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73 Press releases
Munich, Jun 03, 2014
Siemens no longer intends to sell its baggage handling and parcel and postal sorting activities. The activities are to be further operated as a separate business under the Siemens umbrella. "I've made it clear again and again that we have to get our businesses in order again ourselves.
Munich, May 28, 2014
Effective July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development.
Munich, May 26, 2014
Siemens is strengthening its collaborative efforts with its most innovative suppliers. The "Supplier Innovation Day" on May 26, 2014 in Fürth will see some 200 international researchers, developers and procurement experts from Siemens get together with specially selected suppliers to exchange views and ideas. From a total of 120 preliminary suggestions submitted, 21 suppliers were selected to appear at the event, where they will now present their latest developments.
Mainz, May 15, 2014
Today, Germany's Minister of Economics and Technology, Sigmar Gabriel, together with representatives of power utility Stadtwerke Mainz AG, Siemens AG, The Linde Group and RheinMain University of Applied Sciences, gave the starting signal for the construction of the Energiepark Mainz. From 2015 on the energy storage project, which is receiving financial support from the ministry, could make an important contribution to the success of the energy turnaround in Germany, said Mr Gabriel during the foundation stone ceremony in the state capital of Rhineland-Palatinate.
Munich, May 07, 2014
Siemens and Mitsubishi Heavy Industries (MHI) want to cooperate in the field of metallurgical industry and are forming a globally operating complete provider for plants, products and services for the iron, steel and aluminum industry. Responding to the challenging market environment and high price pressure, two strong partners are bundling their individual strengths and establishing a powerful and globally well positioned joint venture.
"The second quarter showed that we still have a lot to do to improve our operating performance. Nevertheless we are on course to reach our targets for the fiscal year."
Siemens looks back on a mixed performance in the second quarter of fiscal 2014. Profit in the second quarter was considerably higher than in the comparable prior-year period. A strong euro took four percentage points from order development and revenue growth. On a comparable basis, excluding currency translation and portfolio effects, revenue rose one percent year-over-year, and orders declined ten percent. The ratio of new orders to revenue (book-to-bill) was 1.06, and Siemens' order backlog reached a new high at €103 billion. With the publication of the quarterly figures, Siemens confirmed its outlook for fiscal 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
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.
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.