Siemens is setting the standard for employee participation in company success. At its annual meeting in Amsterdam, the Global Equity Organization (GEO) has honored the company’s employee stock program with its GEO Judges Award, the trade association’s highest possible distinction. The jury particularly singled out the fact that the Siemens program enables virtually every employee worldwide – regardless of location and area of responsibility – to become a co-owner in the company.
Compared to other European cities, Germany's urban centers are better than average and, in fact, among the best when it comes to protecting the climate and the environment. This is the finding of the German Green City Index, an urban study commissioned by Siemens from the Economist Intelligence Unit (EIU), an independent research institute. A total of eight environmental categories were examined in the study. Ten of the twelve German cities come in "above average," the second-highest of five possible rankings and a better showing than that achieved by the majority of the 29 major European cities evaluated in the 2009 European Green City Index. German cities show particularly strong performances in the areas of environmental strategies, water, recycling and energy-efficient buildings. However, there is still room for improvement – for instance, in the area of CO2 emissions.
On August 14, 2011, the Siemens Festival Night in Bayreuth will feature not only a live transmission from the Festspielhaus on the Bayreuther Festplatz, but also, for the first time as part of the local public viewing program, the screening of a special version of Wagner's Ring for children. After the film of the premiere of the children's opera "The Ring of the Nibelung," the Wagner-oriented series of hands-on stations for children will open on the square. From 4 p.m., the opera "Lohengrin" by Richard Wagner will be transmitted from the Festspielhaus in high resolution video quality and with full surround sound. As in previous years, it will also be possible to watch this transmission on the Internet at www.siemens.com/festivalnight.
At a ceremony in Linderhof Palace on May 25, 2011, Prince Luitpold of Bavaria, Bavarian Finance Minister Georg Fahrenschon and Siemens President and CEO Peter Löscher honored the first pioneers of the age of electricity. It was at Linderhof in 1878 that Sigmund Schuckert built – by order of King Ludwig II – the world's first power plant to use electric dynamos operating on the Siemens principle. "And today," said Peter Löscher, "we're once again on the threshold of a new age of electricity – one that will feature renewable energies, smart grids, electric mobility and a high degree of energy efficiency. As the history of Linderhof shows, visions can become reality."
Siemens AG has been recognized by the Strategic Account Management Association (SAMA) for its successful customer management program. Siemens CEO Peter Löscher accepted the award for the best key account management program, in Orlando, Florida. "Proximity to our customers is decisive for our business success. I myself spend more than half my time with customers," said Löscher. Regarding the award, SAMA President and CEO Bernhard Quancard explained, "Siemens impressed us with its ongoing cultivation of customer relationships, its fostering of promising and talented sales employees and its practical implementation of customer proximity at the Managing Board level."
"We've achieved outstanding, broad-based order growth. We're raising our earnings forecast for fiscal 2011 to at least €7.5 billion."
We released our results for the second quarter and first half of fiscal 2011 on May 04, 2011. The conference call was broadcast live on the internet.
In the second quarter of fiscal 2011, Siemens achieved broad-based growth and increased new orders 28 percent year-over-year. Revenue climbed seven percent. All Sectors and regions contributed to growth in both orders and revenue. Income from continuing operations more than doubled due to a strong improvement in operating profit and proceeds from the sale of Siemens' 34 percent stake in Areva NP. "We've achieved outstanding, broad-based orders growth. We're raising our earnings forecast for fiscal 2011 to at least €7.5 billion," said Siemens President and CEO Peter Löscher.
Five months before the launch of the fourth Siemens Sector, Infrastructure & Cities, the company has made a number of key decisions. The new Sector will be headquartered in Munich. The expansion of the global sales and marketing structures for the fourth Sector is also progressing rapidly. "We're systematically creating the foundation for participation in the fast-growing cities and infrastructure markets," said Siemens President and CEO Peter Löscher.