Skip to Content
Skip over Site Identifier
Siemens Global Website
Skip over Generic Navigation
Skip over Language Selection
Skip over Search
61 Press releases
Munich, Feb 28, 2014
Michael Sigmund (56) was appointed, at the request of the Managing Board of Siemens AG, to the Supervisory Board by the District Court of Charlottenburg (Berlin) as the new representative of the Executive Employees. The appointment takes effect on March 1, 2014. Michael Sigmund succeeds Rainer Sieg (65), whose employment with Siemens will be terminated on February 28, 2014 upon his reaching retirement age and he accordingly stepped down from the Supervisory Board.
Milton Keynes, Feb 21, 2014
For record speeds both on and off the track, Infiniti Red Bull Racing is relying on Siemens software once again this season. At the team's factory in Milton Keynes, UK, over 100 engineers are using Siemens software to redevelop the world champion racecar for Sebastian Vettel and Daniel Ricciardo. New rules issued for the 2014 Formula One season by the FIA, motorsport's global governing body, mandate wide-ranging changes in the car's design. Siemens' product lifecycle management (PLM) software is helping ensure their rapid implementation.
Munich, Feb 19, 2014
More and more Siemens employees are also owners of their company and participating in employee share programs. Under its so-called Share Matching Plan and Base Share Plan, the company transferred to employees this year some 440,000 Siemens shares, with a value of around €41 million. This was an increase of more than 25 percent over last year, when the volume was 350,000 shares.
Munich, Feb 18, 2014
Andreas Busemann, Head of Production at DB Bahn Long Distance, and Jürgen Wilder, CEO of the High Speed and Commuter Rail Business Unit of Siemens AG, presented the new ICE 3 of Deutsche Bahn (DB) today on a press tour.
Munich, Feb 12, 2014
The state of Bavaria and the city of Erlangen have pledged their support for the planning and construction of the new Siemens Campus Erlangen. After a study initiated some months ago by Siemens confirmed the feasibility of the €500-million project, Bavarian Prime Minister Horst Seehofer, Erlangen's mayor Siegfried Balleis, Siemens President and CEO Joe Kaeser and Siemens Chief Financial Officer Ralf P. Thomas signed declarations of intent relating to the project at a ceremony held in Munich's Prinz-Carl-Palais.
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.