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Salzgitter Awards Contract To Siemens Gas And Power
Siemens To Retrofit One Of The Largest Substations In Germany
Alstom Announces Contract To Deliver 19 Electric Trains For About 120 Million Euros
Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services. The Company's product groups include automation, building technologies, drive technology, healthcare, mobility, energy, financing, consumer products and services. Its services include industry services, energy services, healthcare services, rail and road solutions services, logistics and airport solutions services, home appliances services, and building technologies services. Its market-specific solutions are focused on markets, such as aerospace, automotive, data centers, fiber industry, food and beverage, and machinery and plant construction.
Misc. Capital Goods
Jim Hagemann Snabe
Independent Chairman of the Supervisory Board
Chairman of the Management Board, President, Chief Executive Officer
Deputy Chief Executive Officer, Member of the Management Board
Independent First Deputy Chairwoman of the Supervisory Board, Employee Representative
Independent Second Deputy Chairman of the Supervisory Board
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Siemens <SIEGn.DE> Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk.
Siemens <SIEGn.DE> Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his own deputy praised Tesla's CEO Elon Musk.
Siemens <SIEGn.DE> sounded a cautious note about the global economy over the next 12 months after booming industrial software sales helped the German engineering company beat forecasts during its fourth quarter.
* SIEMENS CEO SAYS THERE IS NO REASON TO SPECULATE ON IPO OR PUBLIC LISTING OF MOBILITY BUSINESS
Siemens' <SIEGn.DE> carve-out and listing of its 27 billion euro ($29.90 billion) energy business is on track to be completed next year, said Michael Sen, the designated chief executive of the new operation.
Siemens' carve-out and listing of its 27 billion euro ($29.90 billion) energy business is on track to be completed next year, said Michael Sen, the designated chief executive of the new operation.
* SIEMENS CEO SAYS EXPECTS RERATING OF STOCK AFTER CONGLOMERATE DISCOUNT IS REMOVED - BLOOMBERG TV
* SIEMENS CEO TELLS CNBC EXPECTS DECLINE IN SHORT CYCLE BUSINESS IN FIRST HALF OF FY 2020, RECOVERY IN H2
Siemens expects a weakening in the global economy over the next 12 months, the German industrial company said on Thursday, adding it expected a decline in the market for its short-cycle products for the automotive and machinery industries.
Germany's Siemens expects revenue from its oil and gas division in Brazil in 2020 to double compared to 2018 levels, an executive said on Thursday, citing upcoming oil auctions that could total around $26 billion.
* SWISS RAIL FREIGHT COMPANY BLS CARGO ORDERED 25 VECTRON MS LOCOMOTIVES FROM SIEMENS MOBILITY FOR PLANNED OPERATION ON NORTH-SOUTH CORRIDOR
Germany-based technology company Siemens <SIEGn.DE> will invest 500 million euros in energy technology and transmission and transportation infrastructure in Colombia, President Ivan Duque and the company said on Friday.
Some Siemens supervisory board members want to extend the mandate of their current chairman to block Chief Executive Joe Kaeser from assuming the position after his contract expires in 2021, Germany's Der Spiegel reported on Friday.
Siemens promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.
Siemens <SIEGn.DE> promoted Chief Operating Officer Roland Busch to become deputy chief executive, it said on Wednesday, putting the 54-year-old in pole position to eventually replace Joe Kaeser as head of the German engineering group.
Siemens <SIEGn.DE> and Orascom Construction <OC.DI> signed an agreement on Saturday with the Iraqi government to rebuild two power plants in the north of the country that will have a combined capacity of 1.6 gigawatts.
Siemens board member Michael Sen is the favourite to lead the new standalone energy business which the German engineering group is planning to spin off, sources have told Reuters.
Siemens <SIEGn.DE> plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.
Russian conglomerate Rostec has sold its stake in a sanctioned technology company that was embroiled in a scandal over the installation in annexed Crimea of turbines made by Germany's Siemens <SIEGn.DE>, Rostec told Reuters on Thursday.
Siemens <SIEGn.DE> said on Thursday deteriorating demand from automotive and machine building firms hit its third-quarter profit, becoming the latest industrial company to warn about a weaker environment hitting its business.
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