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Wed04162014

Last updateWed, 16 Apr 2014 1pm

Back You are here: Home News Industry Headlines Valve Manufacturing Siemens to Realign Regional Organization, Reform Corporate Units

Valve Manufacturing

Siemens to Realign Regional Organization, Reform Corporate Units

The regional cluster setup which is currently in effect at Siemens is to be eliminated. The realignment will eliminate an organizational level at the company, and the various countries will be more closely geared to the business of the sectors. In the future, the countries that are most important for Siemens, based on their business volume and growth prospects, are to report directly to the four Managing Board members who are responsible for the Energy, Healthcare, Industry and Infrastructure & Cities Sectors. These so-called lead countries account for more than 85% of the company's revenue, and smaller countries will report directly to them.

As part of the realignment of the regional organization, Managing Board responsibility for the various regions will also be reassigned. In addition, structures are to be optimized and bundled at Siemens' corporate units. 

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