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New energy company to be called Siemens Energy

“Climate change is real and a tremendous challenge. The demand for energy is consistently growing. At the same time, it’s imperative that we significantly reduce CO2 emissions. With its portfolio, Siemens Energy will offer innovative and reliable solutions to enable its customers to obtain the best possible energy mix,” said Michael Sen, Co-CEO of Siemens’ Gas and Power Operating Company and the future CEO of Siemens Energy.
Siemens kicked off the naming process for the company in June of this year. Employees, too, could make suggestions for the name. “I think it’s fantastic that Siemens Energy was also the No. 1 name proposed by the employees,” said Sen. “It is an exciting journey,” said Lisa Davis, Co-CEO of Siemens’ Gas and Power Operating Company. “The new Siemens Energy company will be a unique opportunity to shape the future of the world’s energy agenda.” The new company name also reassures customers because it clearly and concisely conveys what Siemens Energy does and what the company stands for.

For this press release

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com .
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Contact

Robin Zimmermann

Siemens AG

Werner-von-Siemens-Straße 1                       
80333 Munich

Germany

+49 (89) 636-22804

Richard Speich

Siemens AG

Werner-von-Siemens-Straße 1                        
80333 Munich 

Germany

+49 (89) 636-30017