- Michael Inacker named new communications head
- Stephan Heimbach to head government affairs and corporate affairs
Siemens AG is reorganizing the areas of corporate communications and government affairs at its company headquarters. Michael Inacker (49), currently assistant editor-in-chief and head of the Berlin office of the German newspaper Handelsblatt, has been named to head Siemens' corporate communications and corporate branding areas. He will assume his new duties at the latest by October 1, 2013. Corporate communications at Siemens AG comprises the company's external and internal communications as well as its branding-related activities. In the future, Stephan Heimbach, who currently has overall responsibility for corporate communications and government affairs at Siemens, will head the areas of corporate affairs and government affairs. As Corporate Vice Presidents, Stephan Heimbach and Michael Inacker will report to Siemens President and CEO Peter Löscher.
At the RobecoSAM awards ceremony today in Frankfurt, Germany, Siemens will be honored as Sector Leader, Sector Mover and Gold Class for its performance in the area of sustainability. As these three awards testify, Siemens is one of the world's most sustainable companies, setting the standard for all the companies in its industry. The awards are based on intensive research. More than 2,500 companies worldwide in a wide variety of industries were analyzed and assessed for their sustainability performance.
- Orders of approximately 1 billion Euro received in run-up to mega events
- Siemens supplying building technology for world's greenest stadium
- Efficient solutions enhancing transportation capacities
- Gas-fired power plant in the Amazon to replace environmentally harmful diesel generators
Brazil is counting on Siemens to provide key infrastructure solutions for its major upcoming sporting events. The country will play host to the Confederations Cup in 2013 and to the World Cup in 2014. In the run-up to these mega events, Siemens has received orders of approximately 1 billion Euro for infrastructure projects. "These major sporting events will turn the world's spotlight on Brazil. We're looking forward to exciting games, powerful emotions and the people visiting our country. Whether in transportation, energy supply, the environment, healthcare, safety or security – we want our infrastructure solutions to help make the events a success. The solutions we're providing will improve the quality of life in Brazil for generations to come and support the country's long-term economic development. Brazil is at a turning point in its economical development, and these major events will speed up works in infrastructure laying the foundations of sustainable growth." said Paulo Stark, CEO of Siemens Brazil.
- Siemens supplying security, safety and building automation technology
- Mané Garrincha world's first stadium to apply for LEED Platinum sustainability certification
- Siemens technology helps reduce CO2 emissions
Siemens is supplying technology for Brasília's Mané Garrincha National Stadium, the most modern and sustainable sports arena to be built in Latin America. The company has been commissioned to provide equipment, products and high-tech security, safety and building automation systems for the stadium, which will host the Confederations Cup opener in 2013 and seven World Cup games in 2014. Featuring the most sophisticated technological solutions ever used in Brazil, the stadium will be one of the most advanced structures of its type in the world.
The composition of the Supervisory Board of OSRAM Licht AG for the period following its public listing has now been determined. As announced in the middle of May, the company's post-listing Supervisory Board will include Peter Bauer, Joachim Faber and Siegfried Russwurm. The twelve-member governing body will now also include from the shareholder side:
- Siemens presents Three-Point Plan for implementing the energy transition
- Revisions of energy transition concept urgently needed
- Climate protection to have priority over maximizing renewables
- Restructuring of Germany's energy system too costly
- High energy costs burden industry and consumers
- Germany's competitiveness as a business location threatened
The costs of restructuring Germany's energy system are too high. With the present energy transition concept, it will not be possible to achieve security of supply while also ensuring sustainability and affordability. The current approach also establishes false incentives for investment and innovation. According to Siemens' calculations, Germany could save more than €150 billion by 2030 and limit further increases in the price of electricity by revising the energy transition concept without any negative impacts on its climate targets. At the Siemens Energiewende-Dialog (Energy Transition Dialogue) taking place in Berlin on June 3-11, 2013, the company presented a Three-Point Plan with concrete proposals for the cost-efficient implementation of the energy transition. "Siemens stands behind the energy transition. However, the project is currently at a critical stage. We need decisions that will maintain our country's competitiveness over the long term. Our aim is to achieve a sustainable energy system with secure supplies and affordable electricity," said Peter Löscher, President and CEO of Siemens AG.
- New composition of Supervisory Board at Osram Licht AG after public listing
- Peter Bauer designated Chairman of the Supervisory Board
- Joachim Faber to be named Chairman of the Audit Committee
Effective as of the public listing of Osram Licht AG, Siemens will appoint new members to the Supervisory Board of the lighting company. The future Supervisory Board will include Peter Bauer, CEO of Infineon Technologies AG until September 2012, and Joachim Faber, former member of the Board of Management of Allianz SE and Chairman of the Supervisory Board of Deutsche Börse AG since 2012. Siegfried Russwurm, member of the Managing Board of Siemens AG, will retain his position as Chairman of the Supervisory Board of Osram for an interim period.
- New orders climb 20 percent due to major orders
- Order backlog at €101 billion
- Revenue declines seven percent
- Net income increases to €1 billion
- Earnings per share rise from €1.03 to €1.20
- Free cash flow improves to nearly €1.4 billion
- Challenges at rail systems and offshore grid connection projects
- Focus on rigorous execution of Siemens 2014
Siemens' results for the second quarter of fiscal 2013 present a mixed picture. New orders, free cash flow and earnings per share showed substantial improvement. Revenue and Total Sectors profit declined, primarily due to a still difficult market environment. Total Sectors profit was also impacted again by burdens at the company's high-speed trains business and from offshore grid connection projects in the North Sea. "Results for the second quarter show a mixed picture. While we were able to clearly increase orders, we still have challenges regarding revenue and profit. Even more we're focusing on the factors that lie in our own hands: we're rigorously executing our company-wide Siemens 2014 program," said Siemens President and CEO Peter Löscher.
We released our results for the second quarter and first half of fiscal 2013 on May 02, 2013. The conference call was broadcast live on the internet.
"Results for the second quarter show a mixed picture. While we were able to clearly increase orders, we still have challenges regarding revenue and profit. Even more we're focusing on the factors that lie in our own hands: we're rigorously executing our company-wide Siemens 2014 program."