Ukraine war
Siemens discontinues business in Russia
After 170 years, Siemens will withdraw from the Russian market as a result of the war in Ukraine. The company has initiated proceedings to shut down its industrial operations and all industrial business activities.
After the outbreak of the war, Siemens stopped all new business with and international deliveries to Russia and Belarus. The comprehensive international sanctions as well as the current and potential countermeasures are affecting the company's business activities in Russia - especially the rail service and maintenance business.
"We condemn the war in Ukraine and have decided to end our industrial business activities in Russia in an orderly process," says Roland Busch, CEO of Siemens AG. "This decision was not an easy one for us, as we have a duty of care towards our employees and long-standing customer relationships in a market in which we have been active for around 170 years. We are currently assessing the impact on our workforce and will continue to support them to the best of our ability. At the same time, we are providing humanitarian aid for our colleagues in Ukraine and for the Ukrainian people and, together with the international community, are calling for peace."
The Siemens Groups will manage the wind-down of their activities in an orderly process - in line with regulatory requirements and international sanctions.
You might also be interested in
Predictive maintenance in retrofit
Predictive maintenance pays off. This is because early detection of impending failures means that systems can be serviced in a targeted manner before production downtime occurs. But how complex is it to integrate such a maintenance concept into an...
read more...Maintenance instead of replacement
The circular economy starts with the machinery
Sustainability in industry starts with machines, says our guest author from Deguma: How maintenance, modernization and the 5R strategy save resources, energy and CO₂.
read more...3D printing for unplanned requirements
The material fails and the machine suddenly stops? Then you need to take the right measures to be able to resume production quickly. Material failure in the form of faulty components or material wear in the frame are a risk for any production.
read more...High demands in terms of safety, application and robustness
Demanding work in the electrical trade and energy supply as well as smooth processes in production require innovative and customized measurement technology that scores points for safety, ease of use and resilience.
read more...Car meets e-bike: riding with lubrication-free polymer bearings
Studies show that the proportion of pedestrian and bicycle traffic is increasing in urban areas. With the JetBike, JetBike GmbH from Braunschweig presents a mixture of e-bike and car and relies on lubrication-free polymer bearings from Igus.
read more...Hydraulic hub for more efficient servicing
Bosch Rexroth presents a digital toolbox for service and maintenance. With a comprehensive range of digital services, the Hydraulic Hub simplifies and accelerates the service and maintenance of hydraulic products and increases machine availability.
read more...Arnold Umformtechnik expands after-sales...
Faster help with VR glasses
Arnold Umformtechnik is expanding the after-sales service for its machines to include digital remote services. The focus is on data security, simple operation and clear processes.
read more...147,000 euros per hour: high costs for German companies due to unplanned downtime
According to the "Value of Reliability" study, 67% of industrial companies in Germany experience unplanned downtime at least once a month. This costs the German economy 147,000 euros per hour. Nevertheless, reactive maintenance concepts are not...
read more...Maintenance starts with a maintenance planner
Legal requirements stipulate that machines and systems must be serviced regularly. The maintenance work serves to ensure occupational safety and economic efficiency.
read more...