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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

100.20EUR
14 Dec 2018
Change (% chg)

€-0.24 (-0.24%)
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€100.44
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€99.35
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€100.60
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€99.12
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2,060,694
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€125.70
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€96.51

Latest Key Developments (Source: Significant Developments)

Siemens Expands Technology Partnership With Autoparkit
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Siemens AG ::SIEMENS EXPANDS TECHNOLOGY PARTNERSHIP WITH AUTOPARKIT TO ACCELERATE GROWTH.  Full Article

Siemens Wins Order With Via Rail For New Fleet Of Passenger Trains
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - SIEMENS CANADA::SIEMENS CANADA SECURES MAJOR ORDER WITH VIA RAIL CANADA FOR NEW FLEET OF PASSENGER TRAINS.VIA RAIL AND SIEMENS HAVE ENTERED INTO A 15-YEAR TECHNICAL SERVICES AND SPARE PARTS SUPPLY AGREEMENT OF $23.7 MILLION CAD PER YEAR.SIEMENS AIMS TO PROVIDE CANADIAN CONTENT OF MORE THAN 20% IN SUPPLIES AND SERVICES.DELIVERY OF TRAINSETS FOR TESTING WILL BEGIN IN 2021 WITH PASSENGER SERVICE EXPECTED TO BEGIN IN 2022.  Full Article

Via Rail says Siemens Awarded C$989 Mln Trainsets Contract
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - VIA RAIL CANADA::SIEMENS CANADA WAS AWARDED A $989 MILLION CONTRACT TO BUILD 32 TRAINSETS.TRAINSETS TO BE BUILT BY SIEMENS CANADA WILL REPLACE VIA RAIL’S FLEET THAT OPERATES IN QUEBEC CITY-WINDSOR CORRIDOR.AWARD VALUE IS IN C$.  Full Article

Siemens Acquires Comsa To Extend Lead In Automotive Electrical Systems Design
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Siemens AG ::SIEMENS ACQUIRES COMSA TO FURTHER EXTEND LEAD IN AUTOMOTIVE ELECTRICAL SYSTEMS DESIGN.COMSA'S LDORADO SOFTWARE STRENGTHENS SIEMENS' GLOBAL AUTOMOTIVE LEAD WITH ADDITION OF KEY CAPABILITIES IN WIRE HARNESS ENGINEERING AND DESIGN DATA ANALYTICS.COMSA TO JOIN MENTOR BUSINESS TO COMPLEMENT SIEMENS' CAPITAL PORTFOLIO WITH COMPREHENSIVE SOFTWARE SOLUTIONS BACKED BY DEEP TECHNICAL EXPERTISE.STRENGTHENS SIEMENS' EXPERTISE IN KEY ELECTRICAL AND HARNESS STANDARDS BEING DEVELOPED BY LEADING EUROPEAN OEMS AND SUPPLIERS.TRANSACTION CLOSED ON DEC 3, 2018.TERMS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

Siemens, Aker Solutions to boost digital offerings
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Aker Solutions Asa ::SIEMENS AND AKER SOLUTIONS TO STRENGTHEN DIGITAL OFFERINGS THROUGH STRATEGIC COLLABORATION.SIEMENS AND AKER SOLUTIONS HAVE SIGNED A STRATEGIC COLLABORATION AGREEMENT TO FURTHER DEVELOP DIGITAL OFFERINGS IN ENGINEERING, OPERATIONS AND SERVICES.COLLABORATION FOCUSES ON CREATION OF SOFTWARE APPLICATIONS AND JOINT SERVICE OFFERINGS INCLUDING DEVELOPMENT OF INDUSTRIAL DIGITAL TWINS THAT WILL DRIVE EFFICIENCY THROUGHOUT ENTIRE PLANT LIFECYCLE.  Full Article

Siemens And ST Engineering Win Order For Power Plant In Dominican Republic
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Siemens AG ::SIEMENS AND ST ENGINEERING SECURE MAJOR ORDER FOR FLOATING POWER PLANT IN DOMINICAN REPUBLIC.INNOVATIVE HYBRID POWER PLANT SOLUTION WITH INTEGRATED BATTERY ENERGY STORAGE.UNDER A TURNKEY PLUG AND PLAY CONCEPT, SIEMENS AS TEAM LEADER WILL PROVIDE A GASFIRED COMBINED CYCLE POWER PLANT WITH A CAPACITY OF 145 MEGAWATTS.  Full Article

Siemens Wins £1.5 Bln Order For 94 London Tube Trains
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Siemens AG ::SIEMENS MOBILITY SECURES MAJOR ORDER TO MANUFACTURE A NEW GENERATION OF TUBE TRAINS IN LONDON.94 METRO TRAINS FOR LONDON BASED ON THE INSPIRO PLATFORM.94 NEW GENERATION TUBE TRAINS WORTH AROUND 1.5 BILLION GBP (1.54 BILLION EURO) TO REPLACE THE EXISTING 1970S FLEET.  Full Article

Siemens relaxed about EU inquiry into rail merger
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Siemens AG ::SIEMENS CEO SAYS COMPANY IS READY TO MAKE CONCESSIONS IN RAIL MERGER WITH ALSTOM, PREPARED TO SELL BUSINESSES IN CERTAIN REGIONS TO GET APPROVAL.SIEMENS CEO SAYS IS RELAXED ABOUT EU EXAMINATION OF RAIL MERGER WITH ALSTOM; BECAUSE WE HAVE OTHER OPTIONS.  Full Article

Siemens Expects Power And Gas Profit Margin In Low To Mid Single Digit Range Next Year
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Siemens AG ::SIEMENS CEO SAYS WE ASSUME THAT GROWTH IN DIGITAL FACTORY WILL REMAIN STRONG IN YEARS AHEAD.SIEMENS CFO SAYS COMPANY HAS LAUNCHED MEASURES TO CUT COSTS AT POWER AND GAS DIVISION BY 500 MILLION EUROS.SIEMENS CFO SAYS EXPECTS POWER AND GAS PROFIT MARGIN, EXCLUDING SEVERANCE, IN LOW TO MID SINGLE DIGIT RANGE NEXT YEAR.SIEMENS CFO EXPECTS SHORT CYCLE BUSINESS IN DIGITAL FACTORY TO GET OFF TO SOLID START IN NEW FISCAL YEAR.SIEMENS CFO EXPECTS SEVERANCE CHARGES OF 300 TO 400 MILLION EURO IN 2019, WHICH IS NORMAL LEVEL.  Full Article

Siemens Says Confident That Can Conclude Planned Rail Merger With Alstom In 2019
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Siemens ::SAYS ON PLANNED RAIL MERGER WITH ALSTOM - WE ARE STILL CONFIDENT TO BE ABLE TO CONCLUDE THIS TRANSACTION IN THE FIRST HALF OF 2019.  Full Article

EU mergers and takeovers (Dec 14)

BRUSSELS, Dec 14 The following are mergers under review by the European Commission and a brief guide to the EU merger process: