Siemens Energy AG - Company Profile
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Siemens Energy AG (Siemens Energy) is a enerygy technology company, which focuses on energy technology and services. The company develops, produces, sells, and installs multi-megawatt wind turbines, gas turbines, gas engines, steam turbines and complete systems. The company offers a range of products and services for power generation, renewable energy, power transmission, power distribution, automation, smart grid, compression and expansion, and mechanical drives. Siemens Energy's major products and services include gas and steam turbines, high-voltage transmission technologies, industrial process solutions, and wind turbines. Siemens Energy also provides solutions related to the production, conversion, and transportation of primary fuels, and oil and gas. It also operates integrated hydrogen power plants. The company serves various industries such as air separation, building complexes, ceramics, chemicals and pharmaceuticals, food and beverage, manufacturing, marine, metals, power, oil and gas, pulp and paper, sugar, and textiles. Siemens Energy is headquartered in Munich, Bavaria, Germany.
Headquarters
Germany
Address
Otto-Hahn-Ring 6, Munich, Baden-Wurttemberg, 81739
Website
www.siemens-energy.com
Telephone
49 89 63600
No of Employees
103,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
ENR (ETR)
Revenue (2024)
$42.3B
13.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
19.5%
(2024 vs 2023)
Market Cap*
$168.8B
Net Profit Margin (2024)
XYZ
5.2%
(2024 vs 2023)
* As of and is in US$
Siemens Energy AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Coils | Smart Grid |
| Generators | Fossil Power Generation |
| Turbines | Renewable Energy |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In January, the company signed a memorandum of understanding with Nextchem to collaborate on advancing energy and material circularity solutions. |
| 2025 | Divestiture | In December, Siemens Gamesa’s onshore wind business in India and Sri Lanka was sold to a TPG and MAVCO-led consortium. |
| 2025 | Contracts/Agreements | In November, the company entered into an agreement to acquire up to 40 GWh of solar power per year from EnBW Energie Baden-Wuerttemberg AG. |
Competitor Comparison
| Key Parameters | Siemens Energy AG | Schneider Electric SE | Vestas Wind Systems AS | Nordex SE | MVV Energie AG |
|---|---|---|---|---|---|
| Headquarters | Germany | France | Denmark | Germany | Germany |
| City | Munich | Rueil-Malmaison | Aarhus | Hamburg | Mannheim |
| State/Province | Baden-Wurttemberg | Haute Normandie | - | Hamburg | Baden-Wurttemberg |
| No. of Employees | 103,000 | 162,970 | 36,973 | 11,113 | 6,649 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joe Kaeser | Chairman | Executive Board | 2020 | 69 |
| Christian Bruch | Chief Executive Officer; President | Senior Management | 2020 | 56 |
| Maria Ferraro | Chief Financial Officer; Member | Senior Management | 2020 | 53 |
| Tim Oliver Holt | Member | Senior Management | 2020 | 57 |
| Karim Amin | Member | Senior Management | 2022 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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