Company Report & Profile – Siemens AG 2021
Siemens is a German conglomerate focusing on digitalization and automation in industry, decentralized energy systems, mobility solutions for rail and road transport, medical technology and infrastructure for buildings. The company was founded in 1847 as Telegraphen Bau-Anstalt by Werner von Siemens and Johann Halske in Berlin. Initially, they manufactured telegraphs and railroad bellows in a small workshop, but within a few decades they developed into one of the world’s largest electrical companies. In 1879, Werner von Siemens presented the first electric streetcar and built the world’s first electric streetcar in Berlin at his own expense. In 1896, the first subway on the European continent was built in Hungary. Today, Siemens’ rail transportation activities are bundled in the subsidiary Siemens Mobility.
The report analyses the development of the company in the past years, describes the product portfolio, compiles the key figures, describes the organisation and the management level, names the main strategic decisions and implemented measures. Within the framework of strengths and weaknesses analyses (SWOT analyses), market trends are mapped onto the company’s potential and examined.
The following sources of information are used for the ASTRAN Company Reports:
- annual reports,
- company websites,
- press releases,
- investor presentations,
- analyst ratings,
- ASTRAN Rail Market Data Base.
The ASTRAN Company Reports offer a fundamental insight into the respective company reality and thus create a basis for well-founded entrepreneurial and political decisions. ASTRAN’s many years of industry experience and analytical qualifications allow us to identify existing trends and drivers in the markets and use them to make well-founded forecasts about future company development.
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ASTRAN is an experienced management service provider for technology-oriented companies. With creative strategies, systematic market development and excellent project and process management, we create scope for your sustainable business success.