- 660 km of modern, safe, and integrated rail system to link the Red and Mediterranean Sea for people and goods
- First
ever high-speed and electrified main rail line in Egypt
- Siemens Mobility to provide high-speed and regional trains, locomotives, rail infrastructure and related services
- To complete all aspects of the project the consortium will create more than 15,000 local jobs
- Contract covers the initial 660 km out of the 1800 km rail network planned
Siemens Mobility is honored to announce that it has signed a contract with the National Authority for Tunnels (NAT), in witness of the Egyptian Prime Minister and Minister of Transport, as well as the German Ambassador in Egypt to deliver a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line that will transform transportation in the Arab Republic of Egypt. Together with partners Orascom Construction S.A.E. and The Arab Contractors, Siemens Mobility will provide its comprehensive turnkey services to design, install, commission, and maintain the systems for 15 years. The total contract value is approximately USD 4.5 billion, of which Siemens Mobility’s share is around USD 3 billion. The vast majority of the order intake is expected to be booked in 2022 after financial closing. It is the first contract to be signed from the MoU agreed upon between NAT and Siemens Mobility, Orascom Construction and The Arab Contractors in January 2021.The
contract signed today covers the initial 660 km out of the 1800 km rail network
planned. Additionally, it was agreed to discuss and finalize
the agreements on the two other high-speed railway lines including rail
infrastructure and trains, and maintenance in the coming months.
- Siemens Mobility supplying the complete system technology for C-ITS in Austria
- C-ITS allows for exchange of information between vehicles and the road via ITS-G5 broadcast technology
- ASFiNAG is the first infrastructure provider in Europe to install C-ITS
Siemens Mobility is pleased to announce that it is
partnering with ASFiNAG, the operating authority for the Austrian highway network,
to provide the technology for an intelligent traffic
management system that facilitates the exchange of safety information between
vehicles and the road. The “Cooperative Intelligent Transport System”
(C-ITS) is a next generation traffic management system that uses
broadcast technology to analyze roadway conditions and disseminates information
to motorists relating to traffic jams, accidents, and lane
closures. ASFiNAG is the first infrastructure
provider in Europe to reach the milestone of installing a network connecting
the vehicle and road. The process of implementing the system across 2,200
kilometers of highway and expressway in Austria has already started.
- Agreement comprises a rail system with a network of around 1000km – first being a 460km project valued around 3bn$
- Turnkey Engineering, Procurement and Construction project including 15 years of services
- Siemens Mobility to provide high-speed and regional trains, locomotives, rail infrastructure, system integration and other services
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility have signed a Memorandum of Understanding (MoU) - together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.) - to design, install and commission Egypt’s first ever high-speed rail transportation system. Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around 3bn$.
As the global population experiences rapid growth, more people around the world are moving from the countryside to the city. In addition to the inner-city challenges posed by the urbanization megatrend, there is also an increase in the average traveling distance. As a result, the challenges for train systems are also increasing. To meet these demands, Siemens Mobility and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) have jointly developed new auxiliary converters to improve the efficiency of on-board power systems using power semiconductors based on silicon carbide (SiC).
- Siemens drives forward digital transformation in the machine tool industry with a brand new Sinumerik generation
- Sinumerik ONE enables seamless interaction between virtual and real world for significantly increased productivity in the production and use of machine tools
- Scalable CNC-portfolio for highest performance requirements and optimum surface quality
With Sinumerik ONE, the first digital native CNC, Siemens is driving forward digital transformation in the machine tool industry. The new controller works with software to create the machine controller and associated digital twin from one engineering system and thus contributes to the seamless integration of hardware and software. Thanks to its seamless interaction between virtual and real world as well as high-performance hardware, Sinumerik ONE is setting new standards in terms of productivity, performance and digitalization. It is the future-proof CNC for machine tools in the increasingly digital world of manufacturing. Both machine manufacturers and machine operators benefit from the universal digital twin for the product, production and performance.
- New
signaling means seamless transition to automated train operation (ATO)
- Communications-Based Train Control (CBTC)
- Two
stations and 20 trains will be equipped
Siemens
Mobility, along with consortium partners ST Engineering and BES Engineering
Corporation, has been awarded a contract to deliver the signaling and
communications for two new stations at Taoyuan Airport terminal three. The
airport currently services more than 45 million passengers and with the opening
of terminal three capacity is expected to grow to up to 86 million passengers
per year. The mass transit system will provide access to the terminal for both current
and future passengers. Siemens Mobility will provide the signaling system,
which will include CBTC that will allow for automated train operations (ATO).
Two stations, with an option for a third, and 20 trains will be equipped. The
first station will be commissioned in September 2022, the second is planned for
in June 2024.
- Managing Board members’ individual
responsibility to have greater weight
- In addition to capital market
performance, sustainability targets included for first time
- Contractual maximum compensation
agreed
- New compensation system makes
Siemens a pioneer among DAX companies
Siemens intends
to adjust the compensation system for its Managing Board members in order to
align the system more closely with the company’s sustainable development and
thus with the Vision 2020+ company strategy. By implementing the new system, Siemens
is taking on a pioneering role because the new approach already reflects the
draft version of the German Corporate Governance Code of May 9, 2019, and the
draft version of the act transposing the European Union’s Second Shareholder
Rights Directive into German law. In addition, the new concept not only
considers performance on the capital market, but also places emphasis on
targets for environmental protection, professional development of employees and
customer satisfaction. In the future, the broad-based MSCI World Industrials
Index – instead of a comparison with five main competitors – will be the yardstick
for the comparisons that determine the value of the stock awards. The new Managing
Board compensation system, which already applies as of fiscal 2020, will be
submitted to shareholders for endorsement at the Annual Shareholders’ Meeting on
February 5, 2020.
- 22 trains from Siemens Mobility and Bozankaya in passenger service
- Enhanced passenger experience and more capacity
In Bangkok, Thailand, all 22 metro trains delivered by the consortium of Siemens Mobility and Turkish railway manufacturer Bozankaya are now in operation on the existing BTS (Skytrain System) Green Lines including its extensions. The last train entered service on the inaugurated Green Line extensions in October 2019. By the 4th of December 2019, Bangkok Mass Transit System Public Company (BTSC) will commence passenger service on the newly completed section of the Green Line from Kheha Station to Kasetsart University Station. In total, 22 four-car trains have been delivered with the scope of Siemens Mobility delivering bogies, drive and brake systems, auxiliary services as well as the project management, engineering, design and commissioning of the trains. The trains were built at the Bozankaya plant in Ankara, Turkey. Siemens Mobility will maintain the trains over a period of 16 years.
- AnalyzeMyWorkpiece /Monitor enables continuous monitoring of workpiece production
- Quality control takes place immediately during production
- New application extends the range of existing applications for quality assurance
With AnalyzeMyWorkpiece /Monitor, Siemens is extending its software portfolio for machine tools for workpiece quality. The Edge application based on high-frequency data, which will be presented at EMO 2019, enables continuous monitoring of workpiece production in machine tools. Measured values such as position data, torque values or control deviations together with context information, for example the tool currently being used, are acquired from the machine with high frequency and without feedback via Sinumerik Edge. The measured values are compared continuously with a reference model. In the event of deviations that exceed a predefined level, the application logs the result, sends it to the machine tool and enables prompt responses by the operator. This means, for example, that unique process-parallel quality control is supported during production.
- New LRV’s will operate on Mid-Coast Trolley
Extension
- Completes the system’s transition to a fully
low-floor fleet
San Diego's Metropolitan Transit System (MTS) has awarded Siemens Mobility a contract for 25 S700 Low-floor Light Rail Vehicles. These cars will operate the entire 53-mile double-tracked MTS light rail network, including on the 11-mile Mid-Coast Trolley extension, which is scheduled to open in 2021. It will extend San Diego's current Blue Line from the heart of downtown north to University of California San Diego and University Town Center. They will replace Siemens Mobility's high-floor SD100 LRVs which were manufactured in the 1990s. This purchase and subsequent purchases will make San Diego's fleet fully low-floor and accessible. Delivery of the new LRVs is expected in 2021.