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Munich, May 17, 2013
Effective as of the public listing of Osram Licht AG, Siemens will appoint new members to the Supervisory Board of the lighting company. The future Supervisory Board will include Peter Bauer, CEO of Infineon Technologies AG until September 2012, and Joachim Faber, former member of the Board of Management of Allianz SE and Chairman of the Supervisory Board of Deutsche Börse AG since 2012. Siegfried Russwurm, member of the Managing Board of Siemens AG, will retain his position as Chairman of the Supervisory Board of Osram for an interim period.
Munich, May 02, 2013
Munich, May 02, 2013
Siemens' results for the second quarter of fiscal 2013 present a mixed picture. New orders, free cash flow and earnings per share showed substantial improvement. Revenue and Total Sectors profit declined, primarily due to a still difficult market environment. Total Sectors profit was also impacted again by burdens at the company's high-speed trains business and from offshore grid connection projects in the North Sea.
Munich, Apr 24, 2013
In its Sustainability Report for fiscal 2012 just published today, Siemens draws a positive conclusion: "We've succeeded in fully achieving our sustainability goals. We've increased our green revenue to €33 billion while setting an example of sustainability and winning some 1,000 suppliers to date for our energy efficiency program. For the first time in our history, we've also been named the world's most sustainable industrial company in the prestigious Dow Jones Sustainability Index 2012 – capturing, as Super Sector Leader, the top position across nine industry sectors," said Barbara Kux, member of the Managing Board and Chief Sustainability Officer of Siemens AG.
New York, Apr 19, 2013
New York, Apr 18, 2013
Damages caused by extreme weather phenomena are increasing around the globe. In 2012, the costs of such damages totaled approximately US$160 billion worldwide. With dense populations, cities are particularly vulnerable to natural hazards. For example, Superstorm Sandy alone was responsible for damages of some US$50 billion, mostly in the New York Metropolitan area.
Munich, Mar 20, 2013
Siemens is making use of the positive development of the Atos share price and selling the €250-million convertible bonds it acquired pursuant to contribution of its IT services business (SIS) to Atos in July 2011. The proceeds will depend on the price fixing of the bonds, which will be determined today during the day. Yesterday, the Atos share closed on the Paris stock exchange at €56.75. On the basis of the closing share price, the sale of the convertible bonds would result in proceeds of around €300 million.
Munich, Mar 15, 2013
An action has been brought against the resolution of the Annual Shareholders' Meeting authorizing the spinoff and acquisition agreement between Siemens AG and Osram Licht AG. Siemens considers the action to be without merit and will rigorously drive the planned spinoff and public listing of Osram Licht AG. "By an overwhelming majority of over 98 percent, Siemens' shareholders gave us a clear mandate at the Annual Shareholders' Meeting at the end of January: to list Osram on the stock exchange via a spinoff. In the interest of our shareholders, we will carry out this mandate diligently and reliably," said Joe Kaeser, CFO of Siemens AG.
Munich, Germany, Feb 01, 2013
Effective February 1, 2013, Siemens will complete the worldwide restructuring under company law of the telecommunications and multimedia business operated by the unit Siemens Communication, Media and Technology (CMT). As part of this restructuring, CMT has been converted into a new subcompany controlled by Siemens Convergence Creators Holding GmbH, a wholly owned Siemens subsidiary headquartered in Vienna, Austria. Under its new name Siemens Convergence Creators, CMT will be able to intensify its customer orientation and increase its effectiveness on the global market. Siemens is continuing to concentrate its activities on its core business. Siemens Convergence Creators employees around 2,000 people in nine countries worldwide.
Munich, Germany, Jan 23, 2013
At the Annual Shareholders' Meeting of Siemens AG on Wednesday, ten shareholder representatives were elected to the company's Supervisory Board. Their election had been proposed in the previously published agenda. At the Supervisory Board meeting held immediately following the Annual Shareholders' Meeting, Gerhard Cromme was reelected Chairman of the Supervisory Board.