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Siemens Mobility Intends To Acquire Scats Traffic Management Provider
Siemens AG Says Siemens Mobility To Deliver 109 Light Rail Trams For Düsseldorf And Duisburg
Siemens And Toutenkamion Group Create Mobile Intensive Care Units For Hospitals
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
Jim Hagemann Snabe
Independent Chairman of the Supervisory Board - Shareholder Representative
Chairman of the Management Board, President, Chief Executive Officer
Deputy Chief Executive Officer, Labor Director, Member of the Management Board
Independent First Deputy Chairwoman of the Supervisory Board, Employee Representative
Independent Second Deputy Chairman of the Supervisory Board - Shareholder Representative
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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.
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 is working on plans to exit technologies tied to coal-fired power stations, Siemens Chief Executive Joe Kaeser told Welt am Sonntag.
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 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, 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, 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 <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 <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 <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 <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 posted better-than-expected industrial profit for its third quarter as the German engineering group weathered the effects of the coronavirus 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...
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.
France's Alstom <ALSO.PA>, which has agreed to buy Bombardier's transport unit, reported on Thursday a slump of 27% in first-quarter sales as coronavirus lockdown measures slowed rolling stock sales recognition while a traffic decline hit its services and signalling division...
German state-owned rail operator Deutsche Bahn has agreed to buy 30 high-speed trains from Siemens <SIEGn.DE> for around 1 billion euros ($1.13 billion), company sources told Reuters on Monday.
* CEO SAYS WE ARE NOT PLANNING TO CUT ANY JOBS DUE TO CORONAVIRUS CRISIS Source text for Eikon: [https://tinyurl.com/yaxx2zw2] Further company coverage: (Berlin Speed Desk)
German engineering company Siemens <SIEGn.DE> saw the volume of business contract by as much as 20% in the three months to June and activity in 2021 would stay below 2019 levels, the chief financial officer told Boersenzeitung (BoeZ).
Italian tax police arrested 13 people, including executives of the Italian units of Germany's Siemens <SIEGn.DE> and France's Alstom <ALSO.PA>, in an investigation into alleged bribery relating to Milan subway contracts, prosecutors said on Tuesday.
Siemens <SIEGn.DE> and U.S. software developer Salesforce <CRM.N> will work together on products to help companies' employees get back to work while following rules to prevent the spread of the new coronavirus, the firms said on Tuesday.
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