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Press Release: Mitsubishi-Hitachi Metals Machinery to Acquire
Joint Press Release Press by Siemens and Mitsubishi Heavy Industries Munich, October 1, 2019 Mitsubishi-Hitachi Metals Machinery to acquire Siemens’ stake in Primetals Technologies • MHMM to become sole owner of Primetals Technologies • Closing expected by early calendar year 2020 • Financial details not disclosed Mitsubishi-Hitachi Metals Machinery (MHMM) – an MHI group company – and Siemens AG reached agreement on September 30, 2019, that MHMM will acquire Siemens’ 49 percent stake in Primetals Technologies. Closing of the transaction is subject to customary conditions and is expected by early 2020. Siemens will support the process to ensure a successful closing of the transaction. Following closing, MHMM will assume sole control of Primetals Technologies. Financial details of the transaction were not disclosed. Primetals Technologies was established in January 2015 and grew out of a long history of innovation in the field of metals production established by its predecessor entities, Mitsubishi-Hitachi Metals Machinery and Siemens VAI. Primetals Technologies is a worldwide leading engineering, plant-building, and lifecycle services partner for the metals industry offering a complete technology, product, and service portfolio that includes integrated electrics, automation, and environmental solutions. Its creation was a result of the desire to closely collaborate in the field of metals machinery and develop an enterprise between MHI and Siemens that would Siemens AG Mitsubishi Heavy Industries Werner-von-Siemens-Straße 1 2-3, Marunouchi 3-chome, Chiyoda-ku 80333 Munich Tokyo, 100-8332 Germany Japan Reference number: PR201909305390EN Page 1/4 Joint Press Release by Siemens and Mitsubishi Heavy Industries be renowned for its technical and business excellence. -
Today's Challenges. Tomorrow's Opportunities
See page 215 for more information. Today’s Challenges. Tomorrow’s Opportunities. The World’s Largest Annual Steel Conference and Exposition TECHNICAL CONFERENCE 550+ Presentations Learn about cutting-edge processes and technological advancements that power today’s progressive industry. Plant Tours See the latest technology and industry processes up close with tours of: • ArcelorMittal Cleveland SOLD OUT • Charter Steel – Cleveland • TimkenSteel Corp. – Faircrest Plant Plant tours typically sell out, so reserve your spot early. REGISTRATION Full Conference Member US$650 Non-Member US$850* Register by 13 April 2015 and save up to US$100 on One-Day Conference Member US$475 Non-Member US$675* full conference or one-day registration. Exposition Only Member FREE Non-Member US$50 *Includes AIST membership AISTech.org EXPOSITION 500+ Exhibitors With 245,000 sq. ft. (22,760 m2) of exhibit space, AISTech 2015 is your opportunity to develop your contacts and promote your business with the individuals who specify, purchase, design and operate a variety of plants and facilities all over the world. Contact [email protected] to reserve your exhibit space and sponsorships today. Lodging AIST has reserved a block of rooms at several hotels in downtown Cleveland. We strongly encourage you to reserve your hotel room well in advance. The block sells out quickly! Reserve your room today at AISTech.org. NETWORK 8,000 Global Industry Professionals Strengthen your network by interacting with your steel industry peers during AISTech’s numerous events, programs and exposition. 550+ Presentations Visas Learn about cutting-edge processes and technological AIST provides letters of invitation to registered international advancements that power today’s progressive industry. -
Siemens Share Price
Siemens share price Stock market trend (XETRA closing prices, Frankfurt, in euros) indexed Low: 32.05 High*: 68.60 200 Siemens 180 DAX Dow Jones Stoxx 160 140 120 100 80 Nov. Jan. March May July Sept. Nov. Jan. 2003 2004 *as of January 19, 2004 Key figures – Fiscal 2003 in billions of euros Percentage 2003 2002 change Net income 2.445 1.661* + 47 Group profit 4.295 3.756 + 14 New orders 75.056 86.214 -5** Sales 74.233 84.016 -4** Net cash provided by operating activities 5.712 5.564 + 3 * excl. €936 million from sales of Infineon shares ** Adjusted for currency effects and portfolio activities Employees (I) 2003* 2002* Change Worldwide 417,000 426,000 - 9,000 Germany 170,000 175,000 - 5,000 Outside 247,000 251,000 - 4,000 Germany * September 30 Employees (II) 2% reduction worldwide Success in training and placement 5,000 new hires in Germany 12,000 in training programs Operation 2003 (I) 8 of 9 Groups Margin targets achieved targets Q4 03 FY 03 Target PG Power Generation 11.3 16.8 10 – 13 Med Medical Solutions 14.0 15.1 11 – 13 A&D Automation & Drives 10.5 9.6 11 – 13 Osram 10.3 9.8 10 – 11 PTD Power Transmission and Distr. 7.4 6.1 5 – 7 TS Transportation Systems 5.5 6.0 5 – 7 SV Siemens VDO Automotive 5.8 5.0 5 – 6 SFS* Siemens Financial Services 20.5 24.9 18 – 22 SBT Siemens Building Technologies 2.7 2.0 7 – 9 *) Return on shareholders' equity before income taxes Operation 2003 (II) Power Generation Demag Delaval successfully integrated Alstom industrial turbines round out product range Offerings for oil & gas industry expanded Operation -
Joint Venture of Mitsubishi Heavy Industries and Siemens Starts Operations
Joint Press Release Press by Mitsubishi Heavy Industries and Siemens Munich and Tokyo, January 7, 2015 Joint Venture of Mitsubishi Heavy Industries and Siemens starts operations Mitsubishi Heavy Industries, Ltd. (MHI) and Siemens AG today announced the closing of their joint venture in the field of metallurgical industry. The new company is named Primetals Technologies, Limited and headquartered in London, UK. With this joint venture both partners are forming a globally operating complete provider for plants, products and services for the iron, steel and aluminum industry. Mitsubishi-Hitachi Metals Machinery, Inc. - an MHI consolidated group company with equity participation by Hitachi, Ltd. and IHI Corporation - holds a 51-percent and Siemens a 49-percent stake in the joint venture. With closing of the transaction, the joint venture will start operations with 9,000 employees coming from both partners. Shunichi Miyanaga, President and CEO of Mitsubishi Heavy Industries: “MHI and Siemens have been sharing extremely favorable “chemistry” in their corporate cultures, and each of them has different areas of strength in terms of both products and geographic regions, and therefore we stand to benefit significantly from synergy merits. By joining forces, we will be able to provide customers with even better solutions than ever before. ” Joe Kaeser, President and CEO of Siemens: “With Mitsubishi Heavy Industries, we have a trusted partner with an outstanding technology portfolio. Primetals Technologies’ customers can rely on a powerful global player offering world-leading technologies. With this move we further execute on Siemens Vision 2020 to Siemens AG Mitsubishi Heavy Industries, Ltd. Wittelsbacherplatz 2 16-5, Konan 2-chome, 80333 Munich Minato-ku, Tokyo 108-8215 Japan Germany Reference number: PR2015010088COEN strengthen our core activities”. -
Top 500 Beschäftigten Stabil
TRENDTHEMA Die 500 größten UNTERNEHMEN INHALT COMEBACK » Erstaunlich gutes Jahr 2020 trotz Coronakrise. TENDENZ » Große Unternehmen weniger betroffen als kleine. UMSATZ » Rund 40 % mit Zuwächsen gegenüber 2019. MITARBEITER » Zahl der bei den Top 500 Beschäftigten stabil. TREND-TABELLE » Die Ränge 1 bis 500 im Überblick. Tren21_TOP500_für-online-PDF_Deckblatt.indd 1 11.06.21 13:09 Programmierung: RJ Partner GmbH TOP 500: die größten Unternehmen Österreichs RANKING. Das Coronajahr 2020 stellte für viele Unternehmen eine absolute Ausnahmesituation dar. In Summe kamen die TOP 500 Gastronomie oder Events, konnten viele aber überraschend gut durch die Krise. Die gesamte Liste von österreichische Firmen die herben Rück- gänge vor allem im zweiten Quartal 2020 der Nummer ein bis Rang 500 sehen Sie hier auf trend.at. teilweise oder ganz aufholen. Gar nicht so wenige haben in der Pandemie sogar MGEKEHRTE VORZEICHEN: Im wiegend bei den Unternehmen direkt er- massiv zugelegt: die Münze Österreich, vergangenen Jahr, als das TOP- folgt, diesmal ein bisschen schwieriger. die Spar-Gruppe, der Pistolenhersteller U 500-Ranking die Geschäftszahlen Manche wollten – nicht ganz unverständ- Glock oder die cargo-partner Group – um von 2019 repräsentierte, wies der trend an lich – die Werte für ein völlig untypisches nur ein paar Beispiele zu nennen. dieser Stelle darauf hin, dass das außeror- Geschäftsjahr nur ungern melden. Bei 284 Unternehmen der TOP 500 dentlich gute Bild, das sich offenbarte, mit manchen sorgten krisenbedingte Sonder- mussten 2020 gegenüber dem Jahr davor der Lage zum Erscheinungszeitpunkt – effekte für Verzögerungen oder sie hat- Umsatzeinbußen hinnehmen, immerhin Mitte Juni 2020 – längst nichts mehr zu ten – ebenfalls nachvollziehbar – schlicht 211 konnten jedoch Umsatzsteigerungen tun hatte. -
Primetals Technologies Receives Final Acceptance for New Heavy Downcoiler at Ilyich Steel in Ukraine
Press London, March 18, 2021 Primetals Technologies receives final acceptance for new heavy downcoiler at Ilyich Steel in Ukraine · Installation of new 3-roller type downcoiler · Extension of product mix and product range · Increased productivity due to higher coil weight of up to 32 tons In late February, 2021 Primetals Technologies has received the final acceptance certificate for a new downcoiler installed at PJSC “Ilyich Iron and Steel Works of Mariupol” (Ilyich Steel), Ukraine. With this new hydraulic downcoiler Ilyich Steel extended its product range while improving coil telescopicity and winding density. The maximum coil weight was increased from 27 to 32 tons and the strip thickness from 8 to 16 mm at a hot yield stresses up to 400 MPa. This opens the future opportunity to expand the production range to high-strength steel grades and grades for gas and oil industry. Primetals Technologies was responsible for basic and detail engineering, supply of all mechanical, hydraulic and electrical equipment for the new carry over table, side guides, pinch-roll unit, 3-roller type downcoiler and coil stripper car inclusive level 1 automation. The supervision of installation and commissioning as well as training of the operation and maintenance personnel was also done by Primetals Technologies. This project was the next milestone in the long-term partnership between Metinvest and Primetals Technologies to further improve competitiveness of the plant in Mariupol, after implementation of continuous casting machine No. 4 at MMKI in 2018 and the major upgrade of the roughing and finishing mill of HSM 1700 in 2020. The hot strip mill has a rated capacity of 2.5 million metric tons per year and processes slabs in a thickness range of 170 to 250 mm, producing strips which thicknesses between 1.2. -
2013 Customer Success Stories
Customer Success Stories 2013 Edition Stories Success Customer Customer Success Stories Proven Solutions for Every Industry ICONICS World Headquarters 100 Foxborough Blvd. Foxborough, MA 02035 Tel: 508 543 8600 Email: [email protected] ICONICS Europe ICONICS Asia Czech Republic Australia Tel: 420 377 183 420 Tel: 61 2 9727 3411 Email: [email protected] Email: [email protected] France China Tel: 33 4 50 19 11 80 Tel: 86 10 8494 2570 Email: [email protected] Email: [email protected] Germany India Tel: 49 2241 16 508 0 Tel: 91 22 67291029 Email: [email protected] Email: [email protected] Italy Tel: 39 010 46 0626 ICONICS UK Email: [email protected] United Kingdom Tel: 44 1384 246 700 Netherlands Email: [email protected] Tel: 31 252 228 588 Email: [email protected] WWW.ICONICS.COM Visualize YourYour Enterprise™Enterprise™ Customers & Partners Featured ICONICS Thanks Our Loyal Customers from Around the World ICONICS is a leading provider of award-winning real-time visualization, SCADA and operational management software for manufacturing intelligence and building automation. ICONICS software delivers significant cost reductions in design, building, deployment and maintenance for a wide variety of manufacturing companies, building owners and government organizations. ICONICS solutions have helped our users to be more agile and productive and to achieve sustained profitability. Our products are installed in over 250,000 applications worldwide, continuously delivering value to more than 70% of the Fortune 1000. © 2013 ICONICS, Inc. All rights reserved. Specifications are subject to change without notice. AnalytiX and its respective modules are registered trademarks of ICONICS, Inc. -
Annual Report 2004 2
s Annual Report 2004 2 Contents 4 let t er to our shareholders 13 at a glance 18 business areas 28 siemens one 32 report of the supervisory board 40 Corporate Governance Report 48 Compensation Report 54 information for shareholders * 56 Management’s discussion and analysis 96 Consolidated financial statements 174 Statement of the Managing Board 175 Independent auditors’ report 178 Supervisory Board 180 Managing Board 186 Siemens financial calendar corporat e structure ** * With separate table of contents ** See foldou2004t inside back cover. 3 Siemens – a global network of innovation comprising more than 400,000 people – offers innovative products, solutions and services spanning the entire field of electronics and electrical engineering. Our innovations are shaping tomorrow’s world, giving our cus- tomers a competitive edge and improving the lives of people every- where. We aim to capture leading market positions in all our busi- nesses and to achieve profitable growth now and in the future. Our success is based on a well-focused business portfolio, a truly global presence and an international workforce of highly qualified and highly motivated managers and employees. key figures in millions of euros 2004 (1) 2003 (1) New orders 80,830 75,056 Sales 75,167 74,233 Net income 3,405 2,445 Effects related to Infineon share sale and a goodwill impairment(2) 403 3,002 Net cash from operating and investing activities 3,262 1,773 Research and development expenses 5,063 5,067 Shareholders’ equity (September 30) 26,855 23,715 Employees (September 30, in thousands) 430 417 (1) Fiscal year: October 1 to September 30 (2) Pretax gain of €590 million on sale of Infineon shares plus related €246 million reversal of deferred tax liability, less a goodwill impairment of €433 million. -
Ausgabe 01/2006
01 _Together_0106.indd 3 06.04.2006 13:52:27 Uhr Gewinnspiel Inhalt Editorial Gewinnen Sie mit together! Inhalt Stilvolle Tage in Prag 4 Cover: Auf den Megatrends surfen Liebe Mitarbeiterinnen, Brigitte Ederer, Vorstandsvorsitzende von Die Goldene Stadt Prag ist eine Reise wert. Beginnen Sie Siemens Österreich, beschreibt ihre Vorstel- liebe Mitarbeiter Ihren Rundgang mit der weltberühmten Burg, besich- lungen von der Zukunft des Unternehmens, tigen Sie die Paläste und faszinierenden Jugendstil- Eine neue Chefin – das ist für viele Siemens- das zur vitalen Denkfabrik werden soll. bauten, lassen Sie sich von den Vorführungen auf der MitarbeiterInnen ein Grund nachzudenken, 8 Die Folgen des Hydro-Verkaufs Karlsbrücke bezaubern, entspannen Sie in einem Alt- was sich nun ändern wird, wie Siemens Was sich für PTD/PG und SAT durch den stadtcafé, und genießen Sie die Atmosphäre der Klein- Österreich in einigen Jahren aussehen wird. seite (Mala Strana). Am besten wohnen können Sie Verkauf der Hydro ändert. Ich habe eine klare Vorstellung von Siemens im Crowne Plaza Prague, das selbst ein nationales Bau- 10 Gelungener Start Österreich im Jahr 2010. Wir wollen bis denkmal ist, mitten im Botschafterviertel in unmittel- Die Industriebereiche von Siemens Elin dahin ein Unternehmen sein, das in einem barer Nähe zur Prager Burg. profitieren bereits von der Integration. zentraleuropäischen Wirtschaftsraum mit 65 Mio. Einwohnern agiert, als wäre dieser 12 Aufbruch in eine neue Struktur Raum ein Land. Ich werde in den nächsten Das Gebäudeprojektgeschäft wird zu einem Jahren von Ihnen verlangen, Grenzen in den eigenen Unternehmen. Köpfen zu beseitigen, auch zwischen den 14 Nummer 1 am Markt 12 Bereichen. -
Siemens Management Innovation at the Corporate Level Case Study Reference No 310-114-1
Siemens Management Innovation at the Corporate Level Case study Reference no 310-114-1 This case was written by Dr Markus Menz and Professor Dr Guenter Mueller-Stewens, University of St Gallen, Switzerland. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The case was written with the support of a Philip Law Scholarship awarded by ecch. The case was made possible by the co-operation of Siemens AG and from published sources. © 2010, University of St Gallen, Switzerland. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner. Distributed by ecch, UK and USA North America Rest of the world www.ecch.com t +1 781 239 5884 t +44 (0)1234 750903 ecch the case for learning All rights reserved f +1 781 239 5885 f +44 (0)1234 751125 Printed in UK and USA e [email protected] e [email protected] 310-114-1 MARKUS MENZ GÜNTER MÜLLER-STEWENS SIEMENS: MANAGEMENT INNOVATION AT THE CORPORATE LEVEL INTRODUCTION At the Annual Shareholders’ Meeting in February 1998, Siemens announced disappointing overall results for fiscal 1997. While the firm’s sales growth met shareholder expectations, net income remained largely stable. During the following weeks and months, Siemens’ top management not only faced increased pressure from its shareholders, but also higher environmental uncertainty and stronger global competition than during the early and mid-1990s. The challenge for the top management team was to optimize the business portfolio in a way that promised to add substantial shareholder value over the next years. -
Siemens Annual Report 2018
Annual Report 2018 siemens.com Table of contents . A B C Combined Management Report Consolidated Financial Statements Additional Information A.1 p 2 B.1 p 62 C.1 p 132 Organization of the Siemens Group Consolidated Statements Responsibility Statement and basis of presentation of Income C.2 p 133 A.2 p 3 B.2 p 63 Independent Auditor ʼs Report Financial performance system Consolidated Statements of Comprehensive Income C.3 p 139 A.3 p 6 Report of the Supervisory Board Segment information B.3 p 64 Consolidated Statements C.4 p 144 A.4 p 18 of Financial Position Corporate Governance Results of operations B.4 p 65 C.5 p 157 A.5 p 21 Consolidated Statements Notes and forward- looking Net assets position of Cash Flows statements B.5 p 66 A.6 p 22 Financial position Consolidated Statements of Changes in Equity A.7 p 26 B.6 p 68 Overall assessment of the economic position Notes to Consolidated Financial Statements A.8 p 28 Report on expected developments and associated material opportunities and risks A.9 p 40 Siemens AG A.10 p 43 Compensation Report A.11 p 57 Takeover-relevant information A. Combined Management Report A.1 Organization of the Siemens Group and basis of pr esentation Siemens is a technology company with core activities in the fields Non-financial matters of the Group of electrification, automation and digitalization and activities and Siemens AG in nearly all countries of the world. We are a leading supplier of Siemens has policies for environmental, employee and social power generation, power transmission and infrastructure solu- matters, for the respect of human rights, and anti-corruption and tions as well as automation, drive and software solutions for in- bribery matters, among others. -
Solutions for Airports
Solutions for Airports Cleared for take off. Siemens Airports Flight security – currently the topic on everyone’s lips and a highly controversial one at that. Safety on the ground and in the air is top of every list of priorities. And a lot of hard work is going on behind the scenes to guarantee it. All over the world, airport security regulations are stricter than ever before. Complying with them demands a partner who is thoroughly familiar with all the ins and outs of air traffic. A partner with the expertise to integrate all essential activities in a powerful network. Proof that safety and cost-effectiveness in the aviation industry are not mutually exclusive. Siemens Airports – your partner for airport solutions A task that we are glad to shoulder at Siemens Airports. Firmly embedded in Siemens, we can provide you with all the benefits of one of the world’s leading suppliers of electrical engineering and electronics technology while being able to tap into the huge potential that a global organization has to offer. This potential as well as the innovativity and the extensive know-how of Siemens Airports benefits all aspects of airport ground traffic. As an experienced and capable partner, we know all the technical and logistical aspects of airport solutions and have been equipping airlines, airports, and flight safety authorities for decades. For projects large or small, we can assume turnkey responsibility for the construction of a complete airport or supply just the runway lighting system. Or the flight safety technology. Or the information technology. Or the communications technology.