MUNICH (dpa-AFX) - Siemens is no longer a sponsor of FC Bayern Munich. The cooperation between the corporation and the German soccer record champion already expired at the end of June this year. Initially, the "WirtschaftsWoche" had reported. "Since the beginning of the partnership in 2017, Siemens has repositioned itself and readjusted its corporate strategy - this also affects our sponsorship activities," it said in a statement on Friday. "In the future, we will align our partnerships even more strongly with new products, our digital portfolio and sustainable technologies to best support our corporate strategy."/mom/DP/jha
Siemens AG is one of the world's leading manufacturers of electronic and electro-technical equipments. Net sales break down by family of products as follows:
- medical equipment (29.6%): medical imaging systems, laboratory diagnostics and hearing aid systems, etc.;
- smart building and infrastructure solutions (28.7%): energy transition solutions, HVAC products (heating, ventilation and air conditioning systems), building security systems (fire detection and protection systems, access control, video surveillance and intrusion detection systems, etc.), building management systems, etc.;
- digital industrial equipment (22.1%): automated production, assembly, logistics and monitoring systems, etc.;
- mobility solutions and systems (15.8%): rail vehicles, rail automation systems, rail electrification systems, digital and cloud-based solutions, etc.
The remaining net sales (3.8%) are primarily from financial activities (leasing, equipment and project financing, financial consulting services, etc.).
Net sales are distributed geographically as follows: Germany (14.8%), Europe/Commonwealth of Independent States/Africa/Middle East (32%), the United States (28%), America (4.6%), China (9.1%), Asia and Australia (11.5%).
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Investor
Investor
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