Siemens

Head office: Siemens Aktiengesellschaft, Werner-von-Siemens-Straße 1, 80333 Munich, Germany Tel: +49-8963600 www.siemens.com



A publicly traded German electronics and industrial engineering conglomerate. The company focuses on the areas of electrification, automation and digitalization.

Traffic control systems of the company were installed on Roads 5 and 443 in the occupied West Bank, as part of an Israeli road system on which Palestinians are forbidden from travelling.  Siemens traffic control systems were also installed on Road 1 at the entrance to the Mishor Adumim settlement industrial zone.

Siemens’ exclusive Israeli representative in the field of traffic control, RS Industries, maintains some of the traffic lights on road 443. RS Industries also won a Jerusalem Municipality tender for the provision of maintenance services to the traffic control systems in two tunnels located beyond the Green line: Levi Eshkol tunnel on Road 60 and Har HaTzofim tunnels on Har HaTzofim Road.

In March 2018, Siemens and the state-owned Israel Railways signed a 3.8 billion NIS contract for the delivery of 60 Desiro HC regional trainsets over a period of ten years. The order includes the maintenance of the first 24 trains over a period of 15 years, the construction of a maintenance workshop in Ashkelon, and further options for maintenance. According to Israel Railways sources, the trains will operate in the Tel Aviv Jerusalem Fast Train (A1). The A1 train route crosses the Green Line into the occupied West Bank in two areas, using occupied Palestinian land, some of it privately owned, for an Israeli transportation project aimed exclusively for Israelis.

Reindeer Energy, a joint venture of Siemens AG and the Phoenix, is building a natural gas powered power plant in the framework of a national infrastructure project. Once completed, the plant will supply up to 1,300 megawatts, around 10% of the current capability of the Israel Electric Corporation, making it the largest private plant operating in Israel. Though situated within the Green Line, the planned power plant is located near the Separation Wall, a short distance from the Palestinian city of Qalqilya in the occupied West Bank.

According to the Qalqilya municipality, Israel did not permit its representatives to submit objections to the plan. Israel approved the appearance of Palestinian representatives before the planning committee a mere two hours before the meeting, making it impossible to obtain permits to enter Israel in time. The committee also refused to receive documents detailing the municipality’s objections.

The municipality argued that the location of the plant in close proximity to residential areas may pose a risk to residents. Additionally, a gas leak may contaminate groundwater used by Qalqilya and surrounding Palestinian towns as a source of drinking water.

Under the Oslo Accords, Israel is required to consult the Palestinian side in the case of plans that directly impact both sides. However, the plan for the power plant was not shared with Palestinians as it was with the Israeli public.

Through another Israeli representative, Orad Group, the company provided equipment and technology to Israel Prison Service (IPS). In 2004, Orad provided a Siemens technology-based perimeter security system to Gilboa prison, a detention center within Israel, designated for Palestinian political prisoners. Siemens fire detection and extinguishing system are installed in IPS facilities.



Ownership

Main shareholders: BlackRock, Inc. (6.22%), Siemens Family Pooling (6.00%) and Siemens Aktiengesellschaft (eigene Aktien / own shares) (5.96%).

The company is publicly traded on the Frankfurt Stock Exchange under the ticker symbol SIE (FWB:SIE).

President and CEO: Joe Kaeser


Subsidiaries

The company has hundreds of subsidiaries worldwide.

Fully owned Israeli subsidiaries: Mentor Graphics (Israel) Limited, Mentor Graphics Development Services (Israel) Ltd., Siemens Concentrated Solar Power Ltd., Siemens Gamesa Renewable Energy Ltd, Siemens HealthCare Ltd., Siemens Industrial Israel Ltd., Siemens Industry Software Ltd., Siemens Israel Ltd., Siemens Israel Projects Ltd., Siemens Mobility Ltd., UGS Israeli Holdings (Israel) Ltd.

Associated Israeli companies and joint ventures: Reindeer Energy Ltd. (33%)


Partners

Israeli representatives: Orad Group, RS Industries

Siemens Dynamo is a Tel Aviv-based innovation program that serves as a commercialization vehicle for startup companies.

All the information contained in this page is valid until Sun 01/11/2020



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