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• Siemens and E.ON have signed a global framework agreement (GFA) to strengthen E.ON’s public charging network
• GFA comprises SICHARGE D high power chargers
• Backend access via Sifinity Control to maximize charger reliability and uptime for E.ON customers

Siemens Smart Infrastructure and E.ON Drive Infrastructure are collaborating to bring smart and efficient fast-charging infrastructure to millions of electric vehicles driving across Europe. 

• Memorandum of Understanding signed to drive digital transformation through strategic projects across all three business sectors of Merck
• Siemens named one of the global preferred suppliers for Merck's next-level automation, boosting global smart manufacturing with Siemens Xcelerator platform
• Merck's cutting-edge production, enabled by Siemens, sets new standards in modular manufacturing

Merck, a leading science and technology company, and Siemens, a leading technology company deepened their mutual cooperation aimed at taking smart manufacturing to the next level today. Cedrik Neike, CEO Digital Industries and Member of the Managing Board of Siemens AG, and Kai Beckmann, CEO Electronics business and Member of the Executive Board of Merck, signed a Memorandum of Understanding (MoU) to expand cooperation in Smartfacturing (short for Smart Manufacturing) and outline the next steps for both companies. The MoU makes Siemens a preferred global supplier and strategic partner for Smartfacturing technologies, paving the way for transformative projects across Merck's three business sectors.

Tobias Atzler (48) will lead Investor Relations at Siemens AG, effective October 1, 2024. He will be responsible for engaging with the financial markets and for fostering relationships with investors and financial analysts and will report to Ralf P. Thomas, Siemens’ Chief Financial Officer.  Ralf Thomas said, “With his many years of comprehensive experience in the investor relations area, his profound understanding of the capital markets and his excellent leadership qualities, Tobias Atzler is the ideal candidate and a proven expert for this important role. I’m looking forward to working with him and wish him much continued success.”

Simon Krause (38) has been appointed as Head of Global Media Relations and Executive Communications at Siemens AG, effective October 1, 2024. Krause will be responsible for global media relations and coordinating executive communications and will report to Lynette Jackson, Siemens’ Chief Communications Officer. "I very much look forward to working with Simon in his new role. He is a strong professional, with a passion for technology and outstanding creativity, as well as excellent media experience. His role will build on a strong foundation, working across our businesses, to protect and build the reputation of Siemens as a leading technology company around the world," said Lynette Jackson.

• Siemens Xcelerator creates a powerful ecosystem of partners to accelerate digital transformation
• New scalable offerings for the end-to-end digital twin of the machine tool, control system, and workpiece
• New solution for tool condition monitoring enables traceability and closed-loop manufacturing

Siemens is consistently expanding its ecosystem for the machine tool industry. Together with its partners DMG MORI and Renishaw, the technology company is presenting new offerings as part of Siemens Xcelerator. With a focus on scalability and high flexibility, there are now even more intelligent machining applications for CNC users that seamlessly complement the Siemens solutions and deliver a high value-add based on them. The open digital business platform Siemens Xcelerator thus creates a powerful ecosystem of partners to jointly accelerate the digital transformation of the industry.

• Extreme weather conditions necessitate an increased level of resilience and robustness in the North American electrical grid to ensure a more stable and reliable power supply
• Siemens strengthens its electrification portfolio with the addition of padmount and submersible switchgear

Siemens has announced its agreement to acquire California-based Trayer Engineering Corporation (Trayer), a leader in the design and manufacturing of medium voltage secondary distribution switchgear suitable for outdoor and below ground applications. 

• Site represents an approx. $60 million investment
• Nearly 300,000 sq ft. facility will create around 300 jobs
• First-of-its-kind true high-speed rail production in North America
• Will produce American Pioneer 220 trainsets for Brightline West
• Siemens Mobility will partner with International Association of Machinists and Aerospace Workers (IAM) 

U.S. Senate Majority Leader Chuck Schumer, Brightline West and Siemens Mobility announced today that Horseheads, New York will become home to North America’s first high-speed rail production facility. The first-of-its-kind facility in the United States will produce America’s first high-speed trains, the American Pioneer 220, which will operate on Brightline West’s Las Vegas to Southern California line. Selected for its skilled workforce, industrial history and ability to best meet the needs of Brightline West, Horseheads is located in the southern tier of New York state. Production at the facility is expected to begin in 2026.

• Overall contract from Ruhrbahn GmbH for renewing control and safety technology by 2031
• Relay interlockings in Essen and Mülheim an der Ruhr, Germany, will be replaced by electronic interlockings
• Total investment worth around €180 million

Siemens Mobility and Ruhrbahn GmbH will digitalize control and safety technology dating from the 1970s in Essen and Mülheim an der Ruhr by 2031 to ensure the system is fit for the future. The contract, worth around €180 million, was signed recently by the partners and includes digitalizing Europe’s largest light rail interlocking system at Essen Central Station. The modernization will make the interlocking system more reliable and energy efficient. Sixty percent of the costs for the renewal of the interlockings will be funded by the municipal rail renewal program with state and federal funds; the funding is currently expected to total around €96 million.

• With its new digital bond, Siemens supports the tests by European Central Bank (ECB) of distributed ledger technology (DLT) for the settlement of securities with central bank money
• The bond has a volume of €300 million and a maturity of one year
• Siemens thus remains a pioneer in the ongoing digitalization of the capital and securities markets

Siemens has again issued a digital bond in accordance with Germany’s Electronic Securities Act (Gesetz über elektronische Wertpapiere, eWpG). Following the successful issuance of its first digital bond last year, the company is thus continuing to play a pioneering role in the application of the latest technologies on the capital markets. By using blockchain technology once again, Siemens is underscoring its claim to continuously develop digital solutions for the financial markets. In issuing the bond, the company is supporting the trials by the Eurosystem and the Bundesbank in particular, that are aimed at testing blockchain technology for the digital financial market.