Siemens
German multinational conglomerate company
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| 2024 | Slight revenue decrease to €75.9 billion, but net income further increased to €9.0 billion, with employee count growing to 327,000 |
| June 2024 | ICE 3neo began international service, replacing Class 406 units on routes to Belgium and The Netherlands. |
| May 2024 | The first 'Velaro EGY' high-speed trainset underwent dynamic testing at the Wegberg-Wildenrath circuit in Germany, preparing for delivery later in the year. |
| May 2024 | Siemens announced that Brightline selected them to produce ten seven-car trainsets for the Rancho Cucamonga–Las Vegas route (Brightline West), planned for completion in 2028. |
| March 2024 | Siemens announced the creation of a new £100m digital engineering facility in Wiltshire, UK, aimed at replacing its existing rail infrastructure factory in Chippenham with a new research and development centre, expected to open by 2026. |
| 2023 | Siemens invested €6.1 billion in research and development, with approximately 46,900 employees dedicated to R&D and holding around 43,600 patents worldwide. |
| 2023 | Reported a revenue of €77.7 billion, marking an 8% increase from the previous fiscal cycle. |
| 2023 | Siemens announced a partnership with Nvidia to leverage Nvidia's Omniverse platform with Siemens' 3D design capabilities. |
| 2023 | CEO Roland Busch announced the strategic aim to raise software businesses sales share to 20% in the long term. |
| December 2023 | Siemens shares traded at over US$93 per share, with a market capitalization of US$147 billion. Identified by Ernst & Young as one of only two German companies in the top 100 most valuable companies worldwide. |
| October 2023 | A new seating design for Deutsche Bahn's long-distance fleet debuted on a Class 408 train with line number 17. |
| June 2023 | Siemens launched 'Siemens Xcelerator', an open digital platform housing IoT-enabled hardware, software, and digital services from Siemens and third parties, targeting businesses including small and medium-sized enterprises. |
| May 2023 | Deutsche Bahn increased its Velaro MS order by 17 additional units, bringing the total order to 90 trains. |
| 2022 | Revenue growth to €71.9 billion, though net income decreased to €3.7 billion, with employee count increasing to 311,000 |
| December 2022 | The first Class 408 unit entered revenue service with Deutsche Bahn. |
| May 2022 | Siemens decided to cease its operations in Russia after 170 years due to the war in Ukraine, affecting approximately 3,000 employees and resulting in a second-quarter loss of US$625 million. |
| May 2022 | Egyptian National Railways ordered 41 Velaro eight-car sets as part of a railway development project. |
| February 2022 | The first Velaro MS train was publicly presented by Deutsche Bahn. |
| 2021 | Gradual recovery with revenue increasing to €62.2 billion and net income rising to €6.1 billion, with workforce stabilizing at 295,000 employees |
| 2021 | Siemens Healthineers acquired Varian Medical Systems, an American company specializing in cancer care technologies. |
| 2021 | The last Velaro TR train (code HT80118) arrived in Turkey, completing the contracted train set delivery. |
| December 2021 | The first Velaro MS train (ICE 3neo, DB Class 408) was completed. |
| February 2021 | Roland Busch replaced Joe Kaeser as CEO of Siemens. |
| 2020 | Significant impact from global events, with revenue dropping to €57.1 billion, net income reducing to €4.0 billion, and workforce shrinking to 293,000 employees |
| 2020 | Siemens Energy is spun off from the main corporation. |
| 2019 | Company's revenue increased to €86.8 billion, with a slight decrease in net income to €5.1 billion and workforce growth to 385,000 employees |
| 2019 | Siemens sold its stake in Primetals Technologies to Mitsubishi Heavy Industries. |
| 2019 | The European Commission blocked a proposed merger between Alstom and Siemens Mobility, preventing the creation of a 'European champion' that would have competed with China's CRRC in the rail transportation market. |
| 2019 | Deutsche Bahn requested trains capable of high-speed operation, leading Siemens to offer the Velaro MS (an evolution of the Velaro D) with multi-system capability. |
| 2019 | Initial order for Velaro MS (DB Class 408) placed by Deutsche Bahn, with service entry in 2022 |
| 2019 | Began working with Violet Defense to expand technological capabilities in smart building solutions. |
| 2018 | Siemens reported a revenue of €83.0 billion with a net income of €5.8 billion and employed 379,000 people |
| 2018 | Made multiple significant acquisitions, including Comfy in Oakland, J2 Innovations, and Enlightened smart-building companies. |
| September 2018 | Siemens Building Technologies reported having 28,069 employees worldwide as of September 2018. |
| June 2018 | Siemens announced the Velaro Novo, a next-generation high-speed train concept featuring lightweight construction and reduced aerodynamic drag. |
| April 2018 | A prototype car of the Velaro Novo began running as part of a Deutsche Bahn ICE-S test train. |
| March 1 2018 | Saint Petersburg to Nizhny Novgorod train service was resumed after the temporary discontinuation. |
| 2017 | Siemens Healthineers is spun off as an independent entity. |
| October 2017 | Opened the Siemens Building Technologies CPS Software House in Chicago, a $20 million R&D facility. |
| February 17 2016 | The second Velaro train for TCDD, the first Velaro TR type (code HT80101), arrived in Ankara. This train was later involved in an accident. |
| June 1 2015 | Saint Petersburg to Nizhny Novgorod train service was temporarily discontinued. |
| May 23 2015 | The first Siemens Velaro (Velaro D type train, code HT80001) entered service on the Ankara-Konya high-speed railway route. |
| 2014 | Siemens sold its stake in BSH Hausgeräte to Bosch. |
| 2014 | Siemens formed OMNETRIC Group as a joint venture with Accenture. |
| 2013 | Joe Kaeser becomes Chairman of the Siemens AG Managing Board, serving until 2021. |
| 2013 | The photonics business Osram is spun off from Siemens. |
| 2013 | TCDD concluded four contracts with Siemens for the acquisition of 19 Velaro TR train units, with a total contract value of €685 million. The contracts included provisions for maintenance, cleaning, and a simulator. |
| August 2013 | Nokia acquired 100% of Nokia Siemens Networks, buying out Siemens AG and ending Siemens' role in telecommunications. |
| July 2013 | Thiess took full control of the Silcar joint venture, ending Siemens' involvement. |
| December 19 2011 | Siemens signed an order for an additional eight Velaro RUS train sets to expand services and create new routes in the Russian railway system. |
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