The Extraordinary Shareholders' Meeting of Siemens AG was held on July 9, 2020 as a virtual Shareholders’ Meeting without physical attendance of shareholders or their proxy representatives.
- Measurement and control of particulates with a particle size of 0.3 to 2.5 μm (PM2.5) or 0.3 to 10 μm (PM10)
- Unique mechanical design for highly accurate measurements
- Easy installation on existing and new air handling units (AHU)
The new PM2.5 duct type fine dust sensor from Siemens Smart Infrastructure comes in two variants and creates a healthy as well as productive indoor air climate. Part of the Symaro product group, the sensors measure dust and dirt particles, including fine sand, transmitting them rapidly and precisely to advanced building management systems for comprehensive climate monitoring and control. This improves the indoor air quality of residential and commercial buildings, which in turn has a positive effect on the health and comfort of room occupants. By ensuring the early detection of hazardous particles, the sensors help achieve energy and cost- efficient control of the entire HVAC system.
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- Extraordinary Shareholders’ Meeting to be held in virtual format
- Siemens AG to spin off 55 percent of Siemens Energy to shareholders
- One Siemens Energy share for every two Siemens shares
- Siemens Energy to start with S&P Global investment-grade rating of “BBB”
- Initial listing of new shares planned for September 28, 2020
Siemens shareholders will vote on the spin-off of Siemens AG’s energy business at an Extraordinary Shareholders’ Meeting today. Due to the restrictions imposed on public events by the coronavirus crisis, the shareholders’ meeting will be held in a virtual-only format – that is, without the shareholders or their proxies being present in person. To ensure complete transparency, a livestream at
www.siemens.com/agm-service will provide shareholders and their proxies with audio and video coverage of the entire event via the Internet. Siemens shareholders had until July 7, 2020, to submit questions electronically. The proposal to approve the Spin-off and Transfer Agreement that Siemens AG and Siemens Energy AG concluded on May 22, 2020, is the only item on the meeting agenda.
The information contained herein is not for publication or distribution, directly or indirectly, in or into any jurisdiction where to do so would be prohibited by applicable law.
- Spin-off approved by 99.36 percent of capital stock represented
- Capital Market Day for Siemens
Energy planned for September 1, 2020
As expected,
a large majority of Siemens shareholders at today’s Extraordinary Shareholders’
Meeting voted to approve the spin-off of the company’s energy business to Siemens
Energy AG. This step paves the way for the establishment of an independent
company rigorously focused on the energy sector. In the future, Siemens AG will
concentrate on Digital Industries, Smart Infrastructure and Siemens Mobility. In total, 61.94 percent of the capital stock of Siemens AG entitled to vote was represented at
the shareholders’ meeting, which was held as a virtual event due to the coronavirus
crisis. Approval of the Spin-off and Transfer Agreement between Siemens AG and Siemens
Energy AG was the only item on the meeting agenda. The agreement was approved by a
majority of 99.36 percent of
the capital stock represented. The highest number of participants following the
Extraordinary Shareholders’ Meeting online was 3,870.
- Using proven hardware and software, Siemens develops a solution for social distancing at the workplace
- Companies can simulate and manage the possible risks to their employees while at the same time increasing the productivity of their plants
- Simatic Real-time Locating Systems (RTLS) plus SieTrace software provide location information which customers can use to control their manufacturing processes and to design their operating procedures future-proof
Siemens uses a combination of hardware and software to offer a new solution for the challenges that companies face as a result of the Covid-19 pandemic. The solution enables companies to quickly and efficiently control how employees interact with one another, with the production line and with the plant setup. The integrated digital twin helps the company to simulate the safety of employees, to test and optimize the setup of work areas, to validate safety measures, and thus to design future-proof production lines.
- Co-CEO Sabrina Soussan to leave the company at her own request
- Michael Peter stands for strong expertise in digitalization and
connectivity as well as for continuity in Siemens Mobility’s top management
Michael
Peter will be Siemens Mobility’s sole CEO, effective July 10, 2020. Sabrina Soussan,
who has been his Co-CEO until now, will leave the company at her own request to
take on a new challenge outside Siemens AG. Until her contract ends on December
31, 2020, Ms. Soussan will remain available to Siemens Mobility in an
advisory capacity.
- Up to three additional applications on one processor module
- Siapp eliminates need for additional hardware, saving space and costs
- Secure distributed data processing 24/7
Siemens Smart Infrastructure is expanding the options for distribution grid applications with the new Siapp, a software license for the Sicam A8000 automation and remote terminal unit. The Siapp application is based on the Sicam A8000 with the powerful CP-8050 processor module. Siapp allows up to three separate custom applications to be developed, parameterized and loaded onto the remote terminal unit. Only one runtime license is needed. Siapp complies with the strictest data security standards and benefits customers including major energy suppliers, municipal utilities and industrial companies.
The information contained
herein is not for publication or distribution, directly or indirectly, in or
into any jurisdiction where to do so would be prohibited by applicable law.
- Long-term “BBB” issuer rating,
outlook stable
- S&P praises low indebtedness and
extensive liquidity
- First listing for Siemens Energy still
planned for September 28, 2020
In its first
credit rating, Siemens Energy AG, which will soon be operating as an
independent entity, has earned a solid investment grade rating from the S&P
Global rating agency (S&P). The company received a long-term issuer rating
of “BBB” with a stable outlook. The raters particularly praised the company’s
broad base in the energy sector, its low level of debt, and its extensive
liquidity.
- Assistance sought from the state of NRW, the federal government, and the EU
- Lighthouse project for the energy transition with international appeal
In planning, building, and operating an energy farm on the grounds of Nivelsteiner Sandwerke, the city of Herzogenrath plans to cover its energy demand with zero CO2 emissions by 2030. The signing of a cooperation agreement between GREEN Solar Herzogenrath GmbH and Siemens Energy has now marked an important milestone in achieving this goal. Based on this agreement, the partners will develop an economically viable concept aimed at seeking available funding from the state of North Rhine-Westphalia, the federal German government, and the EU for the long-standing mining region between Aachen, Germany, and the Netherlands.