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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Schneider Electric SE    SU   FR0000121972

SCHNEIDER ELECTRIC SE

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Schneider Electric : > 16/07/2019 - Schneider Electric DMS NS (SEDMS NS) signed a Cooperation Agreement with the Faculty of Technical Sciences in Novi Sad and the Faculty of Electrical Engineering in Belgrade, to support talented students

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07/16/2019 | 05:50am EDT

Press release

Schneider Electric DMS NS (SEDMS NS) signed a Cooperation Agreement with the Faculty of Technical Sciences in Novi Sad and the Faculty of Electrical Engineering in Belgrade, to support talented students

  • The Agreement on Cooperation was signed during French President
    Emmanuel Macron's official state visit to Serbian President Aleksandar Vučić
  • Frederic Abbal, Executive Committee Member of Schneider Electric signed the Agreement with the Dean of the Faculty of Technical Sciences (FTS) in
    Novi Sad, Rade Doroslovački, and the Dean of the Faculty of Electrical Engineering (FEE) in Belgrade, Milo Tomašević
  • The Agreement will contribute to further development of the IT sector in Serbia
  • Schneider Electric is a leading company in Serbia, which provided the highest number of scholarships for students of technical faculties in 2018

Belgrade (Serbia), July 16, 2019 - Schneider Electric, the leader in digital transformation of energy management and automation, signed a Cooperation Agreement with the Faculty of Technical Sciences in Novi Sad and the Faculty of Electrical Engineering in Belgrade, to provide support during studies for the most talented students. This agreement was signed during an official visit of French President Emmanuel Macron to Serbia.

Schneider Electric's scholarships will provide a significant contribution to gaining practical knowledge, as well as financial assistance during studies. Work on various projects and potential recruitment by SEDMS NS after graduation are additional advantages of the scholarship program. At all educational levels, students have the support of experts, and an opportunity to participate in workshops and internal company training. They will be able to improve their knowledge and skills to build their future career. Schneider Electric will also enable all scholarship beneficiaries to work on the best equipment and development of the most leading-edge software, with a constant mentorship program.

"The most important investment is in the education of future generations. We must always bear in mind that only people with high-quality education will lead the world. Schneider Electric is recognized worldwide for its commitments and programs for education and training, as well as for improving great places to work. This is the foundation of the initiative for scholarships for the best students of technical sciences in Serbia," noted Frederic Abbal, member of the Executive Committee of Schneider Electric after signing the Agreement.

SEDMS NS is a center of excellence that develops ADMS thanks to more than 800 engineers, recruited mainly from the Faculty of Technical Sciences in Novi Sad. The Faculty Dean, Rade Doroslovački, said that successful cooperation between the Faculty and Schneider Electric lasted for years already, resulting in Novi Sad

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Media Contact

Media Contact

Schneider Electric

Represent Communications

Represent Communications

Marijana Jović

Ivana Gajica

Mariota Vlaisavljević

Tel: +381 (0) 63 106 20 28

Tel: +381 (0) 63 384 106

Tel: +381 (0) 63 384 409

Marijana.jovic@se.com

ivana.gajica@represent.rs

Mariota.vlaisavljevic@represent.rs

Press release

international recognition in the IT sector. Doroslovački reminded that FTS is the largest educational institution of its kind in the region with 13 different departments, whose students are currently working on almost 100 international projects.

After signing the Agreement on Cooperation, the Dean of the Faculty of Electrical Engineering in Belgrade, Milo Tomašević, expressed gratitude towards Schneider Electric, a company that recognizes the quality of education provided by his Faculty and pointed out that this is a good example how two leading institutions can cooperate in their fields of expertise. "We all should be proud of our young experts; whose work influenced the global development of the IT sector. These scholarships will provide support during studies for our talented students, whom we proudly follow after graduation as well," added Tomašević.

For years, Schneider Electric employees have held training courses for SEDMS NS and provided support for the best students of technical faculties in the previous years. To additionally improve education, Schneider Electric took a step further and for years the company employees have held training courses for primary and secondary school pupils in Serbia.

By investing in education, Schneider Electric aims to contribute to the development of the IT profession in Serbia and the transformation of Serbia's industry in the digital era. Owing to the scholarship programs, Schneider Electric is the largest provider of university scholarships in the country and is thus an active participant in establishing an innovative and modern Serbia.

About Schneider Electric

At Schneider, we believe access to energy and digital is a basic human right. We empower all to do more with less, ensuring Life Is On everywhere, for everyone, at every moment.

We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate with our Meaningful Purpose, Inclusive and Empowered values.

www.se.com

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Media Contact

Media Contact

Media Contact

Schneider Electric

Represent Communications

Represent Communications

Marijana Jović

Ivana Gajica

Mariota Vlaisavljević

Tel: +381 (0) 63 106 20 28

Tel: +381 (0) 63 384 106

Tel: +381 (0) 63 384 409

Marijana.jovic@se.com

ivana.gajica@represent.rs

Mariota.vlaisavljevic@represent.rs

Disclaimer

Schneider Electric SE published this content on 16 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2019 09:49:04 UTC

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Financials (EUR)
Sales 2019 27 184 M
EBIT 2019 4 013 M
Net income 2019 2 494 M
Debt 2019 4 894 M
Yield 2019 3,42%
P/E ratio 2019 16,5x
P/E ratio 2020 14,1x
EV / Sales2019 1,64x
EV / Sales2020 1,56x
Capitalization 39 700 M
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Last Close Price 72,64  €
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