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62 Press releases
Munich, Feb 06, 2014
In a commemorative ceremony held at Philadelphia's 30th Street rail station, U.S. Vice President Joe Biden and U.S. Transportation Secretary Anthony Foxx joined Siemens and Amtrak executives to debut the first Siemens-built electric locomotive for Amtrak, the nation's intercity passenger rail service and high-speed rail operator. The advanced technology locomotive will enter passenger service on Friday, February 7th.
Munich, Jan 28, 2014
The shareholders of Siemens AG voted at the company's Annual Shareholders' Meeting in Munich to approve the acts of the Managing and Supervisory Boards in fiscal 2013. As proposed by the Managing and Supervisory Boards, the shareholders also approved a dividend of €3.00 per share for fiscal 2013. In addition, the Annual Shareholders' Meeting approved the new compensation system for Managing Board members and elected Jim Hagemann Snabe to the company's Supervisory Board.
The Annual Shareholders' Meeting of Siemens AG attracted thousands of shareholders and employees again in 2014. Despite wintry conditions, some 7,700 shareholders were present in Munich's Olympiahalle by noon on Tuesday. About 8,100 attended the event last year. A total of around 44.96 percent of Siemens' voting capital was represented at this year's Annual Shareholders' Meeting. More than 18,700 shareholders had ordered tickets for the event, and around 80,000 exercised their voting rights by proxy or absentee ballot. Most opted for transferring their voting rights online.
"We delivered a sound quarter to start our fiscal year. As expected, market conditions were not in our favor. We continue to focus on our productivity program for the year, and on the actions we will take beyond 2014."
Siemens delivered a sound quarter to start its fiscal year 2014. Supported by several major orders, new orders rose 12 percent year-over-year, while revenue development was nearly stable. "We delivered a sound quarter to start our fiscal year. As expected, market conditions were not in our favor. We continue to focus on our productivity program for the year, and on the actions we will take beyond 2014," said Siemens President and CEO Joe Kaeser.
Siemens AG is planning to delist its American Depositary Receipts (ADR) from the New York Stock Exchange (NYSE). In addition Siemens intends to terminate its reporting obligations (deregistration) to the American Securities and Exchange Commission (SEC). The Managing Board has made this decision in its meeting on January 27th, 2014.
Munich / New York, Jan 21, 2014
Siemens and the C40 Cities Climate Leadership Group (C40) today launched the second annual cycle of the prestigious City Climate Leadership Awards, opening up the application process for global cities demonstrating excellence in urban sustainability. The focus of the 2014 competition is on recognizing innovative and environmentally impactful city projects as well as "hidden champions" – high-performing urban projects achieved in spite of financial constraints or difficult economic environments.
Munich, Dec 23, 2013
The new ICE trainsets from Siemens for Deutsche Bahn (DB) have been approved for immediate deployment in Germany. The German Federal Railway Authority (EBA) approved the trains' operation – also in multiple-unit or so-called double-traction mode – on DB's rail network. Two trains were delivered in November for test purposes. Siemens has now supplied DB with two more ICE trains of the Velaro D type for deployment in Germany, with four additional trains to follow in the spring of 2014.
Munich, Dec 17, 2013
Klaus Moosmayer has been named to head Siemens' entire compliance organization as Chief Compliance Officer, effective January 1, 2014. Since 2007, Moosmayer has played a key role in building up Siemens' new, globally recognized compliance system. Since 2010, he has been responsible for all legal and regulatory-related compliance duties at Siemens. Klaus Moosmayer is considered nationally and internationally to be a leading compliance expert. At the beginning of November 2013, he was appointed by the OECD's Business and Industry Advisory Committee to serve as the new honorary head of its anti-corruption taskforce.
Munich, Dec 07, 2013
On behalf of the Managing Board of Siemens AG, the company and its employees, Joe Kaeser, Siemens' President and CEO, presented €1 million to Germany's 'Ein Herz für Kinder' charity for children at a benefit gala in Berlin. The donation is primarily intended to support the charitable organization's efforts to give socially disadvantaged children access to better education and healthcare.