On September 26, 2017 Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens' mobility business, including its rail traction drives business, with Alstom. The transaction brings together two innovative players of the railway market with unique customer value and operational potential. The two businesses are largely complementary in terms of activities and geographies. Siemens will receive newly issued shares in the combined company representing 50 percent of Alstom's share capital on a fully diluted basis.On February 6, 2019 the European Commission has announced its decision to prohibit the proposed combination of the Siemens and Alstom mobility businesses. As a result of this prohibition, the merger will not proceed. Siemens and Alstom regret that the remedies they offered, including recent improvements, have been considered insufficient by the EU Commission.
The European Commission has announced today its decision to prohibit the proposed combination of the Siemens and Alstom mobility businesses. As a result of this prohibition, the merger will not proceed.
The Siemens Zug campus features a new office building with 1,000 work spaces and a newly constructed production building. The Siemens Zug campus is one of the first new projects to use Building Information Modeling (BIM) for design and construction. The campus complex is equipped with building automation, security and fire safety technology from Siemens BT and particular emphasis was placed on sustainability and energy efficiency of the buildings.
- Focus on smart buildings and cloud-connected products and systems
- New version of the Desigo CC integrated building management platform
- Intelligent Valve: self-optimizing, dynamic valves with cloud connection
At ISH 2019, the leading international trade show for building, energy and air conditioning technology and renewable energies, the Siemens Building Technologies Division will present numerous innovations from its product and systems portfolio, as well as new digital services for customers. These portfolio additions from Building Technologies will enhance smart buildings, link products and building management systems to the cloud, connect disciplines, and make data available from anywhere and at any time. Building Technologies' extensive range of reliable and accurate building control products, multi-disciplinary building management systems and software offerings, all of which are easy to adapt to individual applications, are the foundation for digitalized buildings. As the leading smart building company, Building Technologies helps create more user-friendly and efficient buildings by turning data into actionable insights. Making buildings comfortable, safe and efficient remains the overall goal of Building Technologies' "Creating Perfect Places" initiative.
- S70 low-floor light rail vehicles
- After delivery, Houston will have 51 Siemens Mobility vehicles
Siemens Mobility has been awarded a contract from the Metropolitan Transit Authority of Harris County (METRO) for 14 light rail vehicles that will operate in Houston, Texas. This marks Houston METRO's third order for Siemens Mobility vehicles, which will bring the total number in Houston to 51. The S70 low-floor light rail vehicles will supplement the vehicles currently servicing the city's three light-rail lines, which account for nearly two million trips per month. This will ensure the system's reliability, efficiency and passenger experience.
The Fund for the Future that Siemens and the company’s Central Works Council agreed to establish in May 2018 is now available to finance qualification projects in Germany. Until the end of fiscal 2022, Siemens will provide up to €100 million for such projects, in addition to the company’s regular annual budget of around €500 million for training and continuing education, thereof €290 million in Germany. The Fund for the Future is a key element with which Siemens and the Central Works Council are shaping the structural transformation of today’s economy – a transformation that is changing the working world to an unimaginable degree. Siemens, the company's Central Works Council and the IG Metall labor union agreed on a Future Pact in May 2018. This pact, which includes the Fund for the Future, established the main framework for addressing the structural transformation now taking place in Germany.
- Effective immediately, employees in Germany can propose concrete qualification projects
- Up to €100 million for qualification measures, especially in future-oriented professional fields
- New learning culture: a willingness to learn completely new things
The Fund for the Future that Siemens and the company’s Central Works Council agreed to establish in May 2018 is now available to finance qualification projects in Germany. Until the end of fiscal 2022, Siemens will provide up to €100 million for such projects, in addition to the company’s regular annual budget of around €500 million for training and continuing education, thereof €290 million in Germany. The Fund for the Future is a key element with which Siemens and the Central Works Council are shaping the structural transformation of today’s economy – a transformation that is changing the working world to an unimaginable degree.
- Operator is Go-Ahead Verkehrsgesellschaft Deutschland GmbH
- 44 Mireo multiple-unit and twelve Desiro HC double-decker trainsets
- Order worth around €400 million
- Higher capacity and significantly enhanced passenger comfort
Operator Go-Ahead Verkehrsgesellschaft Deutschland GmbH has commissioned Siemens Mobility to deliver 56 regional multiple-unit trainsets. The trains are planned for use on the electrified routes of the "Augsburg rail networks" in southwestern Bavaria. A total of 44 three-car Mireo electric trainsets and twelve five-car Desiro HC electric double-decker trains are to be delivered. Both types of trains can be combined, enabling the operator to flexibly adapt to changing passenger demand. The order is worth around €400 million. Passenger service with the new trains is scheduled to begin with the change of the timetable in December 2022.
- State-of-the-art reactive power compensation systems from Siemens are supporting the power supply for the greater Frankfurt area.
- The transmission systems for grid operator Amprion have been successfully running in test operation since the end of December 2018.
Commissioned by grid operator Amprion, Siemens built two reactive power compensation systems for the important Kriftel power grid node: a mechanically switched capacitor with damping network (MSCDN) and a power-electronic static synchronous compensator (STATCOM). The systems have been running successfully in test operation since December 2018. They're able to dynamically, rapidly, and flexibly increase or decrease the grid voltage on demand, which is necessary to keep the grid stable despite the increase in fluctuating power supplies from renewable and distributed energy sources. At the same time, the system will help prevent gaps in supply due to large power plant shutdowns. The Kriftel substation between Frankfurt and Wiesbaden controls power distribution for the Greater Frankfurt Area and its almost six million inhabitants.
Siemens held its Annual Shareholders' Meeting at the Olympiahalle in Munich on January 30, 2019.