- Siemens ensures continuity and long-term succession planning for Supervisory Board
- International leader with industry expertise to strengthen Siemens' key future-oriented field of software and digitalization
The Nominating Committee of the Supervisory Board of Siemens AG has recommended Jim Hagemann Snabe for the office of Supervisory Board Chairman. Siemens' Supervisory Board unanimously endorsed this recommendation at its meeting on Tuesday. The regular elections to Siemens' Supervisory Board will take place at the company's Annual Shareholders' Meeting on January 31, 2018. Mr. Snabe is to be elected Chairman at the Supervisory Board's constitutive meeting immediately thereafter.
- Annual Shareholders' Meeting ratifies acts of Managing and Supervisory Boards by large majorities
Shareholders at Siemens' Annual Shareholders' Meeting have approved distribution of a dividend of €3.60 per share for fiscal 2016 as recommended by the Managing and Supervisory Boards. This dividend is ten cents more than for fiscal 2015. The Annual Shareholders' Meeting also ratified the acts of the members of the Managing and Supervisory Boards for fiscal 2016. The proposals on these and the other agenda items were approved by large majorities.
- 4.8 gigawatts of power generation capacity already connected to grid
- 400 megawatts (or 10 percent) surplus through turnkey technology leadership
- New world record for fast-track power projects
- Excellent cooperation with local partners and authorities
In June 2015, Siemens was awarded its single biggest order ever for the expansion of the Egyptian power supply. Now, only 18 months after the signing of the contract, Siemens has set a new worldwide benchmark for the execution of fast-track power projects. Together with its local partners Orascom Construction and Elsewedy Electric, the company has made great progress in its effort to boost Egypt's power generation capacity by 45 percent, upon final completion of the three power plants. The first phase of the megaproject in Egypt has been finalized. The promised goal of bringing 4.4 gigawatts (GW) of new capacity to the grid has even been exceeded, and 4.8 gigawatts are already connected to the grid. The surplus capacity of 400 megawatts is sufficient to supply more than one million people in Egypt with electricity.
We released our first quarter results for fiscal year 2017 on January 31, 2017. The Press Conference and the Analyst Call were broadcast live.
Building on the strategic alliance between Siemens and Bentley Systems, that was made public in November, 2016, Siemens' Energy Management Division and Bentley Systems have announced an agreement to jointly develop solutions to accelerate digitalization of planning, design and operations for power utilities and industrial power customers. Bentley Systems is a global leader in software solutions for advancing the design, construction, and operations of infrastructure. The first of the new offerings will integrate Bentley System's utility design and geographic information systems (GIS) capabilities with Siemens' Power System Simulation (PSS) Suite, with specific solutions for power transmission, power distribution and industrial facilities. Combining these two platforms provides customers with Bentley's expertise in 3D infrastructure asset modelling and GIS with Siemens' knowledge and renowned experience in energy system planning and simulation.
- Framework contract of up to 200 Vectron locomotives
- First tranche for 30 Vectron MS
- Delivery to begin in summer of 2018
Austrian Railways (ÖBB) has signed a framework contract with Siemens for the delivery of up to 200 Vectron locomotives. Under the contract, up to 100 alternating current (AC) locomotives, 50 alternating current (AC) locomotives with diesel power modules, and 50 multisystem (MS) locomotives can be called up. A firm order for 30 MS locomotives was placed at the signing. The locomotives will be built in the Siemens plant in Munich-Allach, Germany. The first units are to be delivered beginning in summer of 2018.
- Multisystem locomotives equipped for the D-A-CH-I corridor
- Deliveries to begin in December 2017
- Initial service with SBB Cargo International
Together with the infrastructure fund of Reichmuth Infrastruktur Schweiz AG, the leasing company LokRoll AG has ordered 18 multisystem Vectron locomotives from Siemens. They will be used for cross-border operation along the Germany-Austria-Switzerland-Italy corridor. In addition to having national train control systems, all locomotives will also be equipped with the European Train Control System (ETCS). The locomotives will have a maximum output of 6,400 KW and a top speed of 160 km/h. LokRoll will lease the locomotives to the Swiss freight transport firm SBB Cargo International for a period of 15 years.
The "Fortuna" combined cycle gas turbine (CCGT) power plant at the Lausward location in the port of Düsseldorf was successfully handed over to the customer and operator, the Stadtwerke Düsseldorf public utility company, on January 22, 2016. The power plant has broken three world records: in the acceptance test a maximum electrical net output of 603.8 megawatts (MW) was achieved and the net energy conversion efficiency was around 61.5 percent. In addition, "Fortuna" can also deliver up to around 300 MW for the district heating system of the city of Düsseldorf – a further international peak value for a power plant equipped with only one gas and steam turbine. This increases the overall efficiency of natural gas as a fuel to 85 percent. The heart of the "Fortuna" CCGT power plant is the extremely powerful SGT5-8000H gas turbine from Siemens. Highly efficient and flexible CCGT power plants ideally complement renewable energy sources such as the wind and the sun, which are subject to fluctuations in their power outputs.
- Market entry with first two H-class gas turbines in Thailand
- Fifth large power plant project in consortium with Marubeni in the country
- Total order volume about 550 million U.S. dollar
Siemens, together with its Japanese consortium partner Marubeni Corporation, has received an order for the delivery of a turnkey combined cycle power plant to Thailand. Purchaser is the state-owned utility Electricity Generating Authority of Thailand (EGAT). The gas-fired power plant South Bangkok consists of two units in a single-shaft configuration and will feature two H-class gas turbines for the first time in the country. After commissioning in 2019 the power plant with an electrical output of around 1,200 megawatts is expected to power 1.5 million Thai households. The combined order volume for Siemens and Marubeni is approximately 550 million U.S. dollar (the equivalent of approximately 500 million Euro).