- Acquisition strengthens Siemens Mobility's
position as a leading software supplier to rail customers
- Optrail S.r.l. provides algorithms for a new
generation of optimization-based Traffic Management Systems for rail
Mobility has completed the acquisition of Optrail S.r.l., an Italian-based
technology company, that provides unique algorithms for Traffic Management
Systems – TMS – based on mathematical optimization methods and operations
research. The acquisition complements Siemens Mobility’s existing Train
Planning System – TPS – portfolio and strengthens its position as a leading
supplier of software solutions to rail customers. Optrail
will remain based in Rome, Italy, and its technology will be integrated into
Hacon’s existing TPS products. Hacon, a Siemens Company, is based in Hanover,
Germany, and an essential part of Siemens Mobility’s software unit.
- Contract to maintain 51-strong Class 185 train fleet gets extension for 8 years, until 2031
- Builds on success of recent digital upgrade by Siemens Mobility which means the trains remotely monitor their own condition through Railigent X
- Siemens Mobility will work with new operator TransPennine Trains Limited and train owner Eversholt Rail to ensure continued reliability across the fleet
Siemens Mobility has been awarded a contract
extension for the maintenance of the Class 185 fleet serving TransPennine
Express routes operating between Manchester, Sheffield and Cleethorpes and
Manchester to Hull from northwest of England depots. The majority of
maintenance work will take place at Ardwick Depot, Manchester and
subsidiary depots at York and Cleethorpes.
- Siemens has partnered with UN Women Germany through the African Girls Can Code Initiative (AGCCI) to train girls and young women in Africa in digital and further skills
- Hybrid event in Johannesburg kicks off the training program that starts operation now and will benefit over 600 young women across South Africa, Kenya, Senegal, Rwanda and Uganda.
- Siemens has made €780,000 available to enhance employability and will provide laptops to all participants in order to support coding camps focused on digital literacy, coding, personal development and work readiness skills.
- In the context of a comprehensive 6-month mentoring program “SieMent EmpowHer,” developed by Siemens South Africa, the young women will spend a whole day with their experienced female mentors from around the world.
Siemens has partnered with United Nations (UN) Women Germany
for an upskilling program of more than 600 young African women in South Africa,
Kenya, Rwanda, Senegal, and Uganda. The joint initiative was launched in April 2022.
Now, the first round of workshops has started. A hybrid event, hosted by
Siemens South Africa, will kick off the African Girls Can Code (AGCCI) coding
camp and the SieMent EmpowHer mentorship program.
- Acquisition to strengthen Siemens’ capability to address fast-growing
demand for electric vehicle charging infrastructure in India, expand local
market presence, enable creation of export hub
- To scale up Siemens’ range of e-mobility solutions in India,
complementing its global portfolio
subject to fulfilment of condition precedents as agreed between the parties and
receipt of requisite regulatory, statutory and other approvals
In a step to address the fast-growing demand for
electric vehicle (EV) charging infrastructure in India, Siemens Limited, signed
an agreement today to acquire the EV division of Mumbai-based Mass-Tech
Controls Private Limited. The division is engaged in design, engineering and
manufacturing of a wide range of AC chargers, and 30 to 300kW capacity DC
chargers for various end applications for EVs. The cost of the acquisition is
approximately Rs. 380 million (EUR 4.3 million) on a cash free and debt free
basis and subject to other adjustments that are mutually agreed between the
parties to the transaction.
We have released our second quarter results for fiscal year 2023 on May 17, 2023. The Press Conference Call and the Analyst Call have been broadcast live.
- ICE 3neo fleet grows to 90 trains
- Additional order volume of around €600 million
- High-speed climate protection thanks to short
- Trains from first order already in service
Siemens Mobility will
deliver an additional 17 ICE 3neo trains worth around €600 million to Deutsche
Bahn (DB). The ICE 3neo fleet, based on the Velaro MS platform, will then grow
to a total of 90 trains. Deutsche Bahn first ordered 30 ICE 3neo trains from
Siemens Mobility in July 2020, and called up 43 further trains in January 2022.
With this new order, the original framework agreement for 90 trains signed in
July 2020 has been completed. The ICE 3neo trains will be manufactured at the
Siemens Mobility plant in Krefeld and delivered by August 2028. Trains that
were first ordered have been in passenger service since December 2022, after
being built in record time.
- Several records in Q2 2023, including impressive margin increases and all-time highs in profit for Digital Industries and Smart Infrastructure, as well as another record order backlog
- At €23.6 billion, orders reached a very high level (Q2 2022: €21.0 billion)
- Revenue rose 15 percent on a comparable basis to €19.4 billion(Q2 2022: €17.0 billion)
- Profit Industrial Business surged 47 percent to €2.6 billion (Q2 2022: €1.8 billion)
- Net income nearly tripled to €3.6 billion (Q2 2022: €1.2 billion)
- Excellent free cash flow all-in at Group level totaled €2.3 billion (Q2 2022: €1.3 billion)
- Outlook for revenue growth and earnings per share pre PPA effects raised again
its strong growth momentum also in Q2 2023 (ended March 31, 2023). The
quarter was characterized by very strong order intake, outstanding revenue
growth driven by substantial increases at Digital Industries, Smart
Infrastructure and Mobility, and higher Profit Industrial Business, including
sharp increases at Smart Infrastructure and Digital Industries, which both
achieved their highest-ever quarterly profit. Following the strong first half of fiscal 2023, Siemens
is again raising its outlook for the fiscal year.
- Together for Sustainability – an initiative of 47 chemical companies – chooses Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data
- Pilot project aims to demonstrate the scalability of PCF data exchange across an entire industry
- Chemical industry is a pioneer in product-related environmental data
Together for Sustainability (TfS) and Siemens are announcing a partnership on decarbonization to advance the overall sustainability of the chemical industry. TfS is a global initiative to promote sustainability in the chemical industry’s supply chain, consisting of 47 international companies, including some of the largest chemical groups. Siemens, a leading technology company and supplier of automation and industrial software, will leverage the power of its Sigreen solution, a tool to track and manage product carbon footprint (PCF) and part of the Siemens Xcelerator portfolio.