Search Results

• Comprehensive turnkey contract for Orange Line to deliver 32 new trains and provide full-scale services from design to integration of mechanical and electrical systems, and maintenance services
• Delivery of 21 new trains for Bangkok’s Blue Line including signaling upgrade to enhance headway, and maintenance services
• Siemens Mobility to provide advanced signaling and telecommunications systems for enhancing intercity connectivity for Northern Thailand’s railway

• Mireo Plus H hydrogen trains have received authorization in time for their introduction into passenger service in Bavaria and Berlin-Brandenburg
• 31 Mireo Plus B battery trains will successively enter service on the East Brandenburg rail network
• Danube-Isar network receives 25 Desiro HC and six Mireo trains
• New Mireo trains for the Regensburg-Danube Valley network 

Siemens Mobility announced today that the first Mireo Plus H hydrogen trains have received authorization for passenger operation in time for the scheduled timetable change on December 15, 2024, and are ready to inaugurate passenger service. Their approval marks another significant milestone for emission-free mobility in the Berlin-Brandenburg and Bavarian regions, where hydrogen-powered trains will be used for the first time.

• Commits to new mid-term targets: 6-9 percent comparable revenue growth and 16-20 percent target profit margin range over the cycle
• Exceeds mid-term targets announced at 2021 Capital Market Day, with 9 percent revenue growth, 17.3 percent profitability in fiscal 2024
• More than doubles digital business revenue to €1.7 billion, exceeding 2021 commitment ahead of time
• Continues to drive innovation in key markets of Buildings, Electrification, Electrical Products

Siemens Smart Infrastructure (SI) held its Capital Market Event today showcasing outstanding financial performance and value creation. SI announced upgraded mid-term targets to achieve 6-9 percent comparable revenue growth and a target profit margin range of 16-20 percent over a 3-5-year cycle. It will continue to focus on delivering strong profitable growth, margin expansion and cash generation, with emphasis on value creation in key geographies and innovation across its portfolio and end markets. The business, which combines the real and the digital worlds for sustainable infrastructure, announced it had outperformed the market, including outgrowing its direct competitors, and exceeded the commitments made during Siemens Capital Market Day in June 2021. 

Siemens Digital Industries Software is celebrating the 20th anniversary of its collaboration with Oracle Red Bull Racing, representing one of the longest standing technical partnerships in Formula 1™ today.

• Integration of the SuperTrak Horizon3™ smart platform into Siemens’ TIA Portal, part of the Siemens Xcelerator portfolio
• Collaboration enables cost-effective, high-performance automation solutions
• Advantages include reduced engineering effort, improved quality, and higher performance for packaging machine manufacturers

Siemens, a leading technology company, and SuperTrak CONVEYANCE™, a market leader in linear motion conveyance, announced a new strategic collaboration to maximize product range and machine throughput and shorten cycle time for machine building and manufacturing customers.

• Annual Shareholders’ Meeting to be held in virtual format on February 13, 2025
• Mark Schneider, former CEO of Nestlé S.A. and Fresenius SE and Co. KGaA, nominated for election to the Supervisory Board of Siemens AG for a four-year term
• Jim Hagemann Snabe, Chairman, nominated for two-year extension
• Werner Brandt, Second Deputy Chairman, nominated for an early extension until the end of the Annual Shareholders’ Meeting 2029
• Reelection of two other members proposed: Kasper Rørsted and Grazia Vittadini are nominated for four-year extensions
• Martina Merz to leave Supervisory Board to assume another supervisory board role
• Supervisory Board and Managing Board propose increasing dividend to €5.20, up from €4.70 in prior year

• Partnership with University of Kent (UoK) aims to develop and deliver carbon management plan to halve scope 1 and 2 emissions by 2030
• UoK is set to generate 675 MW renewable energy annually
• Works to be funded by sustainable financing package from Siemens Financial Services

The University of Kent (UoK) is set to cut emissions generated on campus by 50 percent through a new carbon reduction strategy developed in partnership with Siemens Smart Infrastructure, as it continues to work towards achieving its net-zero targets. 

• Seven out of fourteen DEGREE targets achieved ahead of time
• Decarbonization: 60 percent less CO₂e emissions in own operations since 2019, overachieving 55 percent 2025 target
• Strong commitment to lifelong learning: learning and continuing education investment increased to €442 million, Siemens people invested an average of 27 hours in digital learning and skill development
• More than 25,000 products attributed new Siemens EcoTech label

Siemens continues to strengthen its leadership in sustainability, achieving key milestones outlined in the newly published 2024 Sustainability Report. The technology company has achieved seven of its fourteen ambitious targets ahead of time, for example in the areas of decarbonization, equity and employability. For the first time, Siemens products and solutions sold in fiscal 2024 enabled customers to avoid more emissions than Siemens had generated in its entire value chain (Scope 1, 2 and 3 emissions)¹. Since 2021 Siemens has defined its ambitions in its strategic sustainability framework DEGREE, a holistic approach with stringent and measurable key performance indicators.

• Inaugural Verdantix report “Green Quadrant: IoT Digital Platforms for Building Operations 2024” ranks 12 prominent platform providers
• Building X, part of Siemens Xcelerator, highlighted as comprehensive digital IoT platform for building operations
• Findings include Building X’s flexibility to scale, as well as its multiple functionality entry points

Siemens Smart Infrastructure has been named as one of the leaders in building operations by the independent research and advisory firm Verdantix. The recently launched report “Green Quadrant: IoT Digital Platforms for Building Operations 2024” found that Siemens’ Building X provides a comprehensive digital suite for advancing digital building operations. Verdantix not only highlights the platform’s flexibility to scale digital building operations, but also the multiple entry points for organizations to engage with its functionality.

• Siemens Mobility chosen by CAF to provide state-of-the-art propulsion systems, including motors, traction converters, and brake resistors
• Siemens Mobility, in collaboration with CAF, has developed a cutting-edge propulsion system for both new fleets of Metro de Madrid, which will enhance the efficiency of the new trains

Siemens Mobility is proud to announce its agreement with the leading Spanish rolling stock manufacturer CAF (Construcciones y Auxiliar de Ferrocarriles, S.A.) to deliver propulsion systems for the new rolling stock of Metro de Madrid. CAF has recently signed two contracts with Metro de Madrid to replace the aging vehicle fleet both for narrow gauge and broad gauge. Siemens Mobility, in collaboration with CAF, has developed a state-of-the-art propulsion system for both fleets, which will enhance the efficiency of the new trains and will create the best trains for Metro de Madrid. The vehicles will be equipped with traction inverters, motors and brake resistors, to deliver full performance in both 1,500V and 600V catenary systems (bi-tension).