Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of €71.9 billion and net income of €5.5 billion. At the end of September 2014, the company had around 343,000 employees worldwide on a continuing basis.

Primary Company Info

Munich, Germany
Year Founded:
Active Markets:

NC Company Overview

Siemens AG is a multinational German conglomerate company that has the largest industrial manufacturing operations in Europe. It has four main divisions to its business, which comprise the Siemens Healthineers healthcare unit, Industry, Energy and Infrastructure & Cities. The medical division is a market leader in developing and manufacturing medical diagnostics equipment used in hospitals, and is the second largest of its business units after the industrial engineering unit that the brand is perhaps best known for. Siemens AG, based in Munich, Germany was originally founded as Siemens & Halske in 1847, by founders Werner von Siemens and Johann Georg Halske. It built the first long distance telegraph line in Europe, which went from Berlin to Frankfurt. Over the years, the company has been through many iterations and brandings, including acquiring and rebranding Nixdorf Computer AG in the early 90s and rebranding it as Siemens Nixdorf, which later was absorbed into Siemens Energy division. As of May 2019, Siemens AG has over 379k employees worldwide and is listed on the German DAX. It is also one of the companies on the Euro Stoxx 50 stock market index. It had a global revenue of a reported 83 billion EUR in 2018.

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