An engineering conglomerate. Traffic control systems of the company are installed by its Israeli representative, Orad Group, on apartheid roads (roads on which only Israelis are allowed to travel) in the Occupied Palestinian Territories, including road no. 5 and 443.
Through its fully owned Israeli subsidiary - Siemens Israel, the company sold 118 passenger coaches to Israel Railways corporation. Apparently, these passenger coaches will be used at the A1 fast train line from Tel Aviv to Jerusalem, which is currently under construction.
The A1 route crosses the Green Line international border in two areas into the occupied West Bank. In some parts the route passes through privately owned Palestinian lands. Any use of occupied Palestinian land and resources for an exclusively Israeli transportation project is illegal by international law.
Main shareholders: The Siemens family (5.58%) and BlackRock (5.01%).
Chairman of Managing Board: Peter H. Löscher
Chief Financial Officer: Joe Kaeser
The company has equity investments in Nokia Siemens Networks, BSH Bosch und Siemens Hausgerate, Krauss-Maffei Wegmann, ELIN, Enterprise Networks Holdings, and GIG Holding.
The company’s subsidiaries in Israel are Robcad, Siemens Concentrated Solar Power, Siemens Israel, Siemens Product Lifecycle Management Software, UGS Israeli Holdings, Arava Power Company, Global Sun Israel and Metropolitan Transportation Solutions.
Tel: 49 69 797 6660
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