Let the good times roll: Starting September 21, about six million people from all around the world will be enjoying themselves at the Oktoberfest in Munich for two weeks. Traditionally, Siemens supplies drives and control systems as well as energy distribution for the festival's rides. Automation solutions from Siemens also control special beer pipelines – the only ones of its kind worldwide –that supply the Hacker, Winzerer Faehndl and Braeurosl festival tents with their tasty Oktoberfest brews. Because many breweries use Siemens technologies within their brewing process, Siemens doesn't only ensure fresh beer at the Oktoberfest.
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Michael Sen will be proposed as CEO of the future publicly listed company in the energy and electricity sector. He has also been named Co-CEO of Siemens’ Gas and Power Operating Company
- Lisa Davis to support – as Co-CEO of the Gas and Power Operating Company – the transition to the new energy company until the ordinary Annual Shareholder’s Meeting in February 2020. Her contract will expire as scheduled
- Roland Busch appointed Deputy CEO of Siemens AG
- Supervisory Board decision on successor to Joe Kaeser and on date of succession to be made in summer of 2020
At its regular meeting today, the Supervisory Board of Siemens AG made the first personnel decisions required to set the course for the company’s future. Managing Board member Michael Sen – whose current duties include responsibility for the company’s equity investment in Siemens Gamesa Renewable Energy (SGRE) – will be proposed as CEO of the new company in the energy and electricity sector. Plans call for publicly listing the business in September 2020. Michael Sen has also been appointed Co-CEO with Lisa Davis of Siemens’ Gas and Power (GP) Operating Company, effective October 1, 2019. Lisa Davis previously informed the Supervisory Board that, for personal reasons, she did not wish to further extend her present contract. Until the ordinary Annual Shareholders’ Meeting in 2020, she will ensure an orderly handover of her leadership responsibilities to Michael Sen. Lisa Davis will subsequently support the President and CEO of Siemens AG in an advisory capacity until her contract expires.
- Facilities in Baiji will power Iraq’s biggest refinery and deliver
electricity to thousands of homes in liberated areas
- Siemens equipment includes E-class gas turbines, substations and
generators
- Project is start of Phase 2 of Siemens’ Roadmap for Iraq and will be
completed 28 months after financial closing by Iraq’s government
Siemens
and Orascom Construction signed an agreement with Iraq’s Ministry of
Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq. The
plants will have a combined generation capacity of 1.6 gigawatts (GW) when
completed and are a major step in Siemens’ roadmap for rebuilding Iraq's power
sector that has already added more than 700 megawatts to Iraq’s grid.
- Siemens issues bonds with a
total value of €3.5 billion and maturities of two, five, ten and fifteen years
- Investor demand more than
four times higher than issue volume
- Siemens secures most
favorable financing conditions to date
Siemens has
issued bonds with a total value of €3.5 billion. The transaction closed yesterday.
The proceeds of the issuance will be used for general corporate purposes. Investor
demand was very high. At around €15 billion, demand was more than four times
the issue volume. More than 70 percent of the investors are from Germany,
France or the UK.
- Around 2,100 apprentices
and university students in work-study programs at 20 Siemens locations are
starting their professional lives
- International training
program includes 31 participants from 14 countries
- Training program focuses on
digital transformation process
- Training as an important
foundation for lifelong learning
Around 2,100
young people in Germany alone are beginning their occupational training with
Siemens today. At 20 locations in Germany, Siemens will be training about 1,500
people for its own needs as well as another 600 participants for external
partner companies. In Berlin, 31 young people from 14 countries are
taking part in the International Tech Apprenticeship@Siemens (ITA@S) program, including
apprentices from Nigeria, Pakistan and South Africa. The ITA@S apprentices have
been sent to Berlin by their local Siemens Regional Companies for training as
electronics technicians for industrial engineering or as mechatronics technicians.
In total, 111 young people from outside Germany are completing training as part
of the ITA@S program.
- Agricultural
machinery company to use software solutions from Siemens including product
lifecycle management (PLM) to expand technological leadership
Siemens Digital Industries Software has announced that Maschinenfabrik Bernard
Krone GmbH & Co. KG, a leading agricultural machinery company based
in Germany, has selected the Siemens Digital Innovation Platform to help
establish its digitalization strategy. Using solutions including the Teamcenter
® portfolio and NX™ software, Krone will launch a new
digitalization program that will support processes over the entire product
lifecycle as well as collaborative work between departments by leveraging the
broad, integrated solutions that are part of the Siemens Digital Innovation
Platform.
Under the banner "Innovate. Digitalize now. SmartMining." Siemens is presenting the implementation of digital mining at this year's bauma, the world's leading trade fair for construction machinery. From April 8 to 14, the company will be demonstrating at Messe München in Hall C2, Booth 325, how mining companies can ensure and increase the availability and productivity of their mining equipment with the help of a unique range of services, comprehensive support and many years of technology and industry expertise. The digital solutions range from individual aspects to the entire mining operation.
We released our third quarter results for fiscal year 2019 on August 1, 2019. The Conference Call for journalists and the Analyst Call were broadcast live.
- Contract of Chief Human Resources Officer Janina Kugel to expire by mutual agreement
At its meeting today, the Supervisory Board of Siemens AG
agreed to extend the appointment of Managing Board member Cedrik Neike (46) by
five years. The contract of the CEO of Siemens' Smart Infrastructure Operating
Company (SI) will now run until May 31, 2025. The contract of Chief Human
Resources Officer (CHRO) Janina Kugel (49) will expire by mutual agreement on
January 31, 2020.