Under the motto "Future – it's my creation." Siemens teamed up for the third time with the Stiftung Jugend forscht to host Germany's best-known youth competition. The company previously hosted the nationwide event in 1976 and 1997. This year's competition, the fifty-second, took place in Erlangen, Germany, on May 25-28, 2017. The final winners were selected by a jury from among the 200 winners of statewide contests and presented with their awards on May 28 by the German Minister of Education and Research.
İlkin Alpay can still feel the awe-inspiring boards of Carnegie Hall beneath her feet. After singing at the world-famous venue, she's surrounded by adoring New York music fans: today is just like a dream for the young soprano.
- Mikhail Timoshenko (24) wins the Siemens Opera Contest France
- Siemens has been a long-standing partner of the Opéra National de Paris
- Siemens Arts Program supports outstanding young talents
Siemens has chosen the first winner of the Siemens Opera Contest France at the Palais Garnier in Paris. Mikhail Timoshenko, a 24-year-old baritone, impressed the expert jury consisting of Jean-Yves Kaced, Development Director of the Paris Opera, Matthias Schulz, Director of the Staatsoper Berlin, Dr. Clemens Trautmann, CEO of Deutsche Grammophon and Prof. Stephan Frucht, Artistic Director of the Siemens Arts Program.
- Centralized storage facility planned for Digital Factory Division in Amberg region
- Company's global enterprise IT activities to be modernized and digitalized
- Bundling of training expertise in Germany
Siemens is rigorously pursuing further targeted efficiency improvements at individual businesses. Plans call, among other things, for reviewing the geographical setup of Siemens' own IT activities and driving the digitalization of its own processes. A centralization of the storage facilities at the Digital Factory Division is also planned. These steps will be accompanied by a bundling of training expertise in order to continue meeting the requirements of the future working world as well as by measures to secure the competitive position of the Mobility Division.
Michael Sen, member of the Managing Board of Siemens AG, will – additionally to his current duties – now be responsible for Siemens Gamesa Renewable Energy within Siemens' Managing Board. Until recently, Sen was a member of the management team of Europe's largest energy supplier and acquired extensive expertise in the management of listed equity investments. Sen is also responsible within Siemens' Managing Board for the company's healthcare business and its global services unit.
- Memoranda of Understanding to cooperate in the areas of power supply, industry, transportation and healthcare
- Focus on infrastructure investments and partnerships between public and private sectors
- Participation in "Make IT Alliance" to promote start-ups and technology companies in Africa
Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban. The documents were signed in the presence of Brigitte Zypries, German Federal Minister for Economics and Energy, Joe Kaeser, President and Chief Executive Officer of Siemens AG and further high-ranking personalities.
- Revenue rose 6% compared to Q2 FY 2016, to €20.2 billion, including a strong performance by short-cycle businesses, and orders were €22.6 billion, up 2% despite a high basis of comparison including orders totaling €3.1 billion in Q2 FY 2016 in Egypt; the book-to-bill ratio was 1.12
- On a comparable basis, excluding currency translation and portfolio effects, revenue rose 5% and orders increased 1%
- Strong margin expansion in nearly all industrial businesses due to strong operational execution, and a €138 million positive effect from pension plan amendments, took Industrial Business profit margin up to 12.1%
- Industrial Business profit climbed 18% year-over-year, to €2.5 billion
- Net income was level at €1.5 billion, despite a higher income tax rate and a lower contribution to net income from discontinued operations; basic earnings per share (EPS) of €1.79 compared to €1.78 in Q2 FY 2016
- At the end of Q2 FY 2017, Siemens acquired all shares of Mentor Graphics Corporation (Mentor Graphics) and, at the beginning of Q3 FY 2017, closed the merger of Siemens' wind power business with Gamesa Corporación Tecnológica S.A. (Gamesa)
"We delivered another strong team performance and continue to outperform the markets. In the second half of the fiscal year, we will focus on duly integrating Mentor Graphics and on a successful start of Siemens Gamesa Renewable Energy, while keeping a close eye on our operational performance. And there is more work to do."
We released our second quarter results for fiscal year 2017 on May 4, 2017. The Conference Call for journalists and the Analyst Call were broadcast live.
- Expansion of Siemens' offerings with industry-specific software for the mobility sector – rigorous implementation of digitalization strategy
- HaCon to be managed as separate legal entity and wholly-owned subsidiary of Siemens AG in the Mobility Division
- Transaction still subject to approval by antitrust authorities, with closing planned for first half of calendar 2017
Siemens is planning to acquire HaCon, a company headquartered in Hanover, Germany. The two parties have agreed not to disclose financial details. Pending the approval of antitrust authorities, the deal is expected to be concluded in the first half of calendar year 2017.
- First Daughter learns about two-track training in Germany as follow-up to White House forum
- Siemens training around 12,000 young people worldwide
- 655,000 employees upskilling in e-learning modules
- Total investment of more than 500 million euro a year in training and continuing education
During her trip to Germany, Ivanka Trump, First Daughter and Assistant to the U.S. President Donald Trump, visited Siemens' training center in Berlin. Accompanied by Joe Kaeser, President and CEO of Siemens AG, she talked to trainees and teachers at the facility to find out more about Germany's two-track training system. Ivanka Trump's visit to Berlin followed a roundtable on vocational education and workforce development that she hosted with German Chancellor Angela Merkel at the White House in March. At the event, Joe Kaeser, who was among the participants, made several commitments to President Trump regarding U.S. workforce development, including for example leading an industry effort to significantly expand apprenticeship programs in the United States.