief executive said on Thursday...

Siemens to let staff spend less time in the office permanently

Germany's Siemens <SIEGn.DE> has decided to let its employees work from wherever they want for two or three days a week, in the latest example of how the coronavirus is making major companies re-think how and where their staff work.

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