Siemens Net Worth is$92 B
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Company Name: Siemens AG
Company Type: Aktiengesellschaft
Traded As: SIE, SI
Founder: Werner von Siemens
Foundation: 1847/10/01 (Berlin)
Location: Munich, Germany
Area Served: Worldwide
Key People: Peter Löscher,
Industry: Conglomerate (company)
Products: Communication systems, power generation technology, industrial and buildings automation, lighting, medical technology, Trains, water treatment systems, home appliances, fire alarms, Siemens PLM Software
Services: Tertiary sector of the economy, financing, project engineering and construction
Revenue: Euro73.52 billion (2011) Operating Income: €7.958 billion (2011) Net Income: €6.145 billion (2011) Assets: €104.24 billion (2011) Equity: €31.53 billion (2011) Num Employees: 370,000 (2011) Divisions: Industry, Energy, Healthcare, Infrastructure and Cities
Siemens AG (German pronunciation: [E?ziE?mE?ns]) is a German multinational engineering and electronics conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company.
Siemens' principal activities are in the fields of industry, energy, transportation and healthcare. It is organized into five main divisions: Industry, Energy, Healthcare, Infrastructure & Cities, and Siemens Financial Services (SFS). Siemens and its subsidiaries employ approximately 360,000 people across nearly 190 countries and reported global revenue of approx 73.5 billion euros for the year of 2011. Siemens has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the New York Stock Exchange.
Siemens & Halske was founded by Werner von Siemens on 12 October 1847. Based on the telegraph, his invention used a needle to point to the sequence of letters, instead of using Morse code. The company, then called Telegraphen-Bauanstalt von Siemens & Halske, opened its first workshop on October 12.
In 1848, the company built the first long-distance telegraph line in Europe; 500 km from Berlin to Frankfurt am Main. In 1850 the founder's younger brother, Carl Wilhelm Siemens started to represent the company in London. In the 1850s, the company was involved in building long distance telegraph networks in Russia. In 1855, a company branch headed by another brother, Carl Heinrich von Siemens, opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European (Calcutta to London) telegraph line.
In 1881, a Siemens AC Alternator driven by a watermill was used to power the world's first electric street lighting in the town of Godalming, United Kingdom. The company continued to grow and diversified into electric trains and light bulbs. In 1890, the founder retired and left the company to his brother Carl and sons Arnold and Wilhelm.
Siemens & Halske (S & H) was incorporated in 1897, and then

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Siemens Latest News

Russian Court Rejects Siemens Claim Over Turbine Transfer To Crimea

A Russian court has rejected a claim by German conglomerate Siemens that the sale of power turbines that were delivered to Ukraine's Russian-occupied Crimea region was invalid. The Moscow Arbitration Court rejected a reversal of the deal in a December 14 ...
Posted: December 14, 2017, 4:47 am

Avalanche's Duncan Siemens: Sent down to minors

Siemens was demoted to AHL San Antonio on Wednesday. Siemens heads back to the Rampage having logged just 6:58 of ice time in one game during his stint in the NHL. Rather than having him watch from the press box, the team will see him suit up in the minors ...
Posted: December 13, 2017, 11:51 am

Siemens and Rotan Power sign agreement for power plant project in Ghana

Memorandum of Understanding for combined cycle power plant with a capacity of 660 megawatts Total investment volume of more than $500 million In order to help Ghana meet its industrialization targets, Siemens ( and Rotan Power (www ...
Posted: December 14, 2017, 5:05 am
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