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"Siemens Aktiengesellschaft"), also known as Siemens Gesellschaft or simply Siemens, is a German multinational conglomerate and leading global technology company whose principal business is the design, manufacture, integration and supply of electrical equipment and services, as well as the provision of energy. The company is mainly known as an electricity, automation, facility management and digital technology services provider in the industrial, commercial and consumer markets.
Siemens AG currently has subsidiaries in almost 100 countries, and is more than twice the size of its nearest competitor, Siemens AG's annual sales in 2006 were around SEK 67.3 billion (around US$8.37 billion), and its current shareholders' equity is around SEK 155.2 billion (around US$20 billion).[22] Siemens is increasing its efforts in the renewable energy industry.[117][116]
Siemens is ranked as one of the Top 500 Global Companies and the best-performing German company according to Thomson Financial.[84] Siemens employs about 134,000 people worldwide[22] and a yearly revenue of about €55 billion (US$68 billion).[25]
"Siemens Energy & Automation GmbH" is one of the world's largest suppliers of electricity and natural gas-based energy products and services. It reports to the board of Siemens AG, which is headed by Ursula Kamp, Peter Loescher and Joe Kaeser. Siemens Energy & Automation GmbH is majority-owned by Siemens AG.[45] d2c66b5586