Siemens CEO to get second term after contract ends – Handelsblatt
BERLIN (Reuters) – Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in …
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With Heliox purchase, Siemens eyes high growth in truck, bus EV chargers – exec
By Nick Carey LONDON (Reuters) – Siemens expects high double-digit growth in electric chargers for bus fleets and trucks and to be in the top …
Siemens to invest $290 million at three US sites
(Reuters) – Siemens on Friday said it would invest a further $290 million (271 million euros) in the United States across three locations as part …
Siemens and Microsoft to work together on AI project
ZURICH (Reuters) -Siemens and Microsoft on Tuesday announced a joint project to use artificial intelligence to increase productivity and human-machine collaboration. The Siemens Industrial Copilot …
Siemens to invest $30 million to train U.S. EV charger technicians
By Paul Lienert Sep 6 (Reuters) – The Siemens Foundation said on Wednesday it will make a $30-million, 10-year investment in workforce development in the …
Siemens to make solar energy equipment for US market in Wisconsin
(Reuters) – German conglomerate Siemens said on Tuesday it will start producing solar energy equipment in the United States in 2024 through a contract manufacturer …
Siemens Gamesa has fix for onshore wind turbine problem
FRANKFURT (Reuters) – Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the CEO of the group’s wind …
Siemens CEO says customers looking outside China for new investments
ZURICH (Reuters) – Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and Beijing, Chief Executive Roland Busch …
Siemens’ new investment plan to create more than a 1000 jobs – CEO
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over the past two years and …
China industry minister, Siemens CEO discuss digital manufacturing, development
BEIJING (Reuters) – China’s industry minister met Siemens’ chief executive on Wednesday and discussed intelligent manufacturing, digital economy development and the digital transformation of small …
Leonardo, Siemens sign deal to create cybersecurity platform
ROME (Reuters) – Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil …
Siemens stock takes off on guidance upgrade, earnings beat
By John Revill ZURICH (Reuters) – Siemens shares surged on Thursday after the engineering company upped its full year sales and profit guidance and said …
Siemens investors push for simpler group structure to unlock value
ZURICH (Reuters) – Siemens shareholders have called on the engineering company to simplify its structure by selling its stake in Siemens Energy and clarifying its …
Siemens Energy: EU green deal lacks details on implementation
FRANKFURT (Reuters) – Plans by the European Union to loosen state aid rules in order to boost local industry and compete with U.S. support schemes …
Siemens Energy: gas and power business supports optimistic view for 2023
FRANKFURT (Reuters) – Siemens Energy, which supplies equipment to the power sector, expects its business catering conventional energy sources to support its optimistic view for …
Siemens Gamesa to replace head of struggling onshore wind unit – memo
By Isla Binnie (Reuters) – Struggling wind turbine maker Siemens Gamesa will replace the head of its onshore unit due to recent financial losses that …
Siemens Gamesa to cut 2,900 jobs as part of its turnaround
MADRID (Reuters) – Wind turbine maker Siemens Gamesa plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability, …
Gazprom head says ‘sanctions confusion’ means Siemens cannot service Nord Stream 1 -Interfax
MOSCOW (Reuters) -Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy is unable to carry out regular maintenance on equipment for …
Siemens Energy says it has no damage reports from Gazprom on Nord Stream 1 turbines
BERLIN – Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia’s …
Novak says Russia waiting on Siemens, Canada over return of turbine
(Reuters) – Russia must wait and see what Germany’s Siemens Energy and Canada offer in regard to equipment for the Nord Stream 1 gas pipeline, …
Siemens Mobility wins $8.7 billion high-speed rail deal in Egypt
BERLIN – Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its consortium partners to build about 2,000 kilometres …
Siemens Energy not pursuing divestment of Siemens Gamesa for now
FRANKFURT – Siemens Energy is not currently looking at divesting its wind turbine division Siemens Gamesa as part of a strategic review, its Chief Executive …
Siemens Gamesa’s keeps outlook under review as uncertainty persists
MADRID – Wind turbine maker Siemens Gamesa said on Thursday its 2022 outlook remains under review due to both internal and external challenges. It also …
Siemens Healthineers raises 2022 outlook on demand for COVID-19 tests
(Corrects to show revenue rose in second quarter, not first quarter, of 2022 financial year in paragraph 1) BERLIN – U.S.-German medical device maker Siemens …
Biden to boost made-in-America goods as Siemens adds factory jobs
WASHINGTON – U.S. President Joe Biden on Friday will announce requirements for the government to buy more made-in-America goods at a White House event where …
Siemens to sell its 50% stake in the Valeo Siemens e-Automotive joint venture
ZURICH – Siemens has agreed to exit its Valeo Siemens eAutomotive joint venture in a deal which will boost the German company’s profits by around …
Siemens agrees to sell logistics business to Koerber in 1.15 billion euro deal
ZURICH – Siemens has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a purchase price …
Siemens to increase research and development spending – CEO
ZURICH – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch will tell the German engineering group’s …