THE rail transport activities of Siemens are to become part of a new fourth business unit in the company's corporate structure called the Infrastructure & Cities Sector. The new unit will come into being on October 1 and it will have five divisions, three of which relate to rail transport. Rail Systems will be responsible for rolling stock and railway turnkey projects, Mobility and Logistics will encompass signalling, radio, Scada systems, and passenger information, while electrification will become part of a third division called Smart Grid.
THE rail transport activities of Siemens are to become part of a new fourth business unit in the company's corporate structure called the Infrastructure & Cities Sector. The new unit will come into being on October 1 and it will have five divisions, three of which relate to rail transport. Rail Systems will be responsible for rolling stock and railway turnkey projects, Mobility and Logistics will encompass signalling, radio, Scada systems, and passenger information, while electrification will become part of a third division called Smart Grid.
"We are rigorously focusing our business on growth," says Mr Peter Löscher, president and CEO of Siemens. "Our new setup will put us even closer to our customers. The Infrastructure & Cities Sector will open up additional business opportunities in the growth market of cities."
Mr Roland Busch has been appointed CEO of the Infrastructure & Cities Sector, which will be based in Munich. "Cities face the enormous challenge of reconciling urban growth with a good quality of life," says Busch. "We can offer them comprehensive solutions from one hand to achieve this."
