Siemens

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This article is about a German engineering company. For the former Fujitsu-Siemens company,
see Fujitsu Siemens Computers. For other uses, see Siemens (disambiguation).

Siemens AG

Type Aktiengesellschaft

Traded as FWB: SIE

Industry Conglomerate

Founded 12 October 1847; 169 years ago

Berlin, Kingdom of Prussia

Founder Werner von Siemens

Headquarters Berlin and Munich, Germany

Area served Worldwide

Key people Joe Kaeser

(President and CEO since August 1, 2013)
Gerhard Cromme
(Chairman of the Supervisory Board)

Products Power generation technology, industrial and

buildings automation, medical technology, railway
vehicles, water treatment systems, fire alarms, PLM
software

Services Business services, financing, project

engineering and construction

Revenue 79.64 billion (2016)[1]

 Operating 7.40 billion (2016)[1]
income

Net income 5.45 billion (2016)[1]

Total assets 125.72 billion (2016)[1]

Total equity 34.21 billion (2016)[1]

Number of 351,000 (2016)[1]

employees

Divisions Process Industries and Drives, Digital Factory,

Energy Management, Healthineers, Mobility, Power
and Gas, Power Generation Services, Wind Power
and Renewables, Building Technologies

Website www.siemens.com

Siemens AG (German pronunciation: [zimns])[2] is a German conglomerate company headquartered

in Berlin and Munich and the largest manufacturing and electronics company in Europe with branch
offices abroad.
The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities,
which represent the main activities of the company.[3][4][5]The company is a prominent maker of
medical diagnostics equipment and its medical health-care division, which generates about 12
percent of the company's total sales, is its second-most profitable unit, after the industrial automation
division.[6] The company is a component of the Euro Stoxx 50 stock market index.[7]Siemens and its
subsidiaries employ approximately 362,000 people worldwide and reported global revenue of around
75.6 billion in 2015 according to their annual report. The von Siemens family remain the largest
shareholder with a stake of 6.9% percent.

Contents
[hide]

1History

o 1.11847 to 1901

o 1.21901 to 1933

o 1.31933 to 1945

o 1.41945 to 2001
 o 1.52001 to 2011

o 1.62011 to present

2Products, services and contribution

3Operations

o 3.1Research and development

4Joint ventures

5Shareholders

6Senior management

7Controversies

o 7.1Argentina

o 7.2European Union

o 7.3Iran

o 7.4Greece

o 7.5Japan

o 7.6Israel

o 7.7Nigeria

8See also

9References

10Further reading

11External links

History[edit]
1847 to 1901[edit]
Werner von Siemens, co-founder of Siemens & Halske.

Siemens & Halske was founded by Werner von Siemens and Johann Georg Halske on 12 October
1847. Based on the telegraph, their 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 12 October.[8]
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, later Sir
William Siemens, started to represent the company in London. The London agency became a
branch office in 1858. 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.[9]

First electric locomotive, built in 1879 by company founder Werner von Siemens.

In 1867, Werner von Siemens described a dynamo without permanent magnets. A similar system
was also independently invented by Charles Wheatstone, but Siemens became the first company to
build such devices. In 1881, a Siemens ACAlternator 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 running the company to his brother Carl and sons Arnold and Wilhelm. In 1887, it opened its first
office in Japan.[10]
1901 to 1933[edit]
The company built airplanes during World War I, for example this Siemens airplane in 1926.

Siemens & Halske (S & H) was incorporated in 1897, and then merged parts of its activities with
Schuckert & Co., Nuremberg in 1903 to become Siemens-Schuckert. In 1907, Siemens (Siemens &
Halske and Siemens-Schuckert) had 34,324 employees and was the seventh-largest company in the
German empire by number of employees.[11](see List of German companies by employees in 1907)
In 1919, S & H and two other companies jointly formed the Osram lightbulb company.[citation needed]
During the 1920s and 1930s, S & H started to manufacture radios, television sets, and electron
microscopes.[citation needed]
In 1932, Reiniger, Gebbert & Schall (Erlangen), Phnix AG (Rudolstadt) and Siemens-Reiniger-Veifa
mbH (Berlin) merged to form the Siemens-Reiniger-Werke AG (SRW), the third of the so-called
parent companies that merged in 1966 to form the present-day Siemens AG. [12]
In the 1920s, Siemens constructed the Ardnacrusha Hydro Power station on the River Shannon in
the then Irish Free State, and it was a world first for its design. The company is remembered for its
desire to raise the wages of its under-paid workers only to be overruled by the Cumann na
nGaedheal government.[13]
1933 to 1945[edit]

Prisoners around 1944 working at a Siemens factory in KZ Bobrek, a subcamp of Auschwitz concentration
camp.[14]
A Siemens truck being used as a Nazi public address vehicle in 1932

Siemens (at the time: Siemens-Schuckert) exploited the forced labour of deported people
in extermination camps. The company owned a plant in Auschwitz concentration camp.[14][15]
During the final years of World War II, numerous plants and factories in Berlin and other major cities
were destroyed by Allied air raids. To prevent further losses, manufacturing was therefore moved to
alternative places and regions not affected by the air war. The goal was to secure continued
production of important war-related and everyday goods. According to records, Siemens was
operating almost 400 alternative or relocated manufacturing plants at the end of 1944 and in early
1945.
In 1972, Siemens sued German satirist F.C. Delius for his satirical history of the company, Unsere
Siemenswelt, and it was determined much of the book contained false claims although the trial itself
publicized Siemens' history in Nazi Germany.[16] The company supplied electrical parts to Nazi
concentration camps and death camps. The factories had poor working conditions, where
malnutrition and death were common. Also, the scholarship has shown that the camp factories were
created, run, and supplied by the SS, in conjunction with company officials, sometimes high-level
officials.[17][18][19][20]
Siemens businessman and Nazi Party member John Rabe is, however, credited with saving many
Chinese lives during the infamous Nanking Massacre. He later toured Germany lecturing on the
atrocities committed by Japanese forces in Nanking. [21]
1945 to 2001[edit]
In the 1950s, and from their new base in Bavaria, S&H started to
manufacture computers, semiconductor devices, washing machines, and pacemakers.[citation needed] In
1966, Siemens & Halske (S&H, founded in 1847), Siemens-Schuckertwerke (SSW, founded in 1903)
and Siemens-Reiniger-Werke (SRW, founded in 1932) merged to form Siemens AG.[12] In 1969,
Siemens formed Kraftwerk Union with AEG by pooling their nuclear power businesses.[22]

A 1973 Siemens electron microscope on display at the Muse des Arts et Mtiers in Paris.

The company's first digital telephone exchange was produced in 1980. In 1988, Siemens
and GEC acquired the UK defence and technology company Plessey. Plessey's holdings were split,
and Siemens took over the avionics, radar and traffic control businessesas Siemens Plessey.
In 1985, Siemens bought Allis-Chalmers' interest in the partnership company Siemens-Allis (formed
1978) which supplied electrical control equipment. It was incorporated into Siemens' Energy and
Automation division.[23]
In 1987, Siemens reintegrated Kraftwerk Union, the unit overseeing nuclear power business. [22]
In 1991, Siemens acquired Nixdorf Computer AG and renamed it Siemens Nixdorf
Informationssysteme AG, in order to produce personal computers.
In October 1991, Siemens acquired the Industrial Systems Division of Texas Instruments, Inc, based
in Johnson City, Tennessee. This division was organized as Siemens Industrial Automation, Inc., and
was later absorbed by Siemens Energy and Automation, Inc.
In 1992, Siemens bought out IBM's half of ROLM (Siemens had bought into ROLM five years
earlier), thus creating SiemensROLM Communications; eventually dropping ROLM from the name
later in the 1990s.
In 1997, Siemens agreed to sell the defence arm of Siemens Plessey to British Aerospace (BAe)
and a German aerospace company, DaimlerChrysler Aerospace. BAe and DASA acquired the British
and German divisions of the operation respectively.[24]
In October 1997, Siemens Financial Services (SFS) was founded to act as competence center for
financing issues and as a manager of financial risks within Siemens.
In 1998, Siemens acquired Westinghouse Power Generation for more than $1.5 billion from CBS
corp and moving Siemens from third to second the world power generation market. [25]
In 1999, Siemens' semiconductor operations were spun off into a new company called Infineon
Technologies. In the same year, Siemens Nixdorf Informationssysteme AG became part of Fujitsu
Siemens Computers AG, with its retail banking technology group becoming Wincor Nixdorf.
In 2000, Shared Medical Systems Corporation[26] was acquired by the Siemens' Medical Engineering
Group,[27] eventually becoming part of Siemens Medical Solutions.
Also in 2000, Atecs-Mannesman was acquired by Siemens, [28] The sale was finalised in April 2001
with 50% of the shares acquired, acquisition, Mannesmann VDO AG merged into Siemens
Automotive forming Siemens VDO Automotive AG, Atecs Mannesmann Dematic Systems merged
into Siemens Production and Logistics forming Siemens Dematic AG, Mannesmann Demag
Delaval merged into the Power Generation division of Siemens AG. [29] Other parts of the company
were acquired by Robert Bosch GmbH at the same time.[30] Also, Moore Products Co. of Spring
House, PA USA was acquired by Siemens Energy & Automation, Inc.[31]
2001 to 2011[edit]

A Siemens Velaro high speed train in service on the KlnFrankfurt high-speed rail line

In 2001, Chemtech Group of Brazil was incorporated into the Siemens Group; [32] it provides industrial
process optimisation, consultancy and other engineering services.[33]
Also in 2001, Siemens formed joint venture Framatome with Areva SA of France by merging much
of the companies' nuclear businesses.[22]
In 2002, Siemens sold some of its business activities to Kohlberg Kravis Roberts & Co. L.P. (KKR),
with its metering business included in the sale package. [34]
In 2003, Siemens acquired the flow division of Danfoss and incorporated it into the Automation and
Drives division.[35] Also in 2003 Siemens acquired IndX software (realtime data organisation and
presentation).[36][37] The same year in an unrelated development Siemens reopened its office in Kabul.
[38]
Also in 2003 agreed to buy Alstom Industrial Turbines; a manufacturer of small, medium and
industrial gas turbines for 1.1 billion.[39][40] On 11 February 2003, Siemens planned to shorten phones'
shelf life by bringing out annual Xelibri lines, with new devices launched as spring -summer and
autumn-winter collections.[41] On 6 March 2003, the company opened an office in San Jose.[42] On 7
March 2003, the company announced that it planned to gain 10 per cent of the mainland China
market for handsets.[43] On 18 March 2003, the company unveiled the latest in its series of Xelibri
fashion phones.[44]
In 2004, the wind energy company Bonus Energy in Brande, Denmark was acquired,[45]
[46]
forming Siemens Wind Power division.[47] Also in 2004 Siemens invested in Dasan Networks
(South Korea, broadband network equipment) acquiring ~40% of the shares, [48] Nokia
Siemens disinvested itself of the shares in 2008.[49] The same year Siemens acquired Photo-Scan
(UK, CCTV systems),[50] US Filter Corporation (water and Waste Water Treatment Technologies/
Solutions, acquired from Veolia),[51]Hunstville Electronics Corporation (automobile electronics,
acquired from Chrysler),[52] and Chantry Networks (WLAN equipment).[53]
In 2005, Siemens sold the Siemens mobile manufacturing business to BenQ, forming the BenQ-
Siemens division. Also in 2005 Siemens acquired Flender Holding GmbH (Bocholt, Germany,
gears/industrial drives),[54] Bewator AB (building security systems),[55] Wheelabrator Air Pollution
Control, Inc. (Industrial and power station dust control systems), [56] AN Windenergie GmbH. (Wind
energy),[57] Power Technologies Inc. (Schenectady, USA, energy industry software and training),
[58]
CTI Molecular Imaging (Positron emission tomography and molecular imaging systems),[59][60] Myrio
(IPTV systems),[61] Shaw Power Technologoes International Ltd (UK/USA, electrical engineering
consulting, acquired from Shaw Group),[62][63] and Transmitton (Ashby de la Zouch UK, rail and other
industry control and asset management).[64]
In 2006, Siemens announced the purchase of Bayer Diagnostics, which was incorporated into the
Medical Solutions Diagnostics division on 1 January 2007,[65] also in 2006 Siemens acquired
Controlotron (New York) (ultrasonic flow meters)[66][67] Also in 2006 Siemens acquired Diagnostic
Products Corp., Kadon Electro Mechanical Services Ltd. (now TurboCare Canada Ltd.), Khnle,
Kopp, & Kausch AG, Opto Control, and VistaScape Security Systems [68]

Siemens power generating wind turbine towers

In March 2007, a Siemens board member was temporarily arrested and accused of illegally
financing a business-friendly labour association which competes against the union IG Metall. He has
been released on bail. Offices of the labour union and of Siemens have been searched. Siemens
denies any wrongdoing.[69] In April the Fixed Networks, Mobile Networks and Carrier Services
divisions of Siemens merged with Nokia's Network Business Group in a 50/50 joint venture, creating
a fixed and mobile network company called Nokia Siemens Networks. Nokia delayed the
merger[70] due to bribery investigations against Siemens.[71] In October 2007, a court in Munich found
that the company had bribed public officials in Libya, Russia, and Nigeria in return for the awarding
of contracts; four former Nigerian Ministers of Communications were among those named as
recipients of the payments. The company admitted to having paid the bribes and agreed to pay a
fine of 201 million euros. In December 2007, the Nigerian government cancelled a contract with
Siemens due to the bribery findings.[72][73]
Also in 2007, Siemens acquired Vai Ingdesi Automation (Argentina, Industrial Automation), UGS
Corp., Dade Behring, Sidelco (Quebec, Canada), S/D Engineers Inc., and Gesellschaft fr
Systemforschung und Dienstleistungen im Gesundheitswesen mbH (GSD) (Germany). [74]
In July 2008, Siemens AG announced a joint venture of the Enterprise Communications business
with the Gores Group, renamed Unify in 2013. The Gores Group holding a majority interest of 51%
stake, with Siemens AG holding a minority interest of 49%. [75]
In August 2008, Siemens Project Ventures invested $15 million in the Arava Power Company. In a
press release published that month, Peter Lscher, President and CEO of Siemens AG said: This
investment is another consequential step in further strengthening our green and sustainable
technologies. Siemens now holds a 40% stake in the company. [76]
In January 2009, Siemens announced to sell its 34% stake in Framatome, complaining limited
managerial influence. In March, it announced to form an alliance with Rosatom of Russia to engage
in nuclear-power activities.[22]
In April 2009, Fujitsu Siemens Computers became Fujitsu Technology Solutions as a result of Fujitsu
buying out Siemens' share of the company.
In October 2009, Siemens signed a $418 million contract to buy Solel Solar Systems an Israeli
company in the solar thermal power business.[77]
In December 2010, Siemens agreed to sell its IT Solutions and Services subsidiary for 850 million
to Atos. As part of the deal, Siemens agreed to take a 15% stake in the enlarged Atos, to be held for
a minimum of five years. In addition, Siemens concluded a seven-year outsourcing contract worth
around 5.5 billion, under which Atos will provide managed services and systems integration to
Siemens.
2011 to present[edit]
In March 2011, it was decided to list Osram on the stock market in the autumn, but CEO Peter
Lscher said Siemens intended to retain a long-term interest in the company, which was already
independent from the technological and managerial viewpoints.
In September 2011, Siemens, which had been responsible for constructing all 17 of Germany's
existing nuclear power plants, announced that it would exit the nuclear sector following
the Fukushima disaster and the subsequent changes to German energy policy. Chief executive
Peter Lscher has supported the German government's planned Energiewende, its transition to
renewable energy technologies, calling it a "project of the century" and saying Berlin's target of
reaching 35% renewable energy sources by 2020 was feasible. [78]
In November 2012, Siemens acquired the Rail division of Invensys for 1.7 billion. In the same
month, Siemens made the announcement of acquiring a privately held company, LMS International
NV.[79]
In August 2013, Nokia acquired 100% of the company Nokia Siemens Networks, with a buy-out of
Siemens AG, ending Siemens role in telecommunication. [80]
In August 2013, Siemens won a $966.8 million order for power plant components from oil firm Saudi
Aramco, the largest bid it has ever received from the Saudi company.[81]
In 2014, Siemens plans to build a $264 million facility for making offshore wind turbines in Paull,
England, as Britains wind power rapidly expands. Siemens chose the Hull area on the east coast of
England because it is close to other large offshore projects planned in coming years. The new plant
is expected to begin producing turbine rotor blades in 2016. The plant and the associated service
center, in Green Port Hull nearby, will employ about 1,000 workers. The facilities will serve the UK
market, where the electricity that major power producers generate from wind grew by about 38
percent in 2013, representing about 6 percent of total electricity, according to government figures.
There are also plans to increase Britains wind-generating capacity at least threefold by 2020, to 14
gigawatts.[82]
In May 2014, Rolls-Royce agreed to sell its gas turbine and compressor energy business to Siemens
for 1 Billion.[83] In June 2014 Siemens and Mitsubishi Heavy Industries announced their formation of
joint ventures to bid for Alstom's troubled energy and transportation businesses (in locomotives,
steam turbines, and aircraft engines). A rival bid by General Electric (GE) has been criticized by
French government sources, who consider Alstom's operations as a "vital national interest" at a
moment when the French unemployment level stands above 10% and some voters are turning
towards the far-right.[84]
In September 2014, Siemens said it would buy U.S. oilfield equipment maker Dresser-Rand
Group Inc for $7.6 billion.[85]
In November 2016, Siemens announced the acquisition of EDA company Mentor Graphics for $4.5
billion.[86]

Products, services and contribution[edit]

Siemens C651 trains for the Singapore MRT at Ulu Pandan Depot

Siemens offers a wide range of electrical engineering- and electronics-related products and services.
[87]
Its products can be broadly divided into the following categories: buildings-related products;
drives, automation and industrial plant-related products; energy-related products; lighting; medical
products; and transportation and logistics-related products. [87]
Siemens buildings-related products include building-automation equipment and systems; building-
operations equipment and systems; building fire-safety equipment and systems; building-security
equipment and systems; and low-voltage switchgear including circuit protection and distribution
products.[87]
Siemens drives, automation and industrial plant-related products include motors and drives for
conveyor belts; pumps and compressors; heavy duty motors and drives for rolling steel mills;
compressors for oil and gas pipelines; mechanical components including gears for wind turbines and
cement mills; automation equipment and systems and controls for production machinery and
machine tools; and industrial plant for water processing and raw material processing. [87]
Siemens energy-related products include gas and steam turbines; generators; compressors; on- and
offshore wind turbines; high-voltage transmission products; power transformers; high-voltage
switching products and systems; alternating and direct current transmission systems; medium-
voltage components and systems; and power automation products.[87]
Siemens OSRAM subsidiary produces lighting products including incandescent, halogen, compact
fluorescent, fluorescent, high-intensity discharge and Xenon lamps; opto-electronic semiconductor
light sources such as light emitting diodes (LEDs), organic LEDs, high power laser diodes, LED
systems and LED luminaires; electronic equipment including electronic ballasts; lighting control and
management systems; and related precision components.[87]
Siemens medical products include clinical information technology systems; hearing instruments; in-
vitro diagnostics equipment; imaging equipment including angiography, computed tomography,
fluoroscopy, magnetic resonance, mammography, molecular imaging ultrasound, and x-ray
equipment; and radiation oncology and particle therapy equipment. [87] As of 2015, Siemens finalized
the sale of its hearing-aid (hearing instruments) business to Sivantos. [88][89]
Siemens transportation and logistics-related products include equipment and systems for rail
transportation including rail vehicles for mass transit, regional and long-distance transportation,
locomotives, equipment and systems for rail electrification, central control systems, interlockings,
and automated train controls; equipment and systems for road traffic including traffic detection,
information and guidance; equipment and systems for airport logistics including cargo tracking and
baggage handling; and equipment and systems for postal automation including letter parcel sorting.
[87]

Siemens also completed a world record in 2012 for the most electricity generated by bicycles in an
hour. Generating 4,630 watts in an hour in Melbourne, Australia, on December 11, 2012 [90]

A Siemens high-voltage transformer

A Siemens SPECT/CT scanner in operation

A Siemens wind power generator



A Siemens steam turbine rotor

A Siemens train in operation

Bangkok Skytrain built by Siemens

Operations[edit]
Siemens is incorporated in Germany and has its corporate headquarters in Munich. [91] It has
operations in around 190 countries and approximately 285 production and manufacturing facilities.
[91]
Siemens had around 360,000 employees as of 30 September 2011.[91]
Electrification, automation and digitalization are the long-term growth fields of Siemens. In order to
take full advantage of the market potential in these fields, Siemens businesses are bundled into nine
divisions and healthcare as a separately managed business.

Power and Gas

Wind Power and Renewables

Power Generation Services

 Energy Management

Building Technologies

Mobility

Digital Factory

Process Industries and Drives

Financial Services

Healthineers
Research and development[edit]
In 2011, Siemens invested a total of 3.925 billion in research and development, equivalent to 5.3%
of revenues.[91] As of 30 September 2011, Siemens had approximately 11,800 Germany-based
employees engaged in research and development and approximately 16,000 in the rest of the world,
of whom the majority were based in one of Austria, China, Croatia, Denmark, France, India, Mexico,
Slovakia, Sweden, Switzerland, the United Kingdom and the United States. [91] As of 30 September
2011, Siemens held approximately 53,300 patents worldwide.[91]

Siemens' headquarters, Munich (front)

Siemens office building in Munich-Giesing



Siemens-Tower in Berlin-Siemensstadt

"Wernerwerk" (Werner's Factory) in Berlin-Siemensstadt

Wernerwerk II in Berlin-Siemensstadt

Wernerwerk XV in Berlin-Siemensstadt


Siemens office building in Erlangen

Siemens office building in Erlangen

Siemens site in Munich-Perlach

 Siemens Forum Munich

Siemens Gas Turbine Factory, formerly Ruston & Hornsby Pelham Works, Lincoln, England

Joint ventures[edit]
Siemens' current joint ventures include:

Siemens Traction Equipment Ltd. (STEZ), Zhuzhou China, is a joint venture between
Siemens, Zhuzhou CSR Times Electric Co., Ltd. (TEC) and CSR Zhuzhou Electric Locomotive
Co., Ltd. (ZELC). which produces AC drive electric locomotives and AC locomotive traction
components.[92]
Silcar was a joint venture between Siemens Ltd and Thiess Services Pty Ltd until 2013. Silcar is a
3,000 person Australian organisation providing productivity and reliability for large scale and
technically complex plant assets. Services include asset management, design, construction,
operations and maintenance. Silcar operates across a range of industries and essential services
including power generation, electrical distribution, manufacturing, mining and telecommunications. In
July 2013, Thiess took full control.[93][94][95]

OMNETRIC Group, A Siemens & Accenture Company

In 2014, Siemens and Accenture formed a joint venture company called OMNETRIC Group.

Shareholders[edit]
The company has issued 881,000,000 shares of common stock. The largest single shareholder
continues to be the founding shareholder, the Siemens family, with a stake of 6.9%. 62% are held by
institutional asset managers, the largest being two divisions of the world's largest asset
manager BlackRock. 83.97% of the shares are considered public float, however including such
strategic investors as the State of Qatar (DIC Company Ltd.) with 3,04%, the Government Pension
Fund of Norway with 2,5% and the Siemens AG itself with 3,04%. 19% are held by private investors,
13% by investors that are considered unidentifiable. 26% are owned by German investors, 21% by
US investors, followed by the UK (11%), France (8%), Switzerland (8%) and a number of others
(26%).[96]

Senior management[edit]
Chairmen of the Siemens-Schuckertwerke Managing Board (1903 to 1966)[97]
 Alfred Berliner (1903 to 1912)

Carl Friedrich von Siemens (1912 to 1919)

Otto Heinrich (1919 to 1920)

Carl Kttgen (1920 to 1939)

Rudolf Bingel (1939 to 1945)

Wolf-Dietrich von Witzleben (1945 to 1949)

Gnther Scharowsky (1949 to 1951)

Friedrich Bauer (1951 to 1962)

Bernhard Plettner (1962 to 1966)

Chairmen of the Siemens & Halske / Siemens-Schuckertwerke Supervisory Board (1918 to
1966)[97]

Wilhelm von Siemens (1918 to 1919)

Carl Friedrich von Siemens (1919 to 1941)

Hermann von Siemens (1941 to 1946)

Friedrich Carl Siemens (1946 to 1948)

Hermann von Siemens (1948 to 1956)

Ernst von Siemens (1956 to 1966)

Wilhelm von Siemens

Carl Friedrich von Siemens

Chairmen of the Siemens AG Managing Board (1966 to present)[97]

Hans Kerschbaum, Adolf Lohse, Bernhard Plettner (Presidency of the Managing Board)
(1966 to 1967)

Erwin Hachmann, Bernhard Plettner, Gerd Tacke (Presidency of the Managing Board) (1967
to 1968)

Gerd Tacke (1968 to 1971)

Bernhard Plettner (1971 to 1981)

Karlheinz Kaske (1981 to 1992)

Heinrich von Pierer (1992 to 2005)

Klaus Kleinfeld (2005 to 2007)

Peter Lscher (2007 to 2013)

Joe Kaeser (2013 to present)

Heinrich von Pierer

Klaus Kleinfeld

Peter Lscher

Chairmen of the Siemens AG Supervisory Board (1966 to present) [97]

Ernst von Siemens (1966 to 1971)

Peter von Siemens (1971 to 1981)

Bernhard Plettner (1981 to 1988)

Heribald Nrger (1988 to 1993)

 Hermann Franz (1993 to 1998)

Karl-Hermann Baumann (1998 to 2005)

Heinrich von Pierer (2005 to 2007)

Gerhard Cromme (2007 to present)

Managing Board (present day)[98][99]

Joe Kaeser (CEO, 2013 to present)

Roland Busch (CEO Infrastructure & Cities Sector)

Lisa Davis

Klaus Helmrich (Chief Technology Officer)

Janina Kugel

Siegfried Russwurm (CEO Industry Sector)

Ralf P. Thomas (CFO)

Controversies[edit]
Argentina[edit]
In 2014 a former Siemens executive Andres Truppel pleaded guilty to funneling nearly $100 million
in bribes to Argentine government officials to win the ID card project for Siemens. Two months later
Siemens agreed to pay a $1.6 billion penalty to US and German authorities to resolve the case. [100]
European Union[edit]
In January 2007, Siemens was fined 396 million by the European Commission for price fixing in EU
electricity markets through a cartel involving 11 companies, including ABB, Alstom, Fuji
Electric, Hitachi Japan, AE Power Systems, Mitsubishi Electric
Corp, Schneider, Areva, Toshiba and VA Tech.[101] According to the Commission, "between 1988 and
2004, the companies rigged bids for procurement contracts, fixed prices, allocated projects to each
other, shared markets and exchanged commercially important and confidential
information."[101] Siemens was given the highest fine of 396 million, more than half of the total, for its
alleged leadership role in the activity.
Siemens agreed to pay a record $1.34 billion in fines in December 2008[102] after being investigated
for bribery. The investigation found questionable payments of roughly 1.3 billion, from 2002 to 2006
that triggered a broad range of inquiries in Germany, the United States and other countries. [103] In May
2007 a German court convicted two former executives of paying about 6 million in bribes from 1999
to 2002 to help Siemens win natural gas turbine supply contracts with Enel, an Italian energy
company. The contracts were valued at about 450 million. Siemens was fined 38 million. [104]
Iran[edit]
 Nokia Siemens supplied telecommunications equipment to the Iranian telecom company that
included the ability to intercept and monitor telecommunications, a facility known as "lawful
intercept". The equipment was believed to have been used in the suppression of the 2009 Iranian
election protests, leading to criticism of the company, including by the European Parliament. Nokia-
Siemens later divested its call monitoring business, and reduced its activities in Iran. [105][106][107][108][109][110]
Greece[edit]
Siemens has been accused of bribing Greek officials.[111][112][113] In 2008, it was revealed that Siemens
had bribed the two main political parties of Greece for approximately 10 years to be the sole provider
of mechanical and electrical equipment of the Greek state.[citation needed] After the exposure the German
authorities moved to arrest the representatives of Siemens in Greece, who had managed to escape
from the Greek authorities.[114] The German judicial system didn't allow the Greek authorities to cross-
question the representatives.[citation needed] As a result, there wasn't any solid evidence against the corrupt
politicians, who weren't arrested and continue to be active in the Greek political system. [citation
needed]
Meanwhile, the Greek state cancelled the planned business deals.[citation needed] In August 2012, the
Greek government signed a settlement with Siemens for these corruption cases worth 330 million
euros.[115]
The trial of the persons accused of involvement in the scandal began on 24 February 2017. A total of
64 individuals are accused, both Greek and German nationals.[116] The central figure of the scandal
however, ex-Siemens chief executive in Greece Michael Christoforakos, against whom European
arrest warrants are pending[117][118] will likely be absent, as Germany refuses his extradition to this day.
Initially arrested in Germany in 2009, the accusations against him by German courts have been
dropped, and he since lives free in this country.[119][120] Greece has been demanding his extradition
since 2009, and considers him a fugitive from justice.
Japan[edit]
In 1914 the Siemens scandal erupted in Japan over bribes by paid by both Siemens and VIckers to
Japanese naval authorities to win shipbuilding contracts.[121]
Israel[edit]
In 2014 Israeli prosecutors decreed that Siemens should pay US$42.7 million penalty and appoint
an external inspector to supervise its business in Israel in exchange for state prosecutors dropping
charges of securities fraud. According to the indictment, "Siemens systematically paid bribes to
Israel Electric Corporation executives so they would utilize their positions in order to favor and
advance the interests of Siemens".[100]
Nigeria[edit]
Siemens has been found guilty in a bribery scandal in Nigeria too, and fined 201 million by a
Munich court in 2007,[122] and N7 billion to the Nigerian government in 2010. [123]

See also[edit]

Companies portal

Renewable energy commercialization

References[edit]
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Further reading[edit]
Weiher, Siegfried von /Herbert Goetzeler (1984). The Siemens Company, Its Historical Role
in the Progress of Electrical Engineering 18471980, 2nd ed. Berlin and Munich.

Feldenkirchen, Wilfried (2000). Siemens, From Workshop to Global Player, Munich.

Feldenkirchen, Wilfried / Eberhard Posner (2005): The Siemens Entrepreneurs, Continuity

and Change, 18472005, Ten Portraits, Munich.

Greider, William (1997). One World, Ready or Not. Penguin Press. ISBN 0-7139-9211-5.

Margarete Buber: 303f As prisoners of Stalin and Hitler, Frankf / Main, Berlin 1993

See Carola Sachse: Jewish forced labor and non-Jewish women and men at Siemens from
1940 to 1945, in: International Scientific Correspondence, No. 1/1991, pp. 1224; Karl-Heinz
Roth: forced labor in the Siemens Group (1938 -1945). Facts, controversies, problems, in:
Hermann Kaienburg (ed.): concentration camps and the German Economy 19391945 (Social
studies, H. 34), Opladen 1996, pp. 149168; Wilfried Feldenkirchen: 19181945 Siemens,
Munich 1995, Ulrike fire, Claus Fllberg-Stolberg, Sylvia Kempe: work at Ravensbrck
concentration camp, in: Women in concentration camps. Bergen-Belsen. Ravensbrck, Bremen,
1994, pp. 5569; Ursula Krause-Schmitt: The path to the Siemens stock led past the
crematorium, in: Information. German Resistance Study Group, Frankfurt / Main, 18 Jg, No.
37/38, Nov. 1993, pp. 3846; Sigrid Jacobeit: working at Siemens in Ravensbrck, in: Dietrich
Eichholz (eds) War and economy. Studies on German economic history 19391945, Berlin
1999.
 Bundesarchiv Berlin, NS 19, No. 968, Communication on the creation of the barracks for the
Siemens & Halske, the planned production and the planned expansion for 2,500 prisoners "after
direct discussions with this company": Economic and Administrative Main Office of the SS
( WVHA), Oswald Pohl, secretly, to Reichsfhrer SS (RFSS), Heinrich Himmler, dated 20
October 1942.

Karl-Heinz Roth: forced labor in the Siemens Group, with a summary table, page 157 See
also Ursula Krause-Schmitt: "The road to Siemens stock led to the crematorium past over,"
pp. 36f, where, according to the catalogs of the International Tracing Service Arolsen and Martin
Weinmann (eds.).. The Nazi camp system, Frankfurt / Main 1990 and Feldkirchen: Siemens
19181945, pp. 198214, and in particular the associated annotations 91187.

MSS in the estate include Wanda Kiedrzy'nska, in: National Library of Poland, Warsaw,
Manuscript Division, Sygn. akc 12013/1 and archive the memorial I/6-7-139 RA: see also:
Woman Ravensbruck concentration camp. An overall presentation, State Justice Administration
in Ludwigsburg, IV ART 409-Z 39/59, April 1972, pp. 129ff.