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62 Press releases
Munich, Dec 06, 2013
Siemens AG – with its 362,000 employees worldwide and 1,600 employees in South Africa – joins with the people of South Africa in mourning the passing of Nelson Mandela. "With the death of Nelson Mandela, we bid farewell to a man who is admired and honored all around the world for the battle for freedom that he waged unflinchingly and with total personal commitment. His unconquerable will, his charisma and his lifetime of achievement will remain for us a model and an inspiration," said Siemens President and CEO Joe Kaeser.
Munich, Dec 05, 2013
The number of Siemens patents has risen to a record level. In fiscal 2013, the number of patents granted in continuing operations increased by five percent year-over-year to 60,000. Twelve Siemens researchers and developers, who together account for around 600 invention disclosures and 500 granted individual patents, played a leading role here.
Munich, Nov 27, 2013
Peter Solmssen will resign from the Managing Board of Siemens AG by mutual agreement, effective December 31, 2013. A member of the Managing Board since October 2007, Solmssen has served as General Counsel and head of the Legal and Compliance Department. In the future, the Managing Board area Legal and Compliance will be assigned to President and CEO Joe Kaeser. Andreas Christian Hoffmann will be the new General Counsel and head of the Legal and Compliance Department. He will report directly to the President and CEO.
For the first time, Siemens' Annual Report 2013 is a combination of the company's previously separate Annual and Sustainability Reports. This report now shows Siemens' full spectrum of topics – from the company's strategic direction and business development in the Sectors to the most important sustainability aspects such as research and development, energy-efficient technologies, environmental protection and suppliers.
Munich, Nov 20, 2013
At the General Meeting of Works Councils in Berlin on November 20, the Chairman of the Central Works Council of Siemens AG, Lothar Adler, announced that he will leave the company at the end of May 2014, upon reaching mandatory retirement age. His term of office as a member of the Supervisory Board will end on the same date. Adler is thus no longer willing to extend his employment contract, as he had contemplated earlier.
Munich, Nov 12, 2013
Russian President Vladimir Putin visited the production plant of Ural Locomotives yesterday as the company – a joint venture of the Sinara Group and Siemens AG – began the mass production of the new regional trains which go by the name of Lastochka in Russia. Putin was accompanied by Denis Manturov, Minister of Industry and Trade of the Russian Federation, Vladimir Yakunin, President of JSC Russian Railways, Dmitry Pumpyansky, Chairman of the Board of Directors of the Sinara Group, and Joe Kaeser, President and CEO of Siemens AG.
Berlin, Nov 07, 2013
"With a solid fourth quarter, we completed an eventful year in fiscal 2013. Now we're looking ahead and concentrating on measures aimed at improving our profitability, which we are implementing rigorously and prudently. With realignment of the regions, we've made the first strategic moves."
Siemens AG met its previously adjusted targets for the fiscal year ended on September 30, 2013, thanks to a solid fourth quarter. Income from continuing operations was €4.2 billion, compared with €4.6 billion in the previous year. Total Sectors Profit included €1.3 billion (before taxes) related to the Siemens 2014 efficiency program.
Siemens AG plans to carry out a share buyback of up to €4 billion in volume within the next up to 24 months. "We want to let our owners continually share in the company's success. To this end, we have defined a corridor for the company's capital structure in the framework of our 'One Siemens' financial system. We have committed to the shareholders and are holding to this commitment," said Ralf Thomas, Chief Financial Officer of Siemens AG.
Munich, Nov 06, 2013
Siemens is selling parts of its water business to funds managed by AEA Investors LP and – as previously announced – focusing its water-related activities on automation and drive solutions for the operation of water and sewage treatment plants and seawater desalination plants.