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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

103.42EUR
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€-0.60 (-0.58%)
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€104.02
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€104.26
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€103.00
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€121.70
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€90.85

Latest Key Developments (Source: Significant Developments)

Reg-Alstom SA Rmv's Subsidiary Fahma Orders The World's Largest Fleet Of Fuel Cell Trains From Alstom
Tuesday, 21 May 2019 

Alstom ::REG-ALSTOM SA: RMV'S SUBSIDIARY FAHMA ORDERS THE WORLD'S LARGEST FLEET OF FUEL CELL TRAINS FROM ALSTOM.'S SHARE AMOUNTS TO EUR 360 MILLION.A CONTRACT WORTH AROUND EUR 500 MILLION.VEHICLES WILL REPLACE DIESEL TRAINSETS ON FOUR REGIONAL TRAIN LINES IN TAUNUS REGION FROM 2022.WILL DELIVER VEHICLES OF TYPE CORADIA ILINT BY TIMETABLE CHANGE IN 2022.  Full Article

Alstom's Aptis Selected In Context Of Europe's Largest Tender For Electric Buses
Monday, 20 May 2019 

May 20 (Reuters) - ALSTOM ::ALSTOM'S APTIS IS SELECTED IN CONTEXT OF EUROPE'S LARGEST TENDER FOR ELECTRIC BUSES.PLAN WILL ENABLE SERIAL PRODUCTION FROM Q3 OF 2019.AMOUNT OF FRAMEWORK CONTRACT COULD REACH 133 MILLION EUROS.  Full Article

Siemens targets 1.4 billion in cost cuts by 2021
Tuesday, 7 May 2019 

May 7 (Reuters) - Siemens AG says::SMART INFRASTRUCTURE UNIT TARGETING SALES GROWTH OF 4-5 PERCENT ANNUALLY AND EBITA MARGIN OF 13-15 PERCENT BY 2023.DIGITAL INDUSTRIES UNIT TO GROW 25 PERCENT FASTER THAN MARKET, SEEKS EBITA MARGIN OF 17-23 PERCENT OVER THE CYCLE.TO SHED 12,500 JOBS INCLUDING GAS&POWER UNIT, BUT NET CREATION OF JOBS.TARGETS 1.4 BILLION IN COST CUTS BY 2021.  Full Article

Wood Group Awarded Construction Contract From Siemens
Thursday, 14 Mar 2019 

March 14 (Reuters) - John Wood Group PLC ::WOOD AWARDED CONSTRUCTION CONTRACT FROM SIEMENS.SECURED CONTRACT FROM SIEMENS TO INSTALL NEW SIEMENS HL-CLASS GAS TURBINE AT POWER GENERATING STATION IN NORTH CAROLINA.  Full Article

Siemens Closes Acquisition Of Russelectric
Monday, 4 Mar 2019 

March 4 (Reuters) - Siemens AG ::SIEMENS CLOSES ACQUISITION OF MASSACHUSETTS-BASED ELECTRIC INFRASTRUCTURE MANUFACTURER RUSSELECTRIC.  Full Article

Alstom To Provide Electrification For Phase II Of Bangalore Metro
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Alstom ::AWARDED CONTRACT BY BMRCL TO PROVIDE POWER SUPPLY & TRACTION ELECTRIFICATION FOR 33-KILOMETRE EXTENSION TO BANGALORE METRO UNDER PHASE II.SAYS CONTRACT IS WORTH AROUND 71 MILLION EUROS.EXECUTION OF PROJECT WILL BE COMPLETED IN FIVE PHASES WITH COMMISSIONING OF THE FIRST 6.5-KILOMETRE STRETCH EXPECTED BY THE END OF 2019.  Full Article

Eviation Aircraft Says Partners With Siemens In Joint Development Of Electric Propulsion Systems
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Eviation Aircraft Ltd::EVIATION AIRCRAFT SAYS PARTNERS WITH SIEMENS IN JOINT DEVELOPMENT OF ELECTRIC PROPULSION SYSTEMS FOR EVIATION'S ALL-ELECTRIC ALICE.EVIATION SAYS TAPS SIEMENS FOR NINE-PASSENGER ALICE AIRCRAFT FLEETS.  Full Article

Novatek: Arctic LNG 2 And Siemens Sign Equipment Supply Contract
Friday, 1 Feb 2019 

Feb 1 (Reuters) - NOVATEK ::ARCTIC LNG 2 AND SIEMENS SIGN EQUIPMENT SUPPLY CONTRACT.SCOPE OF SUPPLY UNDER THE CONTRACT INCLUDES THREE FEED GAS COMPRESSORS AND SIX BOIL-OFF GAS COMPRESSORS.DOCUMENT ALSO PROVIDES FOR LOCALIZING THE EQUIPMENT FABRICATION FOR THE PROJECT’S THIRD TRAIN IN RUSSIA..  Full Article

Siemens Awarded 200 Mln Euros Power And Water Project In Oman
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - SIEMENS AG ::AWARDED ITS BIGGEST ORDER IN OMAN TO DEVELOP LARGE POWER AND WATER PROJECT.SAYS SIEMENS RECEIVES ORDER TO SUPPLY DUQM INTEGRATED POWER AND WATER PROJECT (DIPWP) WITH GAS AND STEAM TURBINES, LONG-TERM POWER GENERATION SERVICES AND DIGITAL SOLUTIONS.SAYS THE TOTAL ORDER VOLUME OF THE CONTRACT IS IN THE RANGE OF 200 MILLION EUROS.CONTRACT SPANNING A PERIOD OF 25 YEARS.  Full Article

Siemens Wins U.S. Gas Turbine Order
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Siemens AG ::SECURES ORDER FOR HL-CLASS GAS TURBINE IN THE U.S..HAS SECURED AN ORDER IN THE U.S. FOR THE RE-POWERING OF COOPERATIVE ENERGY’S R.D. MORROW, SR. GENERATING STATION FACILITY IN PURVIS, MISSISSIPPI.  Full Article

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GE poised for significant power orders in Iraq after U.S. push - sources

NEW YORK/BAGHDAD/WASHINGTON General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq's electricity system, reflecting a change in how Iraq intends to award the work after the United States lobbied for GE, according to sources familiar with the matter.