This article is about the German conglomerate. For other uses, see Siemens (disambiguation).
Siemens AG
Headquarters in Munich
Company type
Public (Aktiengesellschaft)
Traded as
FWB: SIE
DAX component
ISIN
DE0007236101
Industry
Conglomerate
Predecessors
Siemens & Halske
Siemens-Schuckert
Siemens-Reiniger-Werke
Founded
1 October 1847; 176 years ago (1847-10-01) Berlin, Kingdom of Prussia
Founder
Werner von Siemens
Headquarters
Munich, Germany[1]
Area served
Worldwide
Key people
Roland Busch (CEO) Jim Hagemann Snabe (Chairman)
Products
industrial automation, drive technology, building technology, energy technology, financial services, medical technology, mobility solutions, software
Revenue
€77.769 billion (2023)[2]
Operating income
€11.201 billion (2023)[2]
Net income
€8.529 billion (2023)[2]
Total assets
€145.067 billion (2023)[2]
Total equity
€53.060 billion (2023)[2]
Owner
Siemens family (6.9%)
Number of employees
320,000 (2023)[2]
Divisions
Siemens Digital Industries
Siemens Smart Infrastructure
Siemens Mobility
Siemens Financial Services
Website
siemens.com
Siemens AG (German pronunciation:[ˈziːməns]ⓘ[3][4][5]or[-mɛns][5]) is a German multinational technology conglomerate. Its operations encompass automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, rail transport solutions, as well as health technology and digital healthcare services.[6] Siemens is the largest industrial manufacturing company in Europe,[7] and holds the position of global market leader in industrial automation and industrial software.[8]
The origins of the conglomerate can be traced back to 1847 to the Telegraphen Bau-Anstalt von Siemens & Halske established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023.[6] The company is a component of the DAX and Euro Stoxx 50 stock market indices.[9] As of December 2023, Siemens is the second largest German company by market capitalization.[10]
As of 2023, the principal divisions of Siemens are Digital Industries, Smart Infrastructure, Mobility and Financial Services, with Siemens Mobility operating as independent entity. Major business divisions that were once part of Siemens before being spun off include semiconductor manufacturer Infineon Technologies (1999), Siemens Mobile (2005), Gigaset Communications (2008), the photonics business Osram (2013), and Siemens Energy (2020).
^ abcdef"Earnings Release and Financial Results Q4 FY 2023". press.siemens.com. Retrieved 16 November 2023.
^Dudenredaktion; Kleiner, Stefan; Knöbl, Ralf (2015) [First published 1962]. Das Aussprachewörterbuch [The Pronunciation Dictionary] (in German) (7th ed.). Berlin: Dudenverlag. ISBN 978-3-411-04067-4.
^Krech, Eva-Maria; Stock, Eberhard; Hirschfeld, Ursula; Anders, Lutz Christian (2009). Deutsches Aussprachewörterbuch [German Pronunciation Dictionary] (in German). Berlin: Walter de Gruyter. ISBN 978-3-11-018202-6.
^ abWells, John C. (2008). Longman Pronunciation Dictionary (3rd ed.). Longman. ISBN 9781405881180.
^ ab"Siemens Report for Fiscal 2022" (PDF). Siemens. Retrieved 30 January 2022.
^Sachgau, Oliver (7 November 2019). "Siemens Quarterly Profit Surge Comes With Cautious Outlook". Bloomberg.com. Retrieved 7 November 2019.
^Höpner, Axel. "Siemens: Chef Roland Busch sieht enormes Potenzial in den USA". Handelsblatt (in German). Retrieved 7 July 2023.
^Frankfurt Stock Exchange Archived 19 November 2015 at the Wayback Machine
^"Apple bleibt wertvollstes Unternehmen: SAP und Siemens in den Top 100". FAZ.NET (in German). 29 December 2023. ISSN 0174-4909. Retrieved 29 December 2023.
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