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47 Press releases
Munich, May 04, 2016
"We delivered another convincing performance in the second quarter, compared to both the prior year and our industry sector. Despite ongoing challenges in the market environment, we will continue to focus rigorously on profitable growth," said Joe Kaeser, President and Chief Executive Officer of Siemens AG.
Munich, May 03, 2016
Jan Mrosik (51), currently CEO of the Energy Management Division, has been appointed CEO of the Digital Factory Division, effective June 1, 2016. Anton Huber (65), Digital Factory's current CEO, is retiring on October 1, 2016. He will continue to serve the company in a consulting capacity until that date. Ralf Christian (52) will be the sole CEO of the Energy Management Division, effective June 1, 2016. Christian is currently the Division's co-CEO with Mrosik.
Munich, Apr 18, 2016
Siemens and Valeo have signed an agreement to form a joint venture in high voltage powertrains. With this move the companies create a global leader of innovative and affordable high-voltage components and systems for the entire range of electric vehicles including hybrids, plug-in hybrids and full electric vehicles. Building upon their complementary scope and portfolio, the joint venture will provide substantial synergies in manufacturing and sourcing and create a base for sustained growth and profitability.
Munich, Apr 07, 2016
Airbus Group (stock exchange symbol: AIR) and Siemens (stock exchange symbol: SIE) have signed a collaboration agreement in the field of hybrid electric propulsion. In doing so, the Chief Executive Officers (CEO) of both companies, Tom Enders and Joe Kaeser, have launched a major joint project towards the electrification of aviation with the goal of demonstrating the technical feasibility of various hybrid/electric propulsion systems by 2020. Both companies will be making significant contributions into the project and have sourced a team of around 200 employees to advance European leadership in innovation and the development of electrically powered aircraft.
Erlangen, Mar 24, 2016
Siemens has signed a Memorandum of Understanding (MoU) with the Federal Government of the Republic of Iraq to strengthen the collaboration with the Ministry of Energy as well as Ministry of Oil & Gas for modernizing the energy infrastructure and the Oil & Gas sector. In the presence of the Prime Minister of Iraq, Mr. Haider al Abadi, the Memorandum of Understanding was signed by Qassim al-Fahdawi, Minister of Electricity, and Siegfried Russwurm, Member of the Managing Board of Siemens AG, in Baghdad today.
Munich, Mar 09, 2016
Now that its realignment is complete, Siemens is driving its transformation into a digital industrial company and setting the course for innovation and further growth. As a result of the previously announced increase of more than €1 billion in investment in research and development, productivity and global sales, Siemens will keep the number of new hires at a continuously high level in the years ahead. In particular, the company expects to hire at least 25,000 new employees worldwide in each of the coming years – around 3,000 of them in Germany.
Munich, Mar 03, 2016
More and more Siemens employees are investing in their company. Of 348,000 active employees worldwide, about 153,000 – or roughly 44 percent of Siemens' total workforce – currently own company shares. This is a six percent increase over last year's figure of 144,000 employee shareholders. This year, globally, more than 120,000 employees – or about 38 percent of all eligible employees – took part in the centerpiece, the Siemens' Share Matching Program.
Berlin, Mar 02, 2016
Siemens has signed far-reaching agreements with the Iranian MAPNA Group to strengthen their cooperation in order to modernize the energy infrastructure in Iran. First, under a license agreement, MAPNA will acquire technological knowhow to manufacture Siemens F-class gas turbines in Iran. The parties will cooperate to deliver more than 20 gas turbines and associated generators over the next decade.
Then, as a first project under the license agreement, both companies signed a contract for the Bandar Abbas power plant for which Siemens will deliver two F class gas turbines and generators. The first unit will be shipped to Iran shortly.
Munich, Feb 02, 2016
Today, Siemens has started the share buyback announced on November 12, 2015 and plans to buy back shares in an amount of up to €3 billion euro until November 15, 2018 at the latest. In addition, 31 million treasury shares will be retired. This will reduce the capital stock of 881 million to 850 million shares. "With this new share buyback we ensure that our shareholders, in addition to our attractive dividend, will participate continuously in the success of the company," says CFO Ralf P. Thomas.
Munich, Feb 01, 2016
A change is ahead in the management of the global communications at Siemens. The current head of Communications and Government Affairs, Stephan Heimbach, will be stepping down from this function as of March 1, 2016. He will remain available to the CEO of Siemens AG, Joe Kaeser, in an advisory capacity on a transitional basis.