Siemens Financial Services
Encyclopedia
Siemens AG
Siemens AG is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company....
. The company’s global headquarters is in Munich
Munich
Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. The Financial Services division of Siemens (SFS) offers international financing solutions in the business-to-business area. Financial Services serves Siemens as well as other companies – primarily in the energy, industry and healthcare sectors. The division finances infrastructure, equipment as well as working capital investments, and acts as a manager of financial risks within Siemens AG
Siemens AG
Siemens AG is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company....
. The network of financing companies coordinated by Siemens Financial Services GmbH in Munich comprises about 2,500 employees worldwide.
Executive management
- Roland W. Chalons-Browne, CEO of Siemens Financial Services GmbH since February 2010.
- Dr. Peter Moritz, CFO of Siemens Financial Services GmbH since March 2006.
Business units
Siemens Financial Services (SFS) has eight Business Units:- Commercial Finance (COF), CEO Jonathan Andrew
- Project & Structured Finance (PSF) Energy, CEO Kirk Edelman
- Project & Structured Finance (PSF) Infrastructure and Cities & Industry, CEO Johannes Schmidt
- Project, Structured and Leveraged Finance (PSLF) Healthcare, CEO Anthony Casciano
- Venture CapitalVenture capitalVenture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
(VC), CEO Ralf Schnell - Insurance (INS), CEO Alexander Mahnke
- TreasuryTreasuryA treasury is either*A government department related to finance and taxation.*A place where currency or precious items is/are kept....
(TRE), CEO Hans-Peter Rupprecht - Financial Services and Investment Management (FIM), CEO Hans-Peter Rupprecht
Global reach
As a worldwide financial services provider in the business-to-business area, SFS has an international network of financing companies at its disposal (as of Sept. 30, 2010).- North and South America
- Total assets €5.2 billion
- Project volume to be financed €10.5 billion
- Europe, Africa & CIS
- Total assets €6.9 billion
- Project volume to be financed €21.7 billion
- Asia, Australia, and the Middle East
- Total assets €0.4 billion
- Project volume to be financed €12.3 billion
Research
The company provides research covering aspects of finance. Just some of the research reports it has written over the past four years include:-| 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|
| Investment in Focus 2011 | Energy down, momentum up 2010 | The financial market crisis as a chance for sustainable investments in infrastructure | Nearly 30 percent of German companies are battling increased lending costs |
| Medical Equipment and Frozen Capital | The quest for energy efficiency: investment opportunities and challenges | New study on the current financing situation | Putting capital to work |
| Productivity: providing answers to a dynamic global market | Three in four German firms have invested in energy-saving equipment | ||
| Sustainable Cities - trends, investment challenges & financing solutions |