- 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.
"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."
- 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.
- Siemens publishes Sustainability Report for fiscal 2012
- Company has fully achieved important sustainability goals
- LEED certification sought for all new Siemens buildings
- Energy efficiency program for entire value chain
- World's most sustainable company in super sector Industrial Goods and Services
In its Sustainability Report for fiscal 2012 just published today, Siemens draws a positive conclusion: "We've succeeded in fully achieving our sustainability goals. We've increased our green revenue to €33 billion while setting an example of sustainability and winning some 1,000 suppliers to date for our energy efficiency program. For the first time in our history, we've also been named the world's most sustainable industrial company in the prestigious Dow Jones Sustainability Index 2012 – capturing, as Super Sector Leader, the top position across nine industry sectors," said Barbara Kux, member of the Managing Board and Chief Sustainability Officer of Siemens AG.
- Damages due to natural hazards increasing dramatically
- Technology as an important lever to make cities more resilient
- Arup, Regional Plan Association and Siemens present a report on resilient infrastructure
Damages caused by extreme weather phenomena are increasing around the globe. In 2012, the costs of such damages totaled approximately US$160 billion worldwide. With dense populations, cities are particularly vulnerable to natural hazards. For example, Superstorm Sandy alone was responsible for damages of some US$50 billion, mostly in the New York Metropolitan area.
- Convertible bond is profiting from positive development of Atos share price
- Stake in Atos unaffected by sale – Siemens to retain its approximate 15% interest in Atos as agreed
Siemens is making use of the positive development of the Atos share price and selling the €250-million convertible bonds it acquired pursuant to contribution of its IT services business (SIS) to Atos in July 2011. The proceeds will depend on the price fixing of the bonds, which will be determined today during the day. Yesterday, the Atos share closed on the Paris stock exchange at €56.75. On the basis of the closing share price, the sale of the convertible bonds would result in proceeds of around €300 million.