Last €97.80 EUR
Change Today -0.82 / -0.84%
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As of 3:45 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

siemens ag-reg (SIE) Snapshot

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01/26/15 - €103.30
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10/16/14 - €80.17
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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
Member of Management Board and Acting Chief E...
Total Annual Compensation: €291.2K
Chief Technology Officer, Executive Vice-Pres...
Total Annual Compensation: €1.7M
Member of the Managing Board
Total Annual Compensation: €1.7M
Compensation as of Fiscal Year 2014.

siemens ag-reg (SIE) Key Developments

Siemens to Supply Steam Turbine Generator Units to Kazakhstan

Siemens has received an order for the supply of two steam turbine generator units for the Balkhash coal-fired power plant in Kazakhstan. The two turbines will be used primarily for power generation in the plant, although the plant is also designed for co-generation of heat and power for flexible generation of district heating. Commissioning is scheduled for summer. The Balkhash coal-fired plant is located on the shore of Lake Balkhash in eastern Kazakhstan. Siemens' scope of supply for the order includes two SST5-6000 steam turbines, each with an electrical generating capacity of 660 megawatts (MW), and two generators of type SGen5-3000W, including control systems and all auxiliary and ancillary systems. This plant is characterized by its particularly high fuel efficiency due to co-generation of heat and power.

Siemens to Supply Turbines for Power Plant Project in Michigan, USA

Siemens is supplying two gas turbines and one steam turbine for the Holland Energy Park combined cycle power plant in Holland, Michigan, USA. The plant will generate approximately 125 megawatt (MW) in summer and 145 MW in winter. The local municipal utility, Holland Board of Public Works (HBPW), is replacing a coal-fired plant with a new fuel efficient modern power plant. With the new Siemens technology the CO2-emissions at the site will be reduced by approximately 50 percent. A special feature of this plant is the use of surplus heat from the circulating water system for use in expanding a downtown snowmelt system. Commercial operation of the plant is scheduled for fall 2016. The Holland Energy Park power plant will be built in the City of Holland, which is located in the western region of the Lower Peninsula of the U.S. state of Michigan. Siemens' scope of supply includes two SGT-800 gas turbines and one SST-400 steam turbine. Siemens will also provide a long-term service contract for the SGT-800 gas turbines. The new plant's cogeneration capabilities provide it with an extremely high fuel efficiency level.

Siemens Wins USD 400.2 Million Contract to Expand Dubai's M-Station Power Plant

Siemens has won a USD 400.2 million contract to expand Dubai's M-Station power plant. According to Dubai Electricity and Water Authority (Dewa), the expansion is set to increase the plant's electric generating capacity from 2,060 megawatts to 2,700 megawatts. Dewa added that the expansion would be completed by the end of April 2018.


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