Siemens Building Technologies

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Siemens Building Technologies
Type Aktiengesellschaft
Industry Energy, Building Automation
Founded October 1, 1998
Headquarters Zug, Switzerland
Area served Worldwide
Key people Johannes Milde (CEO), Heribert Stumpf (CFO)
Products power generation technology, industrial and buildings automation, lighting, home appliances, fire alarms, and many more
Employees 43,979 (September 2011)
Website www.buildingtechnologies.siemens.com

Siemens Building Technologies, Inc. is part of Siemens AG, a global electronics and information technology company. Siemens Building Technologies is active in the field of Building automation systems, fire safety and building security. More than 40’000 employees work for SBT and the Building Technologies Division headquarters which is located in Zug, Switzerland.[1]

History[2]

Siemens Building Technologies resulted from the 1998 acquisition of the industrial activities of Elektrowatt Ltd. (Zurich, Switzerland), Cerberus Ltd. (Männdedorf, Switzerland), and of Staefa Control System Ltd. (Stäfa, Switzerland) by Siemens.

Key Figures[3]

Fiscal Year 2006 Building Comfort Fire Safety Electronic Security Total SBT
Sales (Euro bn) 2'100 1'500 800 4'400
Employees 13'000 9’900 4'600 28'500 incl. not allocated + HQ
Market position No. 2 No. 1 Top 5

Facts and Figures 2011-2012[4]

Fiscal year 2011 (October 1 – September 30) Fiscal year 2012 (October 1 – September 30)
New orders Million euros 5,597 5,809
Revenue Million euros 5,468 5,820
Profit Million euros 364 379
Employees (on 9/30 excl. Trainees) 29,710 29,353

Corporate Division[4]

Since January 2013 the three former Business Units - Control Products and Systems (CPS), Building Automation (BAU) and Fire Safety and Security (FSS) are divided into two business areas.

Control Products & Systems (CPS)

The Business Unit unites the product business of the former units CPS, BAU and FSS and offert products and systems in the areas of

  • HVAC
  • Fire Safety
  • Building Security

Solutions & Service Portfolio (SSP)

The SSP unit offers integrated solutions for specialized areas of application or markets such as data centers, airports or life science.

former business unit Low Voltage Distribution (has been an independent Division since 2011)

Low Voltage Distribution has been a separate division since 2011 and offers electrical distribution equipment and control or power monitoring products

  • Head Business Unit: Andreas Matthé
  • Head Business Administration: Uwe Kiehle

Scandals and negative headlines

Scandal about the merger with Landis and Gyr

In 2002 the Siemens Group sold seven subsidiary companies to the US financial investor Kohlberg Kravis Roberts. Most affected by this sale was the Swiss company Siemens Metering, located in Zug. 160 out of 360 employees lost their jobs. Siemens Metering was the result of the merger between Siemens and Landis & Gyr in 1998.[5] The documentary “Verlorene Welt – Aus dem Innenleben des einstigen Konzerns Landis & Gyr” [6] by Claudia Schmid and Michael van Orsouw involves the subject and had its first performance at the Solothurn Film Festival 2006.

Pension funds scandal

Siemens sharpened 2006 the rules of conduct for its employees as a reaction of the financial scandal about disloyalty and assumed corruption.[7] Peter Rüegg and Siemens Manager Roland Rümmeli found themselves in the sight of the investigations. Rümmeli was accused to have redirected kickbacks to his private accounts. The laid off portfolio manager paid back the illegal drawn money (400’000.00 CHF) to Siemens,.[8][9]

References

  1. ↑ http://www.buildingtechnologies.siemens.com SBT Webpage Division Headquarter
  2. ↑ Siemens Building Technologies Abou Us History Siemens Building Technology
  3. ↑ http://www.siemens.com Presentation, Heinrich Hiesinger (February 2006)
  4. ↑ 4.0 4.1 http://www.buildingtechnologies.siemens.com Presentation (January 2013)
  5. ↑ http://www.videoportal.sf.tv Schweiz aktuell (July 26, 2002)
  6. ↑ http://www.swissfilms.ch Swissfilms Database
  7. ↑ http://www.faz.net Frankfurter Allgemeine (November 24, 2006)
  8. ↑ http://www.stocknews.ch Stocknews (September 8, 2006)
  9. ↑ http://www.tagesanzeiger.ch Tagesanzeiger (November 11, 2006)

External links

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