- Corporate real estate management now also for external customers
-
Renting, development and consulting in focus
- Intelligent real estate in close cooperation with other Siemens units
Siemens Real Estate (SRE) has been managing Siemens' real estate portfolio for more than 20 years and, as a versatile and future-oriented corporate real estate manager, has repeatedly adapted to the challenges of the market. Effective immediately, SRE will make the expertise it has acquired available to external clients for the first time. Companies that do not yet have their own professional real estate management will thus have access to SRE's knowledge and experience in the three product groups of consulting, renting and real estate and location development.
- MHMM to become sole owner of
Primetals Technologies
- Closing expected by early calendar year 2020
- Financial details not disclosed
Mitsubishi-Hitachi Metals Machinery (MHMM) – an MHI group company – and Siemens AG reached agreement on September 30, 2019, that MHMM will acquire Siemens’ 49 percent stake in Primetals Technologies. Closing of the transaction is subject to customary conditions and is expected by early 2020. Siemens will support the process to ensure a successful closing of the transaction. Following closing, MHMM will assume sole control of Primetals Technologies. Financial details of the transaction were not disclosed.
-
Michael Sen will be proposed as CEO of the future publicly listed company in the energy and electricity sector. He has also been named Co-CEO of Siemens’ Gas and Power Operating Company
- Lisa Davis to support – as Co-CEO of the Gas and Power Operating Company – the transition to the new energy company until the ordinary Annual Shareholder’s Meeting in February 2020. Her contract will expire as scheduled
- Roland Busch appointed Deputy CEO of Siemens AG
- Supervisory Board decision on successor to Joe Kaeser and on date of succession to be made in summer of 2020
At its regular meeting today, the Supervisory Board of Siemens AG made the first personnel decisions required to set the course for the company’s future. Managing Board member Michael Sen – whose current duties include responsibility for the company’s equity investment in Siemens Gamesa Renewable Energy (SGRE) – will be proposed as CEO of the new company in the energy and electricity sector. Plans call for publicly listing the business in September 2020. Michael Sen has also been appointed Co-CEO with Lisa Davis of Siemens’ Gas and Power (GP) Operating Company, effective October 1, 2019. Lisa Davis previously informed the Supervisory Board that, for personal reasons, she did not wish to further extend her present contract. Until the ordinary Annual Shareholders’ Meeting in 2020, she will ensure an orderly handover of her leadership responsibilities to Michael Sen. Lisa Davis will subsequently support the President and CEO of Siemens AG in an advisory capacity until her contract expires.
- Facilities in Baiji will power Iraq’s biggest refinery and deliver
electricity to thousands of homes in liberated areas
- Siemens equipment includes E-class gas turbines, substations and
generators
- Project is start of Phase 2 of Siemens’ Roadmap for Iraq and will be
completed 28 months after financial closing by Iraq’s government
Siemens
and Orascom Construction signed an agreement with Iraq’s Ministry of
Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq. The
plants will have a combined generation capacity of 1.6 gigawatts (GW) when
completed and are a major step in Siemens’ roadmap for rebuilding Iraq's power
sector that has already added more than 700 megawatts to Iraq’s grid.
- Siemens issues bonds with a
total value of €3.5 billion and maturities of two, five, ten and fifteen years
- Investor demand more than
four times higher than issue volume
- Siemens secures most
favorable financing conditions to date
Siemens has
issued bonds with a total value of €3.5 billion. The transaction closed yesterday.
The proceeds of the issuance will be used for general corporate purposes. Investor
demand was very high. At around €15 billion, demand was more than four times
the issue volume. More than 70 percent of the investors are from Germany,
France or the UK.
- Around 2,100 apprentices
and university students in work-study programs at 20 Siemens locations are
starting their professional lives
- International training
program includes 31 participants from 14 countries
- Training program focuses on
digital transformation process
- Training as an important
foundation for lifelong learning
Around 2,100
young people in Germany alone are beginning their occupational training with
Siemens today. At 20 locations in Germany, Siemens will be training about 1,500
people for its own needs as well as another 600 participants for external
partner companies. In Berlin, 31 young people from 14 countries are
taking part in the International Tech Apprenticeship@Siemens (ITA@S) program, including
apprentices from Nigeria, Pakistan and South Africa. The ITA@S apprentices have
been sent to Berlin by their local Siemens Regional Companies for training as
electronics technicians for industrial engineering or as mechatronics technicians.
In total, 111 young people from outside Germany are completing training as part
of the ITA@S program.
- Agricultural
machinery company to use software solutions from Siemens including product
lifecycle management (PLM) to expand technological leadership
Siemens Digital Industries Software has announced that Maschinenfabrik Bernard
Krone GmbH & Co. KG, a leading agricultural machinery company based
in Germany, has selected the Siemens Digital Innovation Platform to help
establish its digitalization strategy. Using solutions including the Teamcenter
® portfolio and NX™ software, Krone will launch a new
digitalization program that will support processes over the entire product
lifecycle as well as collaborative work between departments by leveraging the
broad, integrated solutions that are part of the Siemens Digital Innovation
Platform.
- Contract of Chief Human Resources Officer Janina Kugel to expire by mutual agreement
At its meeting today, the Supervisory Board of Siemens AG
agreed to extend the appointment of Managing Board member Cedrik Neike (46) by
five years. The contract of the CEO of Siemens' Smart Infrastructure Operating
Company (SI) will now run until May 31, 2025. The contract of Chief Human
Resources Officer (CHRO) Janina Kugel (49) will expire by mutual agreement on
January 31, 2020.