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75 Press releases
Munich, May 07, 2014
In the future, Siemens AG will position itself along the electrification, automation and digitalization. Along these value chains Siemens has identified several growth fields in which it sees its greatest long-term potential. The company is orienting its resource allocation toward these growth fields and has announced concrete measures in this direction.
Munich, May 06, 2014
Siemens is acquiring the Rolls-Royce Energy aero-derivative gas turbine and compressor business and thereby strengthening its position in the growing oil and gas industry as well as in the field of decentralized power generation.
As part of its realignment, Siemens AG has named its future management team. The Supervisory Board of Siemens AG has appointed Lisa Davis – who is currently Executive Vice President Strategy, Portfolio and Alternative Energies at Royal Dutch Shell – to the Managing Board, effective August 1, 2014. Lisa Davis will be responsible on the Managing Board for the Power and Gas Division, the Wind Power and Renewables Division, the Power Generation Services Division, the Region North America and the Region South America.
As part of its realignment, Siemens AG is preparing to publicly list its audiology activities in order to give the business an opportunity to better leverage its potential outside the company. Step by step, Siemens' hearing aid activities have succeeded in capturing a strong market position in recent years.
Munich, Apr 29, 2014
The Managing Board and the Supervisory Board of Siemens decided on Tuesday to make an offer to Alstom. The prerequisite for this offer is, that Alstom agrees to give Siemens access to the company's data room and permission to interview the Management during a period of four weeks, to enable Siemens to carry out a suitable due diligence. A letter in this regard was submitted this afternoon to the French company. No further comments will be made at this time.
Munich, Apr 28, 2014
A Siemens delegation will have the opportunity to meet with the French president and other high-ranking French political leaders today. Following this meeting, Siemens will convene as soon as possible to decide whether to make an offer for Alstom and what this will consist of.
Munich, Apr 27, 2014
Siemens has submitted a letter to the Board of Alstom to signal its willingness to discuss future strategic opportunities. No further comments will be made at this time.
Munich, Apr 25, 2014
As announced in the press release from January 28, 2014, Siemens AG is planning to end the NYSE listing of its American Depositary Shares (ADSs) (ticker symbol "SI"). In addition, Siemens AG intends to terminate its reporting obligations (deregistration) with the U.S. Securities and Exchange Commission (SEC). As previously disclosed, the goal of the delisting and deregistration is to address the change in the behavior of investors. As a consequence, processes of financial reporting can be simplified and their efficiency improved.
Beijing, Apr 20, 2014
Siemens AG, a global player in the field of electric drivetrains and Beijing Automotive Industry Holding Co., Ltd. (BAIC), one of the major Chinese carmakers, will join efforts to bring further green automotive drive-technologies to the China market. The two companies signed a joint venture at the 2014 Beijing International Automotive Exhibition and outlined their plan to utilize Siemens' electric drive train components in a range of BAIC vehicles.
Berlin, Apr 02, 2014
Jochen Eickholt, CEO of Siemens' Rail Systems Division, handed over the eighth and last of the new ICE 3 trains of the first consignment to Rüdiger Grube, Chairman and CEO of Deutsche Bahn AG, in Berlin on Wednesday. The handover took place in the presence of Germany's Transport Minister, Alexander Dobrindt.