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• First demonstration project in Europe, in partnership with truck manufacturer Scania
• Electrified road transport cuts energy consumption in half and reduces local air pollution
• Sweden is aiming for fossil independent transport sector by 2030

Siemens will install a catenary system for hybrid trucks in Sweden. The contract was awarded by the Swedish Transport Administration to the County Council of Gävleborg. The catenary system will electrify a two-kilometer stretch of the E16 highway north of Stockholm in the context of a demonstration project. The test results will be available two years from the start of the demonstration phase and are intended to demonstrate the system's suitability for future commercial use. Sweden has set ambitious climate targets - the aim is to develop a fossil fuel independent transport sector by 2030.

• Siemens to equip 1300 kilometers with electrical overhead lines
• Electrification makes speeds of up to 250 km/h possible
• Consortium order with a value in the mid triple-digit million euros range

As part of a consortium with construction company Per Aarsleff AS, Siemens has been commissioned by Danish rail company Banedanmark to electrify nine rail routes with a total length of some 1300 kilometers. "We will be equipping about 1300 kilometers of Denmark's rail network with electrical overhead lines. This is something we are proud of, that shows how competitive our technology is," said Elmar Zeiler, head of the Rail Electrification unit at Siemens. "Our overhead contact line systems increase the availability and cost-effectiveness of rail routes, while at the same time offering operators a green alternative to diesel traction." Electrified rail networks allow speeds of between 160 and 250 km/h, as well as reduced operating and maintenance costs.

• US$7.75 billion with maturities of 3, 5, 7, 10 and 30 years
• Demand two-and-a-half times the planned issue volume
• Broad investor base, mainly in the U.S.
• Rating agencies continue to give Siemens high credit rating

Siemens has successfully placed its largest bond issuance to date. It was the company's second bond placement on the U.S. capital market, with the first having been nine years ago. In a transaction that ended yesterday, Siemens issued bonds with a total value of US$7.75 billion and maturities of three, five, seven, ten and 30 years. Due to the very high demand, the company obtained very favorable interest-rate conditions for all maturities. Investor demand was two-and-a-half times the originally planned issue volume of US$7 billion. At the time of price fixing, the interest rate premium over comparable U.S. government bonds averaged 14.5 basis points below the initial indication at the beginning of the issuance.

• New technology for more efficient use of autobahn truck parking spaces
• First pilot project in Germany operational on the A9 between Nuremberg and Munich
• Intelligent sensor system identifies free parking spaces

The number of heavy-load vehicles on the roads continues grow rapidly, with one study finding there is already a shortfall of almost 11,000 truck parking spaces across Germany's autobahn network. "The intelligent sensor system helps to make more efficient use of the existing parking spaces at rest areas," explains Siemens Project Manager Franz Pelzer. The new technology enables truck drivers to plan their rest periods better, in the process increasing safety for all road users.

• SWU Verkehr has ordered twelve Avenio low-floor light rail vehicles
• For use in the newly built Line 2 in Ulm
• First vehicle delivery due around mid-2017
• First order for the Avenio as a multi-articulated vehicle

Siemens will deliver twelve Avenio M low-floor light rail vehicles to Ulm, Germany. SWU Verkehr GmbH (subsidiary of Ulm municipal authority) and Siemens sealed the deal on May 22 at a contract signing. The order is valued at some 32 million euros. The agreement also includes an option for the supply of six additional trams. The new streetcars are planned for use on the new Line 2. The first vehicle delivery is due within 24 months, around mid-2017. The final vehicle delivery is scheduled for spring 2018. The trams will be manufactured at the Siemens plant in Vienna. The bogies will be manufactured in Graz, while the control and traction drive technology will come from the Siemens factory in Nuremberg.

• The Enel power company and Siemens build a smart grid
• Siemens makes Libeskind sculptures possible

During Expo 2015 in Milan, Italy, Siemens is serving as the strategic partner to Enel for delivering the intelligent grid technology that supplies the world's fair with electricity. For Italy's largest power company, Siemens developed the energy management capabilities for this smart grid. Siemens software makes it possible to monitor and optimize power consumption for the entire Expo grounds from a computer screen at the control center – or from anywhere via smartphone. This also includes the lighting and air conditioning at the national pavilions. In addition, Siemens is enhancing the world's fair grounds with international art: Four monumental sculptures commissioned by Siemens and designed by Daniel Libeskind Studio were installed at the Piazza Italia, a central promenade.

• Siemens on track to reach targets for fiscal 2015 in an increasingly difficult environment
• Agreement reached with employee representatives in Germany regarding measures to sustainably reduce overhead cost base by €1 billion by 2016
• Power and Gas Division seeks long-term improvement in profitability within a consolidating environment
• Restructuring of underperforming businesses initiated
• Structural reorganization of company largely completed
• Focus on growth, innovation and continuous profitability improvement

One year after presenting its Vision 2020, Siemens is on track with the implementation of its concept for the company's strategic realignment. As announced, Siemens has informed its Supervisory Board and the relevant committee of employee representatives regarding the next steps planned in order to improve the company's profitability. These steps include measures to improve profitability at the Power and Gas Division's power generation business as well as a bundle of additional measures for restructuring chronically low-profit businesses. "With the initiation of these measures, the company's structural reorganization has been completed for the most part," said Joe Kaeser, President and CEO of Siemens AG.

• Second-quarter orders up 16%, to €20.8 billion, including large orders in the rail business; on a comparable basis, excluding currency translation and portfolio effects, orders up 7%
• Revenue 8% higher at €18.0 billion, for a book-to-bill ratio of 1.15; revenue flat on a comparable basis
• Industrial Business profit 5% lower, at €1.7 billion, due largely to Power and Gas as expected
• Net income of €3.9 billion, including €1.6 billion, €1.4 billion and €0.2 billion, respectively, on the sale of the hearing aid business, Siemens' stake in BSH Bosch und Siemens Hausgeräte GmbH (BSH) and the hospital information business; resulting in basic earnings per share (EPS) of €4.70

"For business volume, we performed well in our markets. The profitability of our Industrial Business shows that we must still improve some businesses."