- Approximately
2,000 kilometers of modern, safe and integrated rail system to link 60 cities for people and goods across the country
-
Siemens
Mobility to provide 41 Velaro
eight car high-speed trains, 94 Desiro high-capacity four car regional train
sets and 41 Vectron freight locomotives
-
Turnkey
contract includes latest rail infrastructure technology, eight depots &
yards and 15-year maintenance agreement
-
Will
create sixth largest high-speed rail system in the world
-
To
complete all aspects of the project the consortium will create up to 40,000
local jobs
Siemens Mobility and its consortium partners Orascom
Construction and The Arab Contractors have signed a contract with the Egyptian
National Authority for Tunnels (NAT), a governmental authority under the
jurisdiction of the Ministry of Transport of Egypt, to create the sixth largest
high-speed rail system in the world. The Siemens Mobility share of the combined
contract is 8.1 billion EUR and includes the initial contract of 2.7 billion
EUR for the first line signed September 1, 2021.
- Water model demonstrates the use of digital solutions in real scenarios
- Digital twin in use for more efficiency and process optimization
- Siemens Water applications increase optimization and savings potential in water and wastewater plants
Climate change, urbanisation, water pollution and stricter laws and
regulations – water management is facing major challenges. In order to meet the
increasing demand for clean water and to protect water resources sustainably,
innovations, ideas and initiatives are required.
At this year's IFAT, Siemens will be showcasing how digitalization and
automation are helping to meet these requirements and promote and optimize
sustainable water management.
Divestment of Commercial Vehicles
business to Meritor agreed
Purchase price (Enterprise value) of
around €190 million
Transaction expected to close by end
of this calendar year
Further successful milestone of
value creation for Siemens’ Portfolio Companies
Siemens has
agreed to sell its Commercial Vehicles business to Meritor. The move is another
step in the company’s rigorous implementation of its previously announced plan
to sharpen its portfolio as a focused technology company. Commercial Vehicles is
part of Siemens’ Portfolio Companies. The purchase price totals around €190
million, subject to working capital adjustments. Closing is expected, subject
to regulatory approvals, by the end of this calendar year.
- Transmission of Profinet IO packets via a private 5G network
- VXLAN as transmission technology embeds Profinet protocol
- Use of a central control system for multiple mobile participants reduces energy and maintenance costs
Siemens enables the transmission of Profinet IO
via a private 5G network, which allows data to be transmitted in real time for
industrial applications. This is made possible by the VXLAN (Virtual Extensible
LAN) transmission technology in the Scalance 5G routers and security appliances
from Siemens. VXLAN embeds the Profinet IO protocol, which is transmitted in
Layer 2, into Layer 3 packets, which allows them to be transmitted across
network boundaries. Since Layer 2 communication now takes place via 5G, a
central controller can communicate with decentralized I/O modules on mobile
devices such as automated guided vehicles (AGVs) via Profinet in a private 5G
network and no local controls have to be used on the individual AGVs. This
saves costs and reduces maintenance. At the Hannover Messe, visitors can see
this innovation at the booth of the organization "5G-ACIA" in Hall 9.
Siemens will
exit the Russian market as a result of the Ukraine war. The company has started
proceedings to wind down its industrial operations and all industrial business activities.
The financial impact of this decision will be reported as part of the regular
disclosure on the second quarter results today on May 12, 2022.
- Orders rose 22 percent on a comparable basis to €21.0 billion (Q2 2021: €15.9 billion), with high growth rates at all industrial businesses
- At €17.0 billion, revenue increased 7 percent on a comparable basis (Q2 2021: €14.7 billion)
- Profit Industrial Business was €1.8 billion (Q2 2021: €2.0 billion) – due to impacts totaling €0.6 billion, mainly at Mobility, subsequent to sanctions imposed on Russia
- Net income was €1.2 billion (Q2 2021: €2.4 billion)
- Free cash flow for the Siemens Group increased to €1.3 billion and was thus even stronger than in the prior-year quarter (Q2 2021: €1.2 billion)
- Orderly wind down of industrial business activities initiated in order to exit the Russian market
Siemens continued
its growth path as a focused technology company also in Q2 (ended March 31,
2022). In Q2, the company leveraged increased growth opportunities in many key markets
despite a continuing complex macroeconomic environment and confirms its outlook
for the Siemens Group for the current fiscal year 2022. The impact on
profit in Q2 subsequent to sanctions imposed on Russia totaled €0.6 billion due
to impairments and other charges, mainly at Mobility. Siemens also initiated an orderly
wind down of its industrial business activities in order to exit the Russian
market.
- Siemens will deliver energy efficiency improvement measures to immediately cut 10 percent of the University’s carbon emissions
- Subsequent project phases will see on-site, low-carbon energy production, and the installation of renewable generation infrastructure
- Partnership will create an inclusive talent pipeline for the green economy, and a ‘living lab’ for teaching and research
The University of East London (UEL) in the
United Kingdom has established a strategic partnership with Siemens to collaborate
on their aspiration of achieving net-zero carbon by 2030. Siemens will deliver
improvement measures to reduce overall energy use, and engineer solutions to drive
the shift to renewable and on-site low-carbon energy generation at UEL’s
campuses in the London Docklands and Stratford.