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Last €96.29 EUR
Change Today -1.96 / -1.99%
Volume 2.8M
SIE On Other Exchanges
EN Amsterdam
As of 1:15 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

siemens ag-reg (SIE) Snapshot

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52 Week High
03/16/15 - €106.35
52 Week Low
10/16/14 - €80.17
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Dividend Yield
Current Stock Chart for SIEMENS AG-REG (SIE)

siemens ag-reg (SIE) Details

Siemens Aktiengesellschaft operates as an electronics and electrical engineering company worldwide. The company’s Power and Gas segment offers gas and steam turbines, generators, compressors, and power plant solutions for gas-fired plants, as well as solutions for power plant I and C, electrical systems, and IT solutions. Its Wind Power and Renewables segment provides wind turbines; and implements turnkey projects for small hydropower plants. The company’s Power Generation Services segment offers service support, maintenance, repairs, replacements, modernizations, and upgrades for gas, steam, and wind turbines, as well as generators, power plants, and compressors; and remote monitoring and diagnostics services. Its Energy Management segment provides facilities and systems for the low-voltage and distribution power grid level, smart grid and energy automation solutions, power supply for industrial plants, and high-voltage transmission systems. The company’s Building Technologies segment offers fire safety, security, building automation, heating, ventilation, and air conditioning solutions, as well as energy management products and services. Its Mobility segment provides operation management systems for rail and road traffic with solutions for airport logistics, postal automation, and traction power supply, as well as rail vehicles for mass transit, regional, and long-distance service. The company’s Digital Factory segment offers integrated hardware, software, and technology-based services for manufacturing companies. Its Process Industries and Drives segment offers automation, drive technology, industrial software, and services. The company also provides commercial finance, insurance, asset management, project and structured finance, venture capital, and treasury services; and medical imaging, laboratory diagnostic, and healthcare IT solutions, as well as holds equity investments. Siemens Aktiengesellschaft was founded in 1847 and is headquartered in Munich, Germany.

341,000 Employees
Last Reported Date: 01/27/15
Founded in 1847

siemens ag-reg (SIE) Top Compensated Officers

Chairman of Managing Board, Chief Executive O...
Total Annual Compensation: €3.2M
Chief Financial Officer, Executive Vice-Presi...
Total Annual Compensation: €1.7M
Chief Technology Officer, Executive Vice-Pres...
Total Annual Compensation: €1.7M
Member of the Managing Board
Total Annual Compensation: €1.7M
Member of Management Board
Total Annual Compensation: €1.7M
Compensation as of Fiscal Year 2014.

siemens ag-reg (SIE) Key Developments

Siemens Opens Centre for Electric Drivetrains in Germany

Siemens has opened a centre to produce electric drivetrains for hybrid and electric cars in Erlangen, Germany. The supplier has invested tens of millions of euro in the new facility, which covers 2,500 square metres, built near the headquarters of the Siemens business division eCar Powertrain Systems. The Erlangen facility can house 400 employees; it features a scalable production line and testing facilities for converters and test environments for electric motors and electromagnetic compatibility. The facility also has a vehicle test bench that can inspect hybrid and electric vehicles with a power output of up to 170 kilowatts and 2,500 Newton metres per wheel.

Siemens Wins Order from Pattern Energy Group Inc

Siemens has been awarded an order from Pattern Energy Group Inc. to supply, support installation and provide long-term service for 65 wind turbines for the Amazon Wind Farm to be located near Fowler, Indiana. Installation of the wind turbines is scheduled to begin in July of this year. The project is expected to start generating power in the fourth quarter of 2015. Siemens Financial Services (SFS) led the construction financing for this project, committing $150 million. SFS’s early involvement in structuring a unique financing solution that other lenders could not provide was integral in closing the order and allowing Pattern to move forward with the project. Siemens also partnered with Pattern Energy to supply 67 Mount Generation Step Up (GSU) Transformers for the Amazon Wind Farm. The project will feature Siemens SWT-2.3-108 wind turbines, each with a power rating of 2.3 megawatts (MW) and 53-meter blades.

Siemens To Sell Operations

Siemens Aktiengesellschaft (DB:SIE) plans to keep most of its 13 underperforming businesses for now and will try to sell a handful of marginal operations, according to sources. Siemens would try to sell three to five small divisions, such as industrial waste water treatment, which require expertise that does not fit with Siemens' electrical competence or operations that will cost too much to fix. The source also said that the core businesses will be restructured. Siemens is also restructuring its power and gas unit.


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