Siemens restructures its operations

LAHORE - Siemens AG, the world's largest Engineering Company is restructuring its worldwide operations to focus on three Sectors Industry, Energy and Healthcare. These will be divided into 15 Divisions. This was announced by Siemens Pakistan at the start of their media campaign Answers that showcases Siemens capabilities in these sectors. Siemens Pakistan MD and CEO Mr.Sohail Wajahat Siddiqui said business in Pakistan will also be streamlined in line with global restructuring providing a more focused approach to customers and greater profitability for the company. He said this campaign is being launched to coincide with the Independence Day celebrations in the country to reaffirm our commitment to continue our journey as reliable partners for the progress and prosperity of the country. He said Siemens Pakistan can provide answers to all the issues facing planners as far as these three sectors are concerned. The Industry and Energy Sectors will each have six Divisions, while the Healthcare Sector would comprise of three divisions. The Industry Sector will comprise of six Divisions: Industry Automation, Motion Control, Building Technologies, Industry Solutions, Mobility and Osram. The Energy Sector will also have six Divisions: Fossil Power Generation, Renewable Energy, Oil and Gas, Service Rotating Equipment, Power Transmission and Power Distribution. The Healthcare Sector will be organized in three Divisions: Imaging and IT, Workflow and Solutions and Diagnostics. Siemens IT Solutions and Services as well as Siemens Financial (SFS) will support sector activities as business partners and, in addition, continue building up their own business with external customers.

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