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Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services. The Company's product groups include automation, building technologies, drive technology, healthcare, mobility, energy, financing, consumer products and services. Its services include industry services, energy services, healthcare services, rail and road solutions services, logistics and airport solutions services, home appliances services, and building technologies services. Its market-specific solutions are focused on markets, such as aerospace, automotive, data centers, fiber industry, food and beverage, and machinery and plant construction.
Misc. Capital Goods
Jim Hagemann Snabe
Independent Chairman of the Supervisory Board
Chairman of the Management Board, President, Chief Executive Officer
Independent First Deputy Chairwoman of the Supervisory Board, Employee Representative
Independent Second Deputy Chairman of the Supervisory Board
Ralf P. Thomas
Chief Financial Officer, Member of the Management Board
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Siemens promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.
Siemens <SIEGn.DE> promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.
Siemens and Orascom Construction signed an agreement on Saturday with the Iraqi government to rebuild two power plants in the north of the country that will have a combined capacity of 1.6 gigawatts.
Siemens board member Michael Sen is the favourite to lead the new standalone energy business which the German engineering group is planning to spin off, sources have told Reuters.
Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.
Russian conglomerate Rostec has sold its stake in a sanctioned technology company that was embroiled in a scandal over the installation in annexed Crimea of turbines made by Germany's Siemens <SIEGn.DE>, Rostec told Reuters on Thursday.
Siemens <SIEGn.DE> said on Thursday deteriorating demand from automotive and machine building firms hit its third-quarter profit, becoming the latest industrial company to warn about a weaker environment hitting its business.
Siemens <SIEGn.DE> expects the downturn from customers in the automotive and machine building industries to continue well into 2020, Chief Financial Officer Ralf Thomas said on Thursday.
Siemens expects the downturn from customers in the automotive and machine building industries to continue well into 2020, Chief Financial Officer Ralf Thomas said on Thursday.
Siemens' <SIEGn.DE> head of human resources Janina Kugel will leave the company at the end of January, while the contract of board member Cedrik Neike was extended by five years, the engineering company said on Wednesday.
Siemens Government Technologies Inc, a unit of Siemens AG, has been awarded an $829 million contract for energy savings and performance measures at the U.S. naval base in Guantanamo Bay, Cuba, the Pentagon said on Thursday.
Germany's Siemens will supply and install equipment for two converter stations as part of the Viking Link project, Britain's National Grid and Energinet of Denmark announced on Tuesday.
Nigeria and German company Siemens have agreed a roadmap to nearly triple the country's "reliable" power supply by 2023, President Muhammadu Buhari said on Monday.
Siemens, the state of Saxony and the Fraunhofer-Gesellschaft are creating around 100 new jobs by investing roughly 30 million euros ($33.80 million) at the engineering company's site in Goerlitz, eastern Germany.
Siemens plans to cut 2,700 jobs at its gas and power company, in addition to 10,400 it is already shedding in its core units, the German engineering firm said on Tuesday.
Siemens struck a deal to sell its in-house startup Siemens eAircraft to Rolls-Royce for an undisclosed sum, it said on Tuesday.
Siemens on Friday said RZD Russian Railways had placed an order for 13 high-speed Velaro trains under a contract worth 1.1 billion euros.
Russian Railways (RZhD) signed a 1.1 billion euro deal on Friday with Germany's Siemens and Russia's Sinara Group to buy 13 high-speed "Sapsan" trains and 30 years worth of servicing for the trains, RZhD said on Friday.
The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.
Siemens cheered investors on Wednesday by saying it would spin off its faltering 30 billion euro ($34 billion) gas-turbines business and posting better-than-expected quarterly earnings.
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