Annual Report 2001 Austria
Transcription
Annual Report 2001 Austria
s Annual Report 2001 Austria KEY PERFORMANCE FIGURES 1997–2001 Siemens AG Austria +/– % 1996/97 1997/98 1998/99 1999/00 2000/01 on prev. year New orders 1,826.2 1,942.1 2,767.6 2,951.6 2,176.6 – 26.3 Sales 1,689.3 1,760.4 2,178.2 2,273.2 2,361.7 + 3.9 36.7% 36.0% 32.7% 37.2% 42.7% + 19.1 48.4 2.9% 53.4 2.9% 56.8 2.6% 54.0 2.4% 85.4 3.6% + 58.1 Employees (as of 30 Sept.)2) 9,873 9,586 9,920 9,080 8,382 – 7.7 Personnel costs (% of sales) 656.7 38.9% 672.5 38.2% 718.7 33.0% 700.0 30.8% 651.3 27.6% – 7.0 Research & Development expenditure 351.7 379.3 417.3 463.7 504.4 + 8.8 17.7 20.0 19.5 21.5 22.1 + 2.8 Exports (% of sales) Capital expenditure1) (% of sales) Employee training expenditure Figures in euro million Siemens Group Austria 1996/97 1997/98 1998/99 1999/00 2000/01 +/– % on prev. year New orders 3,595.0 3,613.7 4,219.5 4,310.8 4,392.2 + 1.9 Sales 3,129.4 3,437.9 3,702.3 3,565.6 4,114.5 + 15.4 Exports (% of sales) 51.9% 54.3% 50.6% 39.3% 40.5% + 19.0 Capital expenditure1) (% of sales) 215.7 6.9% 166.1 4.8% 206.2 5.6% 242.8 6.8% 427.2 10.4% + 76.0 Employees (as of 30 Sept.)2) 20,728 20,414 19,131 17,667 19,482 + 10.3 Personnel costs (% of sales) 1,056.8 33.8% 1,095.8 31.9% 1,121.2 30.3% 1,079.8 30.3% 1,150.3 28.0% + 6.5 437.2 474.0 552.0 586.0 669.9 + 14.3 22.2 24.6 24.7 29.1 32.7 + 12.4 Research & Development expenditure Employee training expenditure Figures in euro million ) Property, plant and equipment, plus equipment leased to customers ) Excluding employees on leave for military duty, on leave of absence/maternity leave and apprentices 1 2 CO N T E N TS The founder of our company, Werner von Siemens, There is a lot to think about concerning visions of ranks among the most prominent visionaries in the future – and there are more questions than engineering history. His ideas and inventions, for answers: Are there limits to innovation? Is life better example in the field of telegraphy, were milestones in a networked world? How far can research go? on the road to global communication. When will globalisation reach everyone? What role Key Performance Figures should commercial businesses play in societal For more than 150 years, the Siemens company has processes? Does more mobility necessarily mean been an engineering pioneer and innovator in many more freedom? Report of the Supervisory Board 2 Supervisory Board, Managing Board 5 Management Report 8 The Company 16 The Group/Subsidiaries and Affiliated Companies 18 different fields, including the energy sector, healthcare, traffic engineering and information technology. As a future-oriented visionary, Werner von Siemens Siemens Austria is an important contributor, for would have gladly participated in a discussion on example in the development of UMTS. these and other issues. In this “Annual Report 2001” we offer internationally Review of Operations renowned visionaries from the worlds of science and Information and Communications 22 Energy 36 Industry 38 Transportation 47 Healthcare 52 Production and R&D 54 Regional Operations/Siemens in Neighbouring Countries 60 Financial Services 64 Siemens around the world 68 Corporate Citizenship 70 culture an open forum for their views and insights. THINKING AHEAD Harriett Rubin Pages 6/7 Best-selling US author, published articles in New York Times, Wall Street Journal and Publishers Weekly Johannes Huber Pages 14/15 Head of Vienna General Hospital’s Gynaecological, Endocrinology and Sterilisation Clinic Konrad Paul Liessmann Pages 20/21 Professor at the Vienna University Department of Philosophy, essay-writer, literary critic, culture journalist Markus Arndt Pages 32/33 Assistant Professor at the Vienna University Department of Experimental Physics Ludger Hovestadt Pages 42/43 Professor of Architecture and CAAD at the Swiss Federal Institute of Technology Zurich Carl Djerassi Pages 50/51 Writer, dramatist and professor of chemistry at Stanford University, father of “the pill” Barbara Coudenhove-Kalergi Pages 58/59 Expert on Eastern Europe, journalist and co-founder of the “Land of People” (“Land der Menschen”) initiative In the Supplement Balance Sheet of Siemens Aktiengesellschaft Austria Income Statement Notes to the Financial Statements Karlheinz Böhm Pages 66/67 Actor, opera director, founder of the charity “People for People” (“Menschen für Menschen”) Report of the Supervisory Board Report of the Supervisory Board 3 Over the course of the reporting period, six meetings were held where the Managing Board presented the Supervisory Board with information on the company’s performance, important projects and on future company development. Changes in the Supervisory Board At our Supervisory Board meeting of 7 December 2000, Dr. Josef Staribacher, Dkfm. Dr. Walter Wolfsberger and Dipl.-Ing. Othmar Pühringer all requested not to be re-elected to the Siemens AG Austria Supervisory Board. At the Annual General Meeting which followed, Dr. Erich Becker, Dr. Christian Konrad and Dr. Siegfried Sellitsch were duly elected to the Supervisory Board of Siemens AG Austria. At the ensuing constitutional meeting Dr. Josef Staribacher and Dkfm. Dr. Walter Wolfsberger were duly elected as honorary presidents and Prof. Dr. Rudolf Streicher as vice chairman of Siemens AG Austria. As a result of Siemens AG Berlin & Munich taking over ÖIAG’s equity stake in Siemens AG Austria (see page 4), Dr. Johannes Ditz resigned from his position on the Supervisory Board of Siemens AG Austria. Changes in the Managing Board Significant changes in the Managing Board were also resolved by the Supervisory Board in the reporting period: Following the decision at the Annual General Meeting for fiscal 1999/2000 of 7 December 2000 that Dr. Peter Flicker retire from his position on the Managing Board having reached the end of his contract period, at the Supervisory Board meeting held on the same day Mag. Brigitte Ederer (with effect from 1 January 2001) and Ing. Franz Geiger (with immediate effect) were duly elected to the Managing Board of Siemens AG Austria. Furthermore, at our Supervisory Board meeting of 12 September 2001, Mag. Peter Schönhofer was, with effect from 16 October 2001, appointed to the position of commercial director as successor to Mr. Ötsch, who, as of 1 November 2001, took over commercial management of the A&D division of Siemens AG Germany and therefore resigned from his position on the Managing Board of Siemens AG Austria as of 31 October 2001. At the same time, with effect from 1 October 2001, Dipl.-Ing. Konrad Pernstich was elected as a member of the Managing Board in order to head up our regional operations, which had previously been managed by Dipl.-Ing. Eduard Uhl. Dipl.-Ing. Eduard Uhl left his position on the Siemens AG Managing Board as of 27 November 2001. Changes in Group Structure Siemens AG Austria transferred its responsibility for CCN, the Competence Center Information Technology and Networking, to Siemens Business Services GmbH & Co (SBS). In order to further consolidate and strengthen SBS’s IT solutions business, at the Supervisory Board meeting of 7 December 2000 it was resolved that business in IT maintenance & service (formerly ICP/ITS) be integrated into SBS. This resulted in 546 employees and annual turnover of EUR 101.3 million (fiscal 2000/2001) being carved out of Siemens AG Austria. Carve-out of Automotive Activities Acquisition of VF-TEL in Yugoslavia/Belgrade As part of the amalgamation of business activities of Mannesmann VDO AG with the Siemens automotive engineering (AT) division, this division of Siemens AG Berlin and Munich was relocated to Siemens Automotive AG with headquarters in Regensburg. In connection with this, Siemens AG Austria’s automotive activities, which had been located at the Vienna Electronics Plant (EWW), were transferred to the newly-founded company Siemens Automotive GmbH in Vienna. Thus a further business volume of EUR 20 million and 49 employees were carved out of Siemens AG Austria. Additionally, Siemens AG Austria’s regional responsibility for Yugoslavia was extended to Information and Communication Networks (ICN) as well, by means of our approval of the respective divisional organisation in Belgrade being merged into Siemens AG Austria as of 1 October 2001. As a result of these decisions and the above-mentioned election of Mr. Pernstich to the Siemens AG Austria Managing Board, a basis has been laid to further strengthen our responsibilities in this region. Subsidiary in Romania The resolution to integrate Landis & Staefa activities into Siemens Building Technologies GmbH as of 1 October 2001 will lead to an enhancement of building technology activities in Austria as a result of consolidated resources guaranteeing a single interface in the marketplace. Thus the Supervisory Board took positive note of the report on this merger given on 12 September 2001. Our Program and System Engineering (PSE) division’s tried-and-tested concept of acquiring necessary development resources predominantly from central and southern European countries is continuing with the establishment of a new facility in Brasov, Romania. At its meeting of 12 February 2001, the Supervisory Board resolved that a PSE company be set up in Romania, which plans to employ around 100 staff by 2003. On winning the bid for the construction and renovation of the Coltea Clinic in Bucharest, together with VAMED and the AST construction company, approval was granted for setting up a project company in Romania for this contract. Furthermore, we took a positive note of the fact that Siemens Business Services acquired Sintec (SINTEC s.r.l. and CENTRUL DE STUDII SINTEC s.r.l.), an IT solutions company in Baia Mare, in order to work on the contract which was won for the employment office, and to win new contracts in the fields of health insurance and from the ministry of health in Romania. Integration of Landis & Staefa Consolidation of all Transportation Systems Activities In order to further strengthen Siemens SGP Verkehrstechnik GmbH’s (SGP) area of competence, the Supervisory Board also supported the concept presented whereby SGP shall merge its worldwide competence for metro vehicles as well as its regional sales of all rolling stock with its existing manufacturing facilities in Vienna and Graz with effect from 1 October 2001. On the one hand, this measure will lead to Siemens AG Austria losing business volume amounting to approx. EUR 220 million and 80 employees, but on the Report of the Supervisory Board Report of the Supervisory Board 5 other hand a transportation systems company with an international business volume of around EUR 800 million is being created in Austria. This will safeguard Austria as a location for manufacturing and will add more competence. With effect from 29 July 2001, Siemens AG Austria exercised its contractually agreed option to take over a 26 % equity stake in Siemens SGP Verkehrstechnik GmbH from ÖIAG. Thus Siemens SGP Verkehrstechnik is now wholly owned by Siemens AG Austria. Transfer of ÖIAG Equity Stake in Siemens AG Austria to Siemens AG to a sum of ATS 135.9 million (Euro 9.88 million), which was paid out in special recognition from the company to our employees. The Supervisory Board would like to thank all employees for their performance and all employee representatives for their constructive cooperation. After final completion of our audit, we have no objections to raise. Hence the financial statements as of 30 September 2001 have been approved in accordance with § 125 para. 2 of Austrian Corporation Law; the Supervisory Board endorses the proposal of the Managing Board with regard to the distribution of net earnings. Supervisory Board Delegates of Works Council: Dipl.-Vw. Dr. Heinrich v. Pierer Hans Judmann Chairman Friedrich Hagl Prof. Dipl.-Ing. Dr. Rudolf Streicher Vice Chairman (from 7 December 2000) Walter Krippl Dkfm. Dr. Erich Becker Gerhard Pfeiffer Vice Chairman (from 7 December 2000) (until 17 August 2001) Dr. Rudolf Gruber With effect from 1 August 2001, Siemens AG Berlin and Munich exercised its contractually agreed option to take over ownership of ÖIAG’s 26 % equity stake in Siemens AG Austria. Thus Siemens AG Austria is now a wholly owned subsidiary of the Siemens Group. Auditor’s Certification The accounting methods, the financial statements and the management report were examined and approved without qualification by KPMG Alpen-Treuhand GmbH, Certified Public Accountants and Tax Consultants, Vienna. We, the Supervisory Board, have examined and approved the financial statements and the management report. The point value for the bonus premium of the previous financial year (1999/00) was set by the Supervisory Board at 82 Austrian schillings (EUR 5.96). The Supervisory Board also agreed to a one-off payment, staggered according to employercompany, to all employees covered by the collective bargaining agreement. In total this amounted Vienna, November 2001 Supervisory Board Walter Winkelbauer Managing Board Dipl.-Ing. Johann Haider Generalanwalt Dr. Christian Konrad (from 7 December 2000) Dr. Heinrich v. Pierer Chairman Josef Utzig Dr. Johannes Ditz Dipl.-Ing. Albert Hochleitner CEO Prof. Dr. h. c. Manfred Mautner Markhof Mag. Brigitte Ederer (from 1 January 2001) Dipl.-Ing. Othmar Pühringer (until 7 December 2000) Dr. Peter Flicker (until 7 December 2000) Dkfm. Jürgen Radomski Ing. Franz Geiger (from 7 December 2000) Dr. Siegfried Sellitsch (from 7 December 2000) Mag. Alfred Ötsch (until 31 October 2001) Obersenatsrat Dr. Karl Skyba Dipl.-Ing. Konrad Pernstich (from 1 October 2001) Honorary Presidents of the Siemens AG Austria Supervisory Board Dr. Paul Dax Dipl.-Vw. Dr. Josef Staribacher (from 7 December 2000) Dkfm. Dr. Walter Wolfsberger (from 7 December 2000) Mag. Peter Schönhofer (from 16 October 2001) Dipl.-Ing. Eduard Uhl (until 27 November 2001) “In the 00’s, the scarcity is meaning. People are hungry not for success, but for basic human values.” Harriett Rubin Seventy-two hours after the bombing This is not a new trend; it’s been the standard by which behavior is of NY and Washington DC, the future growing and gathering force for at measured. We heard it loudest when might seem like an idea subject to least a decade. Business is usually ten the young president George Bush debate. But the future is never years behind pop culture and the said he would define his legacy by healthier than when it is in flux. In advance-guard of pop culture: teens. the war on terrorism. “Legacy” even such times, it’s rushing towards us Ten years ago, for example, teens more than profit will be the decade’s faster than ever – and now, with began wearing tattoos and earrings. measure of achievement. echoes of the past. By 2000, even conservative corporate men were piercing and tattooing Every decade in recent memory has themselves. Ten years ago, the top been marked by a scarcity. In the 80s, websites for teens were not pornog- it was energy. Oil supplies were at raphy but worship sites: Christian, risk, personal dynamism was a con- Jewish, Muslim and mixed religions cern, even the US president Ronald were attracting teens in record num- Reagan was considered “asleep”. bers who felt little true faith being In the 90s, the scarcity was time. practiced in their homes and commu- Technology created efficiencies and nities. instant communication. In the 00s, the scarcity is meaning. People are What does this emphasis on meaning hungry not for success (one seldom mean for business? Uncertain of the hears the word) but for basic human present, frightened of the future, we values. The craving for information want context. We want the new lead- has taken second place to a demand ers/heroes to tell us who we are. We for “authenticity”. Teamwork is less want stories, products, marketing important than “great work” which campaigns that emphasize strength, requires a measure of sacrifice. resolve and human values. “Tradi- Peter Drucker once analyzed the tional” will replace the selling power difference between managers and of “new”. Optimism will replace pes- leaders. Now gurus are poring over simism. “Commitment” will outshine the differences between a leader and “experimentation”. “What do you a “hero”. want to be remembered for?” will be Harriett Rubin Speaker at the Siemens Academy of Life, bestselling US author, published numerous articles in the New York Times, the Wall Street Journal, Publishers Weekly and several women’s magazines M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r 9 In the year 2001 the economic situation worsened in Austria, as in the rest of Europe. Although the unemployment rate, at 3.8 % (3.7 % in 2000), remains relatively low by international comparison, real GDP growth has slowed faster than had previously been forecast. According to forecasts by WIFO, the Austrian economic research institute, and IHS, the Institute for Advanced Studies, real GDP has gone up by only 1.3 %, or 1.4 % respectively, on last year, and a revision of these forecasts to around 1 % can be expected. In the year 2000, Austria’s economy had grown by 3 %. In addition to a fall in international demand, other domestic factors, such as the crisis in the construction industry, have had a stifling effect on growth. Having reached an historical low of 0.6 % in 1999, the inflation rate has risen to between 2.7 and 2.8 % in the year 2001 (2.3 % in 2000). In spite of a sharp fall in oil prices, this is mainly attributable to increases in university fees and in food prices. For the year 2002, economic analysts are forecasting a slight economic recovery to around 1.7 % (IHS) or 1.9 % (WIFO), with revised figures of 1 to 1.5 % expected. Triggers for this recovery are said to be positive spurs from the USA and the stabilising influence of EU-wide interest rate and fiscal policies. Private consumption will also rally in the year 2002 and is expected to rise from 1.5 % (in 2001) to 1.9 %. The rate of inflation should be considerably lower than its 1.9 % forecast, since this did not take the decrease in oil prices into account. Sentiments in the employment market are pessimistic for 2002. After the rise in unemployment in 2001 due to below-average economic growth, economic analysts expect jobless figures to be higher again in the year 2002. Business Performance at Siemens AG Austria New orders totalled EUR 2.177 billion in the year under review. Due to extraordinarily high orders in our transportation systems division in fiscal 1999/2000 (Taurus contract) and equity carve-outs (CCN, ITS) from Siemens AG Austria, this year’s figure for new orders is down 26.3 % on last year’s results. Total sales amounted to EUR 2.362 billion and thus were 3.9 % higher than last year. New orders were slightly below target, whereas sales met our forecasts. Siemens export sales, at EUR 1.008 billion, were up 19.1 % on comparable figures of the previous year. In the 2000/2001 financial year, our Information and Communication Networks (ICN) division continued with its positive performance and business was slightly above target. Both domestic and export business contributed to this growth. In its company networks business, ICN managed to further consolidate its rank as market leader by re-positioning. ICN supplies communications infrastructure as well as the necessary customer solutions and is putting its resources into voice-over-IP (internet protocol), i.e. the merging of voice and data networks. Another focal point is taking on the complete range of communication outsourcing services. A project worthy of mention here is a major contract for OMV, who have outsourced all of their communications to Siemens. ICN is setting up and operating their complete corporate network with fixedline, mobile and data communication at all national and international OMV facilities. Other key contracts were awarded in various different business sectors. EVN was supplied with the world’s largest cordless multicell integration system and a networked call centre. Orders for network management and network components were executed for Erste Bank and the Austrian Central Bank (Österreichische Nationalbank). Business in carrier networks is suffering from weaker market demand in this sector. Last year’s euphoria among OLOs (other licensed operators) has subsided and only a few alternative carriers remain active. Telekom Austria AG has also reduced its budgets, particularly in the area of networks. ICN’s reaction to these developments has been to introduce a strategy of repositioning its business activities. As mentioned above, export sales also made a considerable contribution to ICN’s positive performance. In particular we would like to mention the extension of Tele- com Egypt’s telecommunications network alongside contracts from Maltacom for EWSD and access technology. ringo Kommunikationsdienstleistungs GmbH & Co OHG managed to get a foothold in the market as a customer interaction centre. In future we expect an increase in demand from telecoms operators, the utilities companies and also from governmental offices and authorities. Our newly-founded Information and Communication Mobile (ICM) division – which supplies infrastructure, terminals and solutions for the mobile market – managed to hold its own in the year under review in spite of the ambivalent market development in the telecoms sector. The mobile phone market was characterised by general market saturation and a slip in demand from carriers. However, ICM was able to boost and secure its number two position on the Austrian market. This development is broadly attributable to our wide range of products catering for all target groups, from the simplest device right through to the most sophisticated business cellphone. In the cordless telephone sector, ICM Devices manifested itself as market leader. Moreover, the successful launch of SIMPad, which enables cordless surfing on the web, has opened up a new market. In Croatia and Slovakia we set up new GSM networks, and ICM is also pioneering the new GPRS and UMTS network technologies. In total, seven out of ten operators in Slovakia, Slovenia, Croatia, Bosnia/Herzegovina and Yugoslavia use Siemens technology. Four of these operators are supplied exclusively by ICM. ICM is taking charge of TETRA technology on a worldwide basis from its Center of Competence for Tetra technology. “master-talk-Austria Telekom Service GmbH”, the digital Tetra network operator, will have completed the construction of its network by the end of 2001. The first customer will be Vienna’s Local Rail Service Company (Badner Bahn). The Datatrak system (a positioning and fleet management system) has been in operation for several years now in the UK, the Netherlands, Belgium, Malta, Argentina and South Africa and has now also been set up in Austria. Siemens Business Services GmbH & Co (SBS) was faced with difficult market conditions in the year under review. Due to projects being postponed and a lack of Composition of the Workforce Siemens Group Siemens AG Austria Austria Research and Development 5,202 3,452 Production 4,945 1,138 Installation, Maintenance, Service 3,095 1,239 Sales & Distribution 4,402 1,544 Central, Service-providing & Administrative Areas Apprentices Total 1,838 1,009 19,482 8,382 551 376 20,033 8,758 further orders from the public sector, our targets for sales and income were not achieved. With services accounting for 85 % of its business, SBS is Austria’s largest independent supplier of solutions. The SBS range focuses on enterprise resource management, business information management, customer relationship management, supply chain management, electronic commerce and also product-related services and outsourcing. Successful key contracts in the year under review included installing SAP mySAP utilities for Bewag, reorganising the Federal Administration’s budgeting and accounting procedures to SAP/R3, and implementing the first ever SAP Strategic Enterprise Management project for the Vienna Public Transport Authority (Wiener Linien). By setting up strategic partnerships, SBS has also been able to consolidate its position in the Austrian provinces. Here, mention should be made of the acquisition of “Datamil Informationssysteme GmbH & Co KG” in Upper Austria and “addIT Dienstleistungen GmbH & Co KG” in Carinthia. SBS also stepped up activities outside Austria. We set up our own subsidiaries in Romania and Slovakia. And SBS has won a significant key contract for a project for the employment office in Romania. With SBS at the helm, Siemens Austria’s new media activities were regrouped. Overall, the development in business cannot be kept separate from the disappointing performance around the world in the e-business and M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r 11 e-commerce sectors. Despite this difficult backdrop, our “CYBERDOC Gesellschaft für digitale Kommunikation im Notariat GmbH” was still able to hold its own. And also “Nofrontiere Design AG” and “bit media e-Learning solution GmbH & Co KG” managed to gain a foothold in the market. In connection with the deregulated energy market we should mention our equity holding in “smart technologies Management Beratungs- und Beteiligungsgesellschaft mbH”, which provides important IT services to the energy sector, and our minority stake in “APCS Power Clearing and Settlement GmbH”, which has been awarded the licence for the clearing and settlements office for equalizing energy in “Control Zone East”. “Together Internet Services GmbH” insurance platform was set up. Siemens’ stake in “red-stars.com data AG” was reduced to 3 %. In the reporting period, new orders and sales at our Energy (EV/KWU) division were slightly below target. This was due to an overall decrease in capital expenditure on classic power generation and power distribution products and also to projects being postponed. Against the backdrop of deregulated energy markets, the EV/KWU division was reorganised and new focal business areas were drawn up – environment-friendly thermal waste disposal and services for the deregulated market. The fact that we completed the Donaustadt gas and steam power station two weeks before the agreed completion date provides proof of our competence in constructing complex plants and systems. Other significant projects include the Bratislava waste incineration plant (with Siemens as general contractor), power station control equipment for the Iskenderun power station in Turkey and for the district heating plant in Wels, and constructing a central control room and upgrading instrumentation and control systems of auxiliaries at the Simmering power station. Winning a contract for a central instrumentation and control system for Meralco (Philippines) underlines the expansion of our sales activities with Vienna as Regional Headquarters for 27 countries in South East Europe and Asia in the field of network instrumentation and controls as well as energy management. Due to contracts awarded over the past few years, sales at our Transportation division were significantly above target. The contract awarded by the Austrian Federal Railways (ÖBB) for 400 Taurus locomotives, of which the first 50 have now been delivered, and orders placed by “Wiener Linien” (Vienna Transport Authority) were key contributors to this performance. The Heavy Rail division also maintained its positive run with, for example, contracts from Italy, France and Asia. The financial year also went well for our Infrastructure division. On the domestic market we executed orders for the construction of electronic signalling systems as well as rail safety systems. Business also increased in the regions where Siemens Austria has regional responsibility. At “Siemens SGP Verkehrstechnik GmbH” new orders reached an historic high thanks to the “Desiro” contract from the UK. This important contract means that capacity at the Vienna plant is secured for the coming year. In its role as Centre of Competence for bogies, the Graz plant has become world market leader. Around 2,000 bogies were manufactured there in the reporting period. As of 1 October 2001 the Transportation division took on a new structure. SGP and the regional sales department for rolling stock have been amalgamated and now make up the core of our parent company’s Heavy Rail division. Rail Infrastructure is now an operating division of Siemens AG Austria. This restructuring will give a boost to our already successful transportation systems business in Austria. The Industry sector was also restructured during the 2000/2001 financial year. Siemens Dematic (SD) is a new division; it is the product of the logistics activities of Siemens Production and Logistics Systems being merged with Mannesmann Dematic AG. Our Industrial Projects and Technical Services (ATD) division was renamed to Industrial Solutions and Services (I&S) at the beginning of 2001. Overall, results in the Industry sector were above target in the financial year just ended. Business performance during 2000/2001 at the Industrial Solutions & Services (I&S) division was above original expectations. Our core business was the main factor influencing this result. Notable contracts were awarded for example by Voestalpine Stahl Linz and SCA Laakirchen AG in Upper Austria. Contracts for the construction of a production line for the Chrysler PT Cruiser and for the construction of a Cable Liner Shuttle at Birmingham International Airport, together with Doppelmayr Cable Car GmbH, have opened up new markets for I&S. More competitive advantages are expected to arise from an expansion in our services business (service and maintenance) as well as from innovative telematics services and products from our Intelligent Traffic Systems division. Targets for our Automation and Drives (A&D) division were surpassed in the reporting period. The A&D division managed to consolidate its position as market leader for automation and drive engineering. We continued to focus on innovation, with the A&D Mall being installed this year. 15 % of business is already done on-line. A&D has stepped up its efforts in the field of process automation, which is gaining new opportunities thanks to our PCS7 process controls. Significant contracts were awarded amongst others by MFA (Andritzer Maschinenfabrik), Borealis in Vienna-Schwechat and for erecting Infineon’s Micro Design Center. Business performance at our Siemens Dematic (SD) division was above target in the year under review. The division, which was established in June 2001, offers a range of products from consulting and planning to erecting and commissioning logistics projects and plants/systems. Due to the worldwide trend towards companies outsourcing logistics activities, the market for logistics automation is gaining momentum. In this field, SD is, for example, general contractor for Rail Cargo Austria’s new logistics centre and has been commissioned to set up a logistics system for Schachermayer. SD has set up letter and parcel sorting systems for the Austrian Post Office. Positive business performance in the Building Technology sector continued in the last financial year. By integrating “Landis & Staefa (Austria) AG” into Siemens Building Technologies GmbH & Co OHG (SBT), as of 1 October 2001 Siemens AG Austria’s building technology activities were merged under one roof. This is expected to lead to an additional increase in business activities. Siemens Building Technologies GmbH & Co OHG (SBT) continued to grow and topped targets for new orders, sales and earnings. The Cerebus (security and alarm/ detection technology) segment was a key contributor to the division’s success, with contracts for bank branch networks, the Arlberg Tunnel and the Alt Erlaa residential complex. Important orders for energy and installation engineering were placed by the Vöcklabruck Hospital, as well as by hotels and technology and industrial parks. Siemens Building Technologies ranks among the market leaders in the field of facility life-cycle management. With the activities of our subsidiaries, “Siemens Gebäudemanagement & Service GmbH” (SGS) and SITEC (SBT division), this market is being successfully supplied. In this field, SITEC was awarded significant contracts for general contractor projects at the Haus der Musik and the Intercontinental Hotel Resort at Loipersdorf. In the areas of facility management and outsourcing, SGS concluded notable contracts with Benetton in Vienna, the Bank Austria/Creditanstalt group, the Wiener Städtische insurance company and a group of Viennese schools. Bacon Gebäudetechnik GmbH & Co KG (Bacon), a joint venture together with the Ortner company in Vienna, was also integrated into the Building Technology group. In spite of restrictions in the public sector budget, the Medical Solutions (MED) division was able to contin- New orders in euro billion 5.0 4.0 3.0 2.0 1.0 0 96/97 97/98 98/99 99/00 00/01 99/00 00/01 Siemens AG Austria Sales in euro billion 5.0 4.0 3.0 2.0 1.0 0 96/97 97/98 98/99 Siemens Group Austria ue its positive business performance and consolidate its market position. Both new orders and sales were considerably above target. The pressure on prices caused by tight public corporation budgets was offset by our innovative products. Notable key contracts include one from Chirugie West in Salzburg. The Medical Solutions division was awarded a contract there to equip operating theatres and to network the entire new building (PACS). Other contracts for networking came from Innsbruck, Linz and Amstetten. This division is expanding its competences in new media by way of its e-archiving solution for hospitals, radiologists and institutes. Taking over and integrating the Acuson range of products into MED’s ultrasound distribution and sales activities has resulted in a two-fold increase in our market share for ultrasound equipment – especially for cardiological use – to 30 % of the accessible ultrasound market. Research and Development Siemens AG Austria invested EUR 504.4 million in research & development in fiscal 2000/2001. As in the M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r M a n a g e m e n t R e p o r t f o r t h e F i n a n c i a l Ye a r 13 past, most of our R&D activities were carried out by the Program and System Engineering (PSE) division. Thanks to technological advances in the telecommunications sector and demand in the field of e-business, targets for the reporting period were met. Close technological support was provided to the ICN and ICM divisions. In connection with this, particular mention should be made of software developments for voice over IP and remote access service. Alongside its competences in mobile communications – in GSM, GPRS and UMTS – PSE also stepped up its activities in the field of mobile solutions as a partner of ICM. Focuses in the area of e-business are Customer Relationship Management (CRM), Enterprise Resource Management, Supply Chain Management and Business Information Management. We provided the energy division with technological support in network instrumentation and controls and in the launch of the e-utilities market. PSE lays particular emphasis on building up knowledge management and networking knowledge within the PSE division. In this context, mention should be made of share-net projects. PSE has representative offices in eight countries around the world. In total, 1,500 engineers work at 17 facilities outside Austria. This enables PSE on the one hand to meet the growing demand for development, and on the other hand to raise value added in the regions where Siemens has regional responsibility. Regional Responsibility for Slovakia, Slovenia, Croatia, Bosnia-Herzegovina and Yugoslavia Our “regional” companies, i.e. those companies where Siemens AG Austria has regional responsibility, once again continued to grow in the 2000/2001 financial year. In total, new orders amounted to EUR 440.7 million and sales reached EUR 478.6 million. The number of employees within our regional responsibility amounted to 1,402 as of 30 September 2001. Siemens s.r.o. in Bratislava can look back on a successful business year in 2000/2001. In Slovakia, sales amounting to EUR 92.1 million were generated by 268 employees. ICN and ICM ranked among the most profitable areas of business, with contracts from Slovak Telecom and EuroTel. MED and A&D also contributed to the positive business performance. MED supplied magnetic resonance tomographs and cardiodiagnostic equipment and A&D provided automation systems to the US Steel steelworks in Kosice, to the cement factory at Tuna and SCP Neusiedler in Ruzomberok. A three-year contract was awarded by ZSR (Slovakian Federal Railways) for upgrading rail infrastructure. Business performance at Siemens in Slovenia was above target. With approximately the same number of employees, Siemens d.o.o. achieved sales of EUR 121.4 million. ICM was a key contributor to this result. In the mobile phone sector, Siemens is market leader with a share of 27 %, followed by Ericsson with 24 % and Nokia with 19 %. Furthermore, the I&S, A&D, EV/KWU and MED divisions contributed a great deal to this success. MED had its most successful year to date with contracts from hospitals in Maribor, Sempeter, Golnik and Izola and the clinical centre in Ljubljana. Other key contracts were awarded in the EV/KWU division from Elektro Krsko, for the heaviest transformer to date in Slovenia, as well as for upgrading secondary equipment at the Bericevo transformer station. Business in Croatia also continued its upward trend. Sales went up to EUR 201.9 million. The mobile phone sector was particularly successful with a two-fold increase in sales. Siemens’ market share of the mobile communications market amounts to around 30 %. And Siemens is market leader for cordless telephones. In telecommunications, our successful cooperation with both of the Croatian operators – Croatian Telekom (HT) and VIPNET – was extended further. This is happening mainly as part of the extension of existing network capacities and the launch of new services. The positive growth in business led to a 27 % increase in PSE research and development expenditure to EUR 996,000. Significant contracts were concluded by the EV/KWU and industry divisions. Due to sustained demand in the Information and Communication segment and as a result of PSE’s R&D activities, the number of employees at Siemens d.d. Croatia went up from 746 to 928 in the year under review. Siemens d.o.o. Sarajevo in Bosnia-Herzegovina managed to continue its positive trend in the past financial year. New orders, at EUR 61.3 million, were above target. About half of new orders were in the Information and Communication sector. The most important contracts include extending the GSM network in the Srpska Republic and in the Bosnia Herzegovina Federation. ICN is market leader for EWSD exchanges and is supplier to the PTT. In the medical solutions division, Siemens is also market leader. In total, 65 staff work for Siemens d.o.o. at our offices in Sarajevo, Mostar and Banja Luka in Bosnia and Herzegovina. In the 2000/2001 financial year Siemens more than doubled its sales in the Federal Republic of Yugoslavia, with the figure up to EUR 14.1 million. New orders, at EUR 20.8 million, more than quadrupled. This dynamic surge has been driven by the MED, EV/KWU, as well as the ICM and ICN divisions. The most significant contracts included extending the EWSD exchange in Priština/ Kosovo and upgrading the Kolubara power station. There are 56 staff at Siemens d.o.o. Belgrade, and our representative offices in Podgorice/Montenegro and Priština/ Kosovo have now gained a foothold in the market. Investments Investments in property, plant and equipment amounted to EUR 85.4 million, 58.1 % up on comparable figures of the previous year. Investments in property, plant and equipment mainly included expanding and upgrading our IT equipment and production and testing facilities. In the Information and Communication Networks division investments in leased equipment were made. EUR 43.5 million was invested in acquiring equity interests or raising our shareholdings in existing affiliated companies. Increased shareholdings in existing affiliated companies were mainly accounted for by restructuring measures within the Siemens AG Austria group of companies. We raised our equity in some existing affiliated companies in order to strengthen their financial position. Outlook for the 2001/2002 Financial Year Siemens AG Austria has reacted to changing market conditions by means of setting up new companies, restructuring and cost-cutting. This has created the prerequisites to continue to be successful in an economically difficult environment. Business performance in those countries where Siemens AG Austria has regional responsibility is expected to continue to grow. The basis for this is that political relations are stabilising, and that there is a positive investment climate against the backdrop of economic upswing in the relevant countries. An increase in business volume is expected in the 2001/2002 financial year. Figures for both new orders and sales should exceed the previous year’s results. In particular, growth is expected in telecommunications infrastructure, transportation systems and IT services. Vienna, November 2001 The Managing Board Assets, Financial and Earnings Position The balance sheet total went up in the year under review by EUR 102.0 million. On the assets side, this was mainly the result of an increase in the items “property, plant and equipment” of EUR 25.3 million, “advances to suppliers” of EUR 30.4 million, and “receivables from group companies” of EUR 67.2 million; “financial assets” were down EUR 16.3 million. On the liabilities side, the increase is mainly attributable to the advances received from customers. In relation to the balance sheet total (without retained earnings), the liabilities side shows a net equity ratio of 16.9 %, which is a slight decrease of 0.2 % on last year. In spite of a significant improvement in the operating result, profits on ordinary activities were down EUR 88.2 million on the previous year; mainly due to a fall in interest and investment income. Proposal for the Distribution of Net Income The Managing Board of Siemens AG Austria proposes the payment of a dividend of EUR 247 million. The Managing Board furthermore proposes that the balance of the net profit be carried forward. Albert Hochleitner Chief Executive Officer “Bio-medical science will become the leading knowledge discipline in our society, which people will have to learn about and also come to terms with.” Johannes Huber Discoveries sometimes occur periodi- life expectancy of humans, which will values and also raise these in the cally in sciences; a change in think- have societal, economic and also debates. This is the only way of ing in medical fields seems to be sociological and psychological ensuring that biological knowledge is emerging from an area of science effects. not misused. It is worth noting that it that is connected with the term “stem is precisely the natural sciences that cells”. Here we are not just thinking Bio-medical sciences supported by IT are at present calling for ethics, about the use of embryonic cells to will become the leading knowledge ethical values and classical thinking, repair sick organs, which is ethically discipline in our society, which peo- because without these qualities no problematic and presupposes a pub- ple will have to learn about and also good may come of top biomedical lic process of discussion and clarifi- come to terms with. The unanswered achievements and they may well be cation, but above all the “trans-differ- question is whether the ethical com- perverted. entiation” of reserve somatic cells, petence of humans can keep up with which we all carry within us and the the lightning speed of progress in importance of which has so far been natural sciences. There is a fear that a overlooked by medicine. These pro- medical science that has become too genitor cells are able to regenerate good is throwing up problems that a organs and also to come to the aid of society can no longer answer, when various body tissues when needed. In its inner ethical values are becoming this way blood stem cells can trans- increasingly impoverished. Intuitive- form themselves into liver cells when ly, this is also registering with the the liver needs help it can no longer public, which, as a consequence of provide itself. These transforming the belief that it is impossible to first-aid cells raise many questions: upgrade the ethics of the post-mod- could they be re-activated in old-age ern human, is calling for bans. It’s and which laws apply to them? also true that conflict situations and problems are rarely solved with Bio-medicine armed with computer bans. In order to allow global technology will attempt to present advances in biotechnological data in this area, which will possibly research to become reality in a fundamentally change our society, human world, there is a need for because they will raise the average groups in society which have ethical Johannes Huber Graduate theologian and medic, Professor for endocrinology and reproductive medicine at the University Gynaecological Clinic in Vienna, Chairman of the Bio-ethics Commission, Head of the Department for Gynaecological Endocrinology and Sterilisation Treatment at the University Clinic for Gynaecology at Vienna General Hospital T h e C o m p a ny T h e C o m p a ny 17 Peter Flicker (until 7 December 2000) Alfred Ötsch (until 31 October 2001) Eduard Uhl (until 27 November 2001) Managing Board Chief Executive Officer: Albert Hochleitner Brigitte Ederer Franz Geiger Konrad Pernstich Peter Schönhofer From 1 January 2001 From 7 December 2000 From 1 October 2001 From 16 October 2001 Divisions ICN-Information and Communication Networks Herbert Götz Gerald Feilmair AOSA Telekom GmbH & Co OHG*) Hans Paul SBS-Siemens Business Services GmbH & Co*) Albert Felbauer Gunter Kappacher Karl Jesacher ICM-Information and Communication Mobile Dietmar Appeltauer Harald Wasserburger RHQvie ICM CP/MP Regional Headquarters (Parent company business area) EV/KWU-Power Transmission and Distribution, Power Generation I&S-Industrial Solutions and Services Werner Beier Wilfried Stuckart Gottfried Schuster Johann-Ludwig Wurzer SBT-Siemens Building Technologies GmbH & Co OHG*) Herbert Wegleitner Gerhard Schreidl PSE-Program and System Engineering Udo Scheiblauer Rudolf David Wolfgang Wrumnig A&D-Automation and Drives Wolfgang Morrenth Rudolf Preslicka SGS-Siemens Gebäudemanagement & -Services GmbH*) Werner Kruckow Friedrich Pressl Christian Knie SD-Siemens Dematic Paul Forstreiter (from 1 Sept. 2001) Gerhard Schenk Erich Noll (until 30 Sept. 2001) Werner de Vries (from 1 Sept. 2001) TS RA&P-Transportation Systems MED-Medical Solutions Rail Automation & Power Thomas Habenreich Edwin Schulz Wolfgang Röss Ernst Rieser Konrad Pernstich Harald Wasserburger Bacon Gebäudetechnik GmbH & Co KG*) ANF DATA spol.s r.o., Prague*) Stepán Kotva Jiri Svanda SWH s.r.o., Bratislava*) Gejza Büchler Peter Babinec SYSDATA Kft., Budapest*) Janos Feheregyhazy Bernhard Berger KRO-Croatia SLO-Slovenia BIH-Bosnia-Herzegovina JUG-Yugoslavia Wolfgang Hirzi KAM-Key Account Management Brigitte Ederer Franz Geiger EWW-Vienna Electronics Plant SPL Siemens Powerlines GmbH & Co KG*) SITEC Bau- u. Anlagenerrichtungsgesellschaft mbH*) Wolfgang Kropik Harald Rest Siegfried Glatz Hans Wehsely PD-Projekt Development Josef Forer Franz Mundigler Robert Artwohl Arnulf Wolfram Erwin Pichler Bruno Ruzicka bbcom Broadband Communications GmbH & Co KG, Hamburg*) Christian Zwickl-Bernhard BFE Studio und Medien Systeme GmbH, Mainz*) Service Departments GS/P-General Secretariat/ Group Press FRW-Finance and Accounting Alfred Zahorak Michael Kochwalter STR-Taxes, Legal Services SRE-Slovakia Rudolf Hiermann TS HR/SGP VT-Heavy Rail**) Siemens SGP Verkehrstechnik GmbH*) Walter Nitsch Andreas Bobik REG-Regional Responsibilities Key Corporate Departments Wolfgang Amanshauser Dietmar Appeltauer Gert Denk Wolfgang Flandorfer Herbert Götz Alexander Hartig Christoph Langer-Hansel Gernot Przestrzelski Hannes Rothwangl Rolf Thaler Manfred Völker Horst Ernerth Manfred Rumpf Dr. Josef Gaupmann U-Corporate Development (Strategy, Top-Plus, Quality Management Christian Luger HR-Human Resources Gerhard Hirczi OI-Organisation, Information Ulrich Bleicher Horst-Günther Ludwig EL/SPLS-Materials Management; Siemens Procurement and Logistics Services Josef Kinast SIM-Siemens Real Estate Management Franz Tomancok CCE-Competence Center E-Excellence Wolfgang Horak BM-Equity Investment Management Hans Wehsely REV-Auditing Heinz-Werner Häfner RM-Risk Management Erwin Ackerl IM-Innovation Management Gerald Fliegel CC-Corporate Communications Peter Baumgartner Austrian Regional Offices/Key Account Managers As of November 2001 Graz Klagenfurt Linz Salzburg Innsbruck Bregenz St. Pölten Eisenstadt Gerhard Geisswinkler Karl Komatz Wilhelm J. Lauer Hans M. Tuschar Wolfgang Laub Gerhard Gruber Peter Korczak Wolfgang Amanshauser Walter Mayr Wolfgang Richter Bernd Spratler Peter Vogel Josef Kolarz-Lakenbacher Christiane Gottweis (Representative Office) Josef Klementschitz ) Separate legal entity ) Parent company business area ** ** The Group This overview shows the member companies of ▲ Siemens AG, Berlin and Munich As of September 2001 100 % Siemens AG Austria 19 Information and Communications Industry Regional Responsibility (abroad) addIT Dienstleistungen GmbH & Co KG, Klagenfurt 74.00 % N: Euro 0.040 AOSA Telekom GmbH & Co OHG, Vienna 60.00 % – Arbeitsmarktservice Betriebs GmbH. & Co KG, Vienna** 40.00 % N: Euro 1.500 BFE Studio und Medien Systeme GmbH, Mainz, Germany 100.00 % N: Euro 5.650 BFE Studio und Medien Systeme GmbH, Vienna 100.00 % N: Euro 0.510 bit media e-Learning solution GmbH & Co KG, Vienna 50.00 % N: Euro 0.100 CYBERDOC Gesellschaft für Digitale Kommunikation im Notariat GmbH, Vienna** 49.97 % N: Euro 0.035 Datamil Informationssysteme GmbH & Co KG, Pasching 74.90 % N: ATS 20.000 DATATRAK Austria Telematik GmbH, Vienna** 40.00 % N: ATS 10.500 earn-e Internet Dienstleistungs GmbH. & Co KG, Vienna 90.00 % N: Euro 0.628 Fujitsu Siemens Computers GesmbH, Vienna** (50.00 %) N: ATS 1.000 itworx Informationstechnologie Services GmbH, Vienna 100.00 % N: Euro 0.091 master-talk Austria Telekom Service GmbH, Vienna** 50.00 % N: Euro 0.100 Medwell Internet Services AG, Vienna** 40.00 % N: Euro 0.096 Nofrontiere Design AG, Vienna** 25.00 % N: Euro 0.070 ringo Kommunikationsdienstleistungs GmbH & Co OHG, Hollabrunn 100.00 % – Siemens Business Services GmbH & Co, Vienna 100.00 % N: ATS 50.000 Siemens Business Services SRL, Baia Mare, Romania* 100.00 % N: ROL 135.000 Siemens Business Services s.r.o., Bratislava, Slovakia 100.00 % N: SKK 50.000 Siemens Datatrak Location and Information Systems GmbH., Vienna** 100.00 % N: Euro 0.035 Siemens Datatrak Location and Information Systems Ltd., Swindon, England 100.00 % N: GBP 0.000001 SIRAM Information Services Ges.m.b.H., Ranshofen 74.90 % N: Euro 0.219 smart technologies Management Beratungs- u. Beteiligungsgesellschaft m.b.H., Vienna** 74.00 % N: Euro 0.219 Together Internet Services GmbH, Vienna* 10.00 % N: Euro 0.035 TOSCA Telekommunikationsdienstleistungen GmbH, Vienna* 100.00 % N: Euro 0.037 Bacon Gebäudetechnik GmbH. & Co KG, Vienna 50.00 % N: Euro 1.000 Businesspark Brunn Entwicklungs AG, Vienna** 50.00 % N: Euro 0.073 Landis & Staefa (Österreich) Aktiengesellschaft, Vienna (100.00 %) N: ATS 29.500 Siemens Building Technologies GmbH & Co OHG, Vienna 100.00 % – Siemens Gebäudemanagement & -Services G.m.b.H., Vienna 100.00 % N: Euro 0.074 Siemens Industrial Services GmbH., Vienna 100.00 % N: Euro 0.037 SITEC Bau- und Anlagenerrichtungsgesellschaft m.b.H., Vienna 100.00 % N: Euro 0.073 Siemens d.d., Zagreb, Croatia 96.57 % N: HRK 94.591 Siemens d.o.o., Belgrade, Yugoslavia 100.00 % N: DEM 0.500 Siemens d.o.o., Ljubljana, Slovenia 100.00 % N: SIT 470.000 Siemens d.o.o., Sarajevo, Bosnia and Herzegovina 100.00 % N: DEM 0.103 Siemens s.r.o., Bratislava, Slovakia 100.00 % N: SKK 409.000 Siemens Group Austria. The percentages refer to the direct or indirect share ownership of Siemens AG Berlin and Munich. Where figures are in brackets, Siemens AG Austria has neither direct nor indirect shareholdings. Exogenous expansion continued, especially in the Information and Communication division. addIT Dienstleistungen GmbH & Co KG Klagenfurt emerged from the amalgamation of BITS Business Information Technology Services Klagenfurt and Carinthia EDV GmbH. Furthermore, a majority stake in Datamil Informationssysteme GmbH & Co KG Pasching was acquired. Likewise, Together Internet Services GmbH Vienna, was founded. To strengthen its position in central Europe, SBS acquired a majority stake in Siemens Business Services s.r.o. Bratislava as well as a 100 % stake in a software company now trading under the name of Siemens Business Services SRL, Baia Mare, Romania. By means of restructuring measures, our share in Medwell Internet Services AG Vienna was raised from 25 to 40 %. On the other hand, the Siemens group reduced its equity stake in red-stars.com data AG to 3 %. The Siemens group now holds 40 % of shares in DATATRAK Austria Telematik GmbH. In the reporting period, PSE expanded its activities in the north German area by acquiring bbcom Broadband Communications GmbH & Co KG Hamburg from ICN/SAG. In addition, a software company, PSE Romania s.r.l. Brasov, was founded in Romania. In the Energy sector, activities in Slovakia were stepped up through the acquisition of Telegyr Systems Slovakia s.r.o., Bratislava. In the year under review, Siemens acquired the Mannesmann part of the Vodafone group in Germany, and as a result, shareholdings in Mannesmann Austria AG were also taken over in Austria. The Industry sector consolidated its position by purchasing Demag Cranes & Components GmbH, Salzburg and by setting up the Siemens Dematic business division. The Siemens automotive engineering division founded a subsidiary, Siemens Automotive GmbH, in Vienna. Financial Services FSG Financial Services GmbH., Vienna 100.00 % N: Euro 0.074 INNOVEST Finanzdienstleistungs AG, Vienna 100.00 % N: Euro 0.146 PBV Informationsdienstleistungs GmbH., Vienna* 100.00 % N: Euro 0.035 Siemens Leasing GmbH & Co., Vienna 100.00 % – Siemens Pension Data Services and Consulting GmbH., Vienna* 100.00 % N: Euro 0.035 Siemens Pensionskasse AG, Vienna* 100.00 % N: Euro 3.650 Transportation Siemens SGP Verkehrstechnik GmbH, Vienna 100.00 % N: Euro 18.170 SPL Siemens Powerlines GmbH & Co KG, Vienna 100.00 % N: Euro 0.365 SML GmbH & Co KG, Vienna** 100.00 % N: Euro 0.037 Production and R&D Landis & Gyr Leit- und Fernwirktechnik Gesellschaft m.b.H. & Co OHG, Eisenstadt 100.00 % – Telegyr Systems (Slovensko) s.r.o., Bratislava, Slovakia* 100.00 % N: SKK 2.500 ANF DATA spol. s r.o., Prague, Czech Republic 70.00 % N: CZK 4.800 bbcom Broadband Communications GmbH & Co KG, Hamburg, Germany 100.00 % N: DEM 4.000 PSE Romania s.r.l., Brasov, Romania* 100.00 % N: LEI 54.440 SWH s.r.o., Bratislava, Slovakia 98.00 % N: SKK 15.200 SYSDATA Kft., Budapest, Hungary 100.00 % N: HUF 51.000 MWW Metallbearbeitungs-GmbH, Vienna 100.00 % N: Euro 0.035 Siemens Automotive GmbH, Vienna** (100.00 %) N: Euro 0.070 Healthcare Other ITH Information Technologies for Health Care GmbH., Innsbruck 52.00 % N: ATS 10.000 OSRAM Österreichische Glühlampenfabrik Gesellschaft m.b.H., Vienna (100.00 %) N: ATS 36.000 Energy Components ** These companies belong to the “Siemens Group Austria”, but have not EPCOS OHG, Deutschlandsberg** (12.50 %) – Infineon Technologies Austria AG, Villach** (71.00 %) N: Euro 17.228 Infineon Technologies Microelectronic Design Centers Austria GmbH, Villach** (71.00 %) N: Euro 0.037 been included in the general report. ** Business figures for these companies are not presented together with those of Siemens AG Austria as “Siemens Group Austria” in this annual report. Share of equity capital in brackets: Siemens AG Austria has neither direct nor indirect shareholdings in these companies. N: Nominal capital in indicated currency in million. “The ‘new’, improved man is a long-cherished dream, which so far in reality has always turned out to be a nightmare.” Conrad Paul Liessmann There is no doubt that innovations in formerly considered to be the basic be a nightmare. How can we protect the fields of biological and communi- biological model of man is for the ourselves against what we see as a cations sciences belong to the most first time at our disposal. technical programme of improving exciting technological and societal mankind once again becoming an developments of recent years. In Without falling into hypertrophic anti-human project? Perhaps we addition to the technical wonder- fantasies on human-breeding, it can should confront ourselves more with worlds that derive from them and the be said that beings whose spheres of the fact that technological advance associated economic impulses, there communication are expanding and does open up massive opportunities is widespread agreement that man’s intensifying both through mobile on the one hand, but in the end it is self-perception will change radically telephones and the internet at the up to us to decide on its implementa- due to these technologies. same time, and whose organs should tion in reality. Simply to rely on the in the near future become more momentum of technology and mar- Since Friedrich Nietzsche, we have capable through chip implants, ket forces is not enough. Not only known that man is a creature who is whose reproduction is increasingly politics, but also society and above not programmed to a certain life- being controlled asexually, and all companies that themselves are form. This was perhaps expressed whose genetic substratum will be taking a leading part in these most succinctly by Günther Aders, able to be corrected and optimised in innovations, are called upon to a philosopher who died in Vienna in the foreseeable future, that those address the question of which 1992: “Artificiality is the nature of beings will hardly show any resem- human or transhuman being is to man and his essence is transitori- blance to the creature we have so far live on this planet in future. ness”. Man has always not only referred to as “man” – even if a whole changed his surroundings through array of basic existential problems, culture and technology, but also him- which, contrary to some hope, self. However, these changes were cannot be solved by technology, strictly limited by the physical make- continue to affect us in a decisive up of human beings, which have only manner. been overcome in the last centuries by technical aids. The most interest- However: The “new”, improved man ing aspect of latest developments is a long-cherished dream, which so now lies in the fact that what was far in reality has always turned out to Conrad Paul Liessmann, Essay-writer, literary critic, culture journalist, Professor at the Vienna University Department of Philosophy, recipient of the City of Vienna’s Science Award, recipient of the Austrian Award for Cultural Journalism, winner of the City of Villach’s Cultural Award. Information and Communication Information and Communication 23 +++ ICN puts emphasis on IP-architecture +++ sectors as well as carrier-IP based multimedia This enables 24,000 staff in the building society across Austria, UTA has become the leading alter- Solutions for carrier and enterprise clients +++ communications. We also sell telephone systems, sector to be reached via a common number. At the native fixed network carrier for private and Communications outsourcing +++ CRM, messaging, PCs, networks and consulting services for small Austrian Central Bank (Österreichische National- business customers. mobile communications +++ Focus on e-business businesses, and home offices are also marketed on bank) network components for 2,500 users and +++ Building & operating OMV communications the internet at www.comsie.at. 800 servers as well as the network management Class Services have provided initial customer system were implemented by ICN-Service. solutions for Next Generation IP. This technology network +++ Successful export business +++ In its position as market leader in Austria, ICN Enterprise Networks will be shaping the market Information and Communication Networks (ICN) 1031 Vienna, Erdberger Lände 26 Sales: EUR 296.4 million Employees: 953 Heads of Division: Herbert Götz Based on an IP platform and wireless LAN, Unisphere IP network solutions for Carrier guarantees high speed internet connections for towards IP communication. Based on HiPath IP 270 ski-lifts will be networked with 150 cash desks service providers. Telekom Austria ordered digital convergence architecture, our aim is to further belonging to 22 companies in 5 different ski network nodes (2 Mbit switch level) which enable extend our market leadership in the field of com- resorts of the “Amadé” Salzburg-Styria Ski convenient switching of data connections and thus munications applications for customer relation- Association. make services available quickly via a central ship management (CRM), security, mobility (wire- ICN installed the Hicom Trading E trading management system. less) and messaging. One of our focal points is system with 140 work-stations at Raiffeisen taking on complete communications outsourcing Zentralbank’s Global Trading Center. At Vienna export markets. Work on extending Telecom services such as operations and carrier manage- International Airport migration from Hicom392 to Egypt’s telecommunications network was contin- the new world of communications and is putting a ment for all of our customers’ telecommunications a networked Hicom300 Hipath landscape was suc- ued. ICN started business with Maltacom by great deal of emphasis on Voice over IP (internet needs. cessfully completed (approx. 6,000 subscribers). providing EWSD access technology. Gerald Feilmair ICN supplies infrastructure and solutions for As in previous years ICN was very successful in protocol) and the combination of voice and data Key contracts for the reporting period were networks. Convergence not only saves on totally won in various sectors: We supplied EVN with the locations of Vienna’s Jewish Museum is replacing telecommunications market, ICN presented itself new cabling and telephone costs, Voice over IP world’s largest cordless multicell integration expensive communication using a nailed-up con- as an attractive partner to potential other licensed (VoIP) using HiPath and Surpass makes for com- installation with 300 base stations and a net- nection. Salzburg AG’s up-and-running call centre operators in Slovenia, Croatia, Bosnia-Herzegovina, pletely new opportunities in communication. With worked call centre. This guarantees that every based on IP was upgraded. Voice and e-mail rout- Serbia and Kosovo. these new solutions, businesses can react to cus- employee can be reached quickly. ing are now being used here too. A CRM solution tomer needs via any medium and can provide per- OMV outsourced its entire communications to Voice over IP via microwave radio at four was also integrated. In preparation for the deregulation of the There were several orders from these countries for the supply of SDH equipment and EWSD. In fect customer care via call centres. Employees can Siemens. ICN will build and operate a complete easily be found by means of number directories corporate network consisting of fixed, mobile and and providers) is going through a phase of consol- already received orders from Kosovo, and in Serbia (metadirectory) and can be contacted at any time data communications at all OMV locations in idation. Together with market-leader carriers, initial negotiations have begun with Telekom via various networks. Austria and abroad. In Austria alone, more than Siemens has added convergence and value added Srbija. 8,000 employees will be networked. services to voice and data networks. By extending ICN is committed to developing e-business solutions. We thus offer telecommunications systems for businesses of all sizes and from all Corporate network for OMV At the ERSTE Bank, we installed a uniform number directory (Meta directory) connected with SAP. Metadirectory for the Erste Bank The market for OLOs (other licensed operators spite of the difficult political situation, we have its existing voice network with EWSD system technology and setting up unbundling locations 270 networked ski-lifts in the “Amadé” ski resort Voice over IP at the Jewish Museum in Vienna Information and Communication Information and Communication 25 AOSA Telekom GmbH & Co OHG 1020 Vienna, Mexikoplatz 13–14 AOSA supplies components for extending engineering. Furthermore, the company has high-quality technical helpdesk for voice and +++ Networks, terminals and applications for the specialised in servicing PCs and mobile phones. data products and systems and for its software mobile world +++ Number 1 for cordless tele- At the “Instant-Service” point, mobile phones are applications. phones +++ Number 2 for cellphones +++ Wireless repaired on the spot – while the customers wait. Telekom Austria’s fixed network. AOSA’s system support and system upgrade service ensure the voice network’s high accessibility and quality. ringo Kommunikationsdienstleistungs GmbH & Co OHG Strong demand for internet access technology has 2020 Hollabrunn, Gewerbering 11 led to an even greater increase in business. We extended our market share in intelligent internet access via webpads +++ Launch of GPRS Tosca Telekommunikations Dienstleistungen GmbH 1031 Vienna, Erdberger Lände 26 Tosca erects telecommunications infrastructure In its first complete fiscal year, ringo Kommu- and subsequently offers telecommunications serv- +++ Successful exports to Eastern Europe +++ Information and Communication Mobile (ICM) 1031 Vienna, Erdberger Lände 26 Sales: EUR 519.1 million Employees: 217 Heads of Division: Dietmar Appeltauer networks and solutions for network operation. nikationsdienstleistungs GmbH & Co OHG was ices for these, including carrier management for Concepts drawn up by AOSA for rolling out a Next able to successfully establish itself on the market technology and business parks and other office Generation network incorporating existing for customer interaction centre (CIC) services. In complex projects. When a property is equipped Telekom Austria network elements were positively mid-June 2001 the new company headquarters was with high quality telecommunications equipment embraced. opened in Hollabrunn. ringo installed an inter- this facilitates its sale for the construction firm minals and solutions for tomorrow’s mobile world. Harald Wasserburger The ICM division provides infrastructure, ter- Telekom Austria AG awarded AOSA a contract national CIC for Siemens Mobile with competence erecting it. As well as offering these telecommuni- ICM sets up mobile communications networks in as exclusive supplier for extending the ATM broad- for Austria, Switzerland and south eastern Europe. cations solutions for projects in the Vienna region classic GSM technology, but at the same time is a band network including network management, A dispatching service for the Information and (campus 21), Tosca also supplies them throughout technological pioneer in the new, faster GPRS with a contract value of EUR 17 million. This exten- Communication division controls the deployment Austria. At the Technology Park in Villach, the networks and also in UMTS, the technology of the sion is the next step for Telekom Austria in setting of service engineers. first construction phase went into operation future. The first UMTS phone-call in Austria was successfully. made in July 2001 in Vienna. Mobile network oper- up an All-IP network. For the future, we aim to make the external market our key sales performer. 3G Mobile Tele- ators are using intelligent networks, which are the communications GmbH, an Austrian subsidiary of basis for prepaid services and other intelligent the Spanish telecoms operator Telefonica, is plan- telephone services. The central building block for ning to commission ringo for all of its CIC activi- mobile business solutions is Open Mobile Internet ties. Strong growth in demand for CIC services can Platform – a simple, tried-and-tested development be expected from telecoms operators, utilities platform for mobile applications enabling the of network engineering, with focus on planning, companies and also government authorities and integration of all application-specific middleware project managing and constructing multimedia banks and insurance companies. As an interna- components. networks – from the private home to office tower. tional partner of manufacturers and carriers, ringo itworx has a great deal of experience in fibre optic has identified substantial market potential for its itworx Informationstechnologie Services GmbH 1100 Vienna, Quellenstrasse 2 The core competences of itworx lie in the field ringo: highly active at their new premises Tosca: Multimedia networks for business parks ICM Devices (ICM D) supplies terminals which are used in these networks. Our products range AOSA: providing for good fixed network connections ME45: sturdy GPRS cellphone Information and Communication Information and Communication 27 from the simplest device right through to the most towards entertainment and infotainment via mobile sophisticated business cellphone, from cordless phone. Our service network for end-users was also telephones through to intelligent data products extended, with a second service shop opening in such as SIMpad, SX45 and other equipment which Vienna and an increase in our internet presence, enable wireless internet access. for example via our “Phone and Fun” portal. The ICM Centre of Competence, operating as a ICM D is now the traditional number 1 in Siemens Datatrak Location and Information Systems Ltd DATATRAK Austria Telematik GmbH 1040 Vienna, Argentinierstrasse 22/1 Wiltshire House County Park Shrivenham Road Swindon Wiltshire SN1 2 NR UK DATATRAK Austria Telematik GmbH (D.A.T.) is Austria’s only supplier of telematics to use its own Siemens Datatrak operates and distributes a positioning and data communications network. It Austria for cordless telephones. We continued to parent company business area, is in charge of pro- fully integrated system for the management of uses Datatrak technology, a process developed espe- sell our Gigaset 3000 series with its successful fessional mobile communications using TETRA mobile resources. The system consists of a com- cially for security-oriented applications. This system portfolio of products and we launched our first technology. munications component (realtime communication is characterised by a high level of positioning via UHF or GSM or Tetra communication) and a accuracy and secure real-time data transmission. ICM was particularly successful in export 4000-series product. markets in the reporting period. The launch of positioning component. Positioning is carried out number 2 position on the Austrian cellphone mar- business in Slovakia has now filled the last gap in using a hybrid longwave and GPS system, and is ket. Products suitable for all target groups – from our “REG” (regional responsibility) countries – highly accessible, exact and precise. ICM D managed to extend and consolidate its master-talk Austria Telekom Service GmbH the “traditionalist” to the “cool dynamic” – are Slovakia, Slovenia, Croatia, Bosnia and Yugoslavia. offered. New colour designs make the 35-series EUROTEL Bratislava awarded us a contract to supply its business activities on the UK network and particularly attractive. Furthermore, we launched an intelligent network. This now means that seven selected regions in Eastern Europe and South our TOP SL45 Mobile phone with integrated MP3 out of the 10 operators in the region use Siemens America. Other regions are also being catered for according to the uniform worldwide TETRA digital player and our S40 triband mobile phone. Siemens technology. Thus Siemens ICM now has a leading indirectly via acquisitions. Our internal organisa- communications standard and also acts as an alter- entered the GPRS world with the S45 and the ME45 position in this geographical area. Extension of the tion has been streamlined and has become native licensed fixed network operator. In Febru- models. In the field of data products, Siemens network in Croatia, where intelligent networks are growth-oriented. ISO 9001/2000 certification is a ary 2000, master-talk was granted a licence to set launched SIMpad – the first ever webpad – making being set up and where WAP and GPRS are being milestone in process optimisation. We received an up the first TETRA network in Vienna and the sur- cordless internet surfing possible. An Austria-wide launched, is particularly successful. UMTS is not order from Argentina for 4,000 theft-monitoring rounding region. Network roll-out in the licensed distribution network was set up for wireless mod- expected to be launched before 2004, but UMTS units with an option for a further 6,000. In the U.K. area will be completed by the end of the year. The ules and initial projects were carried out. In order technology has already been demonstrated live. In we acquired reputable new key accounts, e.g. Avis, Vienna Local Railways (Badener Bahn) and 70 to offer our customers optimum support, ICM D has the steadily growing B2B market, synergies with Bosch Siemens Homecare and Europcar. A distrib- buses are already enjoying the benefits of this sys- set up its own promotion team which supports our other Siemens divisions are being exploited. utor agreement was signed with Jarvis, one of our tem in their operations. sales team and sales assistants at the point of sale. Mobility is a key factor in ICN’s major contracts, biggest customers. In future, our SL45i model will open up new such as those for the networks at OMV or EVN. In fiscal 2000/2001 Siemens Datatrak focused 1040 Vienna, Argentinierstrasse 22 master-talk operates a digital Tetra network In addition to having extensive know-how in Market penetration in the telematics solutions erecting complex mobile radio and communica- areas of business. The Java mobile phone will Staff availability and access to data are becoming sector is very low at the moment. Demand for inte- tions systems, Siemens also has a TETRA Compe- enable individual mobile phone design. Siemens is increasingly important for customer care and for grated solutions for raising efficiency and security tence Center in Vienna which offers master-talk using this development to focus on the trend efficient business procedures. is therefore on the increase. support in its network roll-out. Gigaset 4010: New cordless product S45: Siemens first GPRS cellphone UMTS base station Legende Datatrak: Positioning system for Ferraris DATATRAK Austria: Positioning system for professional fleet management master-talk: Tetra networks for security use Information and Communication Information and Communication 29 +++ SBS is leading ERM integrator and outsourcing efficient use and linking of information – Customer relationship management with Due to strategic partnerships, we also expand- The “Together” insurance broker platform was ed our position in the Austrian provinces. founded as a link between insurance companies sector and among the utilities +++ Insurance solutions coordinating sales, marketing and SBS acquired 74.9 percent of datamil (located in and insurance brokers for efficient administrative business and industry become new focal business customer service specialist +++ Dominant position in the public Pasching), a systems company aimed at the small business processes. SBS erected a new high- – Supply chain management for smooth and medium scale sector and that specialises in performance computing centre for services in the presence in the Austrian provinces +++ ASP processing of business, from receipt of order to the food and beverages industry. Together with e-business and internet segment in the town of solutions future trend +++ delivery; SIRAM (located in Ranshofen) this represents a Neutal in Burgenland. Within the scope of business sectors +++ Datamil and addIT strengthen our – Electronic commerce to increase attainability, Siemens Business Services GmbH & CO (SBS) 1031 Vienna, Dietrichgasse 27–29 Sales: EUR 259.4 million Employees: 1,147 Managing Directors: Albert Felbauer (from 1 April 2001) Gunter Kappacher Karl Jesacher Franz Geiger (until 31 March 2001) Siemens Business Services (SBS) is a division sharp increase in our market presence in Salzburg process outsourcing, SBS automated Austrian to speed up processes, to open up new markets and Upper Austria. The merger of carinthia EDV Airlines’ ticketing system. and to secure future competitiveness. with BITS Business Information Technology Ser- SBS is market leader for introducing integrated tracts, e.g. for changing over to the euro, as well as ERM applications in Austria and managed to con- rise to addIT Dienstleistungen GmbH & Co KG, the a contract to integrate two BS 2000-S120 systems solidate this position during the past financial province’s leading IT service provider. into its computing centre. year. It operates the largest industrial computing We set up our own subsidiaries in Romania and Slovakia. SBS has won a key contract in Romania tion in every market segment and thus improve its market and was able to increase its order books for a project for the employment office. Business competitiveness in various areas of e-business. through business from new customers. performance in Croatia and Bulgaria went accord- Work is being done on solutions for SBS customers ing to plan. that can easily be replicated. We strengthened our share of the management consulting market. SBS’s core competitive advan- primary objective is to be a recognised and reliable tage is know-how in key business processes in ness Services’ main focal business areas. BEWAG consulting, solutions and services company for varying business sectors. SBS remains Austria’s was made fit for the liberalised electricity market information and communication solutions and a number 1 among the public sector and public utili- by having SAP mySAP Utilities installed. The Feder- preferred partner for electronic business. The ties companies. al Ministry of Finance commissioned SBS as gener- Services account for 85 percent of business at Last year’s key projects reflect Siemens Busi- al contractor for switching the federal administra- comprehensive e-business solutions from a single SBS. The firm is thus Austria’s largest IT service source, according to the slogan “consult, design, company. As a result of amalgamation with the to SAP R/3. Part of this project also includes reengi- build, operate, maintain”. Siemens Competence Center Networking IT Ser- neering the federal administration’s administrative The main focuses of the SBS range are: vices division, our operating resources and sales in procedures. – Enterprise resource management (ERM) for the operator business sector have been focused optimising administrative business processes – Business information management for Austria’s largest computing centre for outsourcing customers In future, SBS aims to increase its leading posi- centre, dominates the Austrian outsourcing of Siemens which is a separate legal entity. Its company offers the complete range of value added Spar AG awarded SBS extensive service con- vices and Siemens IT Service in Carinthia has given tion’s entire budgeting and accounting procedures At the Wiener Linien (Vienna Public Transport and concentrated and we have thus achieved a Authority), Austria’s first SAP SEM (Strategic leading position in this segment. Enterprise Management) project was completed. Automated ticketing at Austrian Airlines SAP Strategic Enterprise Management installed at Vienna Public Transport mySAP Utilities are making BEWAG fit for deregulation Information and Communication Information and Communication 31 addIT Dienstleistungen GmbH & Co KG 9020 Klagenfurt, Schaussgasse 7 addIT is a product of the merger of carinthia ice provider), mobile computing solutions in networking and outsourcing and e-business. Datamil bit media e-Learning solution GmbH & Co KG also offers SAP for application hosting, in particu- 8054 Graz, Kärntner Strasse 294 Nofrontiere Design AG 1150 Vienna, Zinckgasse 20–22 Nofrontiere, which stands for top-class concept lar in the AS/400 and WIN2000 environment. In the year under review, datamil entered into a strategic division in Carinthia. The aim of the company is to partnership with BSI in the field of SAP Ready to institutions complete solutions in the field of and culture, managed to consolidate its market become Carinthia’s number one IT service Work solutions for the retail trade and automotive learning according to the slogan “Learn whenever, position in the year just ended. In spite of the provider and to employ its capacities throughout subcontractors. Dairies can offer up-to-date infor- whatever, wherever you like”. This learning solu- collapse of the new economy, results were positive. Austria and in cross-border projects. Alongside the mation to farmers via the e-milk portal which was tion provider, in contrast to other providers, will Nofrontiere developed a website and editing sys- main offices in Klagenfurt which have recently developed together with Bergland, one of our cus- be in the black this year. E-learning is one of the tem for self-maintenance at OMV. Other customers been moved into, there are further locations in tomers. References for SAP R/3 and outsourcing e-areas that shows continuous growth and best include Austria Tabak (investor relations website) Villach (Carinthia’s first private professional com- are Artax/Lactoprot and Unimarkt, where SAP-ISR future prospects. bit media wants to further and Jet2Web (www.jet2web.net portal). In the field puting centre) and in Linz (Document Solutions). (solution for the retail industry) was implemented. consolidate its position in the German-speaking of culture and the arts, mention should be made of At Kelag (Carinithia’s electricity utility) a solution SAP R/3 accounting was installed at Teufelberger. area and to expand in the international arena via a installations at the “Haus der Musik” and the network of partners. Large companies such as Jewish Museum. Nofrontiere is currently working SIRAM Information Services GmbH Austrian Federal Railways (ÖBB), Opel/GM, closely together with Siemens on building up the 5282 Ranshofen, Lamprechtshausener Strasse 61 Krankenanstalten GmbH Styria and also provincial new mobility/convergence segment. Nofrontiere is governments and ministries rank among the also working on the media design for the planned company’s customers. “Nationalpark Donauauen” visitors centre in in preparation for the deregulated electricity market is being installed. Software implementation on the basis of Windows 2000 is enabling Carinthian schools to get onto the web. A hospital management information system is being devel- This company was set up as a joint venture with oped with KABEG and a data warehouse has been AMAG. In addition to maintaining, servicing and installed at Frantschach. Micronas has outsourced developing AMAG’s systems, SIRAM also offers its its IT to addIT. services externally. Among other products, we offer SAP Human Resources as an Application Datamil Informationssysteme GmbH & Co KG 4061 Pasching, Schärdinger Strasse 1 bit media offers businesses and public and structure solutions in the fields of e-business EDV, BITS and Siemens AG Austria’s IT service Hainburg. CYBERDOC GmbH Gesellschaft für Digitale Kommunikation im Notariat GmbH 1010 Vienna, Landesgerichtsstrasse 20 Service Provider and an SAP ready-to-work solution for automotive subcontractors. Cyberdoc’s core competence is setting up an In the year under review, SIRAM managed to electronic archive to store notarial documents. In significantly beat targets. Migration from R/2 to R/3 future, this platform will also be available to third is being prepared at AMAG. At the same time a parties (authorities and other professional groups) ning, carrying out and maintaining IT projects in contract was awarded to upgrade the entire net- for use in electronic documentary and legal corre- the food and beverage industry as well as in work. In the coming financial year desktops are spondence. In the reporting year, hardware and wholesale and retail. Focal areas are SAP (full serv- also to be renewed within the scope of this project. software were prepared for the project, and it was datamil has many years of experience in plan- tested and delivered, with the documentary archive also going into operation. addIT: leading Carinthian IT service provider datamil: Specialist for the food and beverage industry Bitmedia: Learning solution provider Nofrontiere: Installation at the Jewish Museum in Vienna CYBERDOC: Electronic document archive “Whoever conducts politics and business without basic research is like a farmer who feeds all his seeds to his animals during winter.” Markus Arndt A country that wants to be at the that the uncertainty principle of forefront of latest technology in the electron will be relevant. Also twenty years is well advised to invest transistors that only consist of one massively in pure knowledge-oriented single molecule are conceivable. basic research today. Important areas of nano and computer technology will blend into basic The accuracy of this statement can be research. easily illustrated by way of example of quantum physics. Basic research In addition to the classic information concerns itself with seemingly philo- technology with quantum systems, sophical topics like wave-particle there are also new concepts for quan- dualism, nonlocality, uncertainty tum computers, cryptography or relation, entangling, or objective teleportation that have arisen out of coincidence. pure curiosity. These concepts now promise in the long term to be able But straight out of the new view of to solve certain problems in a way the world, economically important better than was ever possible with developments have emerged. The classic physics. quantum physical nature of waves in massive particles has long been a The applications that are above all a technical reality in electron micro- result of the unexpected will more scopes. The laser, first judged to be a than compensate for the investment solution for a non-existent problem, in research. is today responsible for a billiondollar industry. And modern semi- Whoever conducts politics and conductor technology would be business without basic research is inconceivable without the under- like a farmer who feeds all his seeds standing of quantum physics. to his animals during winter. He can probably keep them satisfied and In the near future the conducting calm for one winter, but after that paths on microchips will be so small they will all starve. Markus Arndt Assistant Professor at the Institute of Experimental Physics at the University of Vienna. Recipient of the FritzKohlraush Prize from the Austrian Physics Society, Graz and the Erich-Schmid Prize from the Austrian Academy of Sciences. Information and Communication Information and Communication 35 BFE Studio und Medien Systeme GmbH D-55124 Mainz, An der Fahrt 1 Umsatz: EUR 75.1 million (incl. Vienna) Employees: 334 (incl. Vienna) Managing Directors: Horst Ernerth, Chairman Manfred Rumpf Dr. Josef Gaupmann BFE Mainz and Vienna supplies turnkey radio and television studios, outside broadcast vans as well as media engineering systems and operates as a solutions provider with a neutral range of products. The positive trend of recent years continued in the reporting period. New orders, at EUR 101.9 million, were up significantly on last year. One of BFE’s most important projects was supplying the broadcasters of the 2002 Football World Championship in Korea and Japan with the necessary technical infrastructure. Other projects included equipping ORF (Austrian Broadcasting Company) regional studios in Dornbirn and BFE Studio und Medien Systeme also saw satisfactory results in export markets. Exports now account for 34 percent of new orders. Our high sales levels are mainly attributable to successfully concluded projects at the Mitteldeutsche Rundfunk, Uzgosteleradio Uzbekistan and at ORF’s regional studio in Eisenstadt. Installa- Fujitsu Siemens Computers GesmbH Austria & SEE 1031 Vienna, Dietrichgasse 27–29 Sales: EUR 209.7 million (1 April to 31 March) Employees: 84 (Austria) + 14 (SEE) (as of 31 March 2001) The business year of Fujitsu Siemens Computers runs from 1 April to 31 March Managing Directors: Marcus Dekan Heinz Mazinger 1090 Vienna, Alserbachstrasse 14–16 Sales: EUR 1.3 million Employees: 8 Managing Director: Hansjörg Tengg smart technologies supplies complex IT solu- tion of media technology at the German Bourse and supplying outside broadcast vans to the smart technologies Management Beratungs- und Beteiligungsgesellschaft mbH Fujitsu Siemens Computers Austria GmbH, tions for deregulated energy markets, for example Hessischer Rundfunk, TV Anhui in China and to with headquarters in Vienna and local sales offices for determining and pricing equalizing energy, Uzbekistan also contributed to our success. in Graz, Innsbruck, Salzburg and Linz, is a sub- clearing and settlement between consolidated sidiary of Fujitsu Siemens Computers BV (head- group companies and control zone management, increase in its share of exports as well as to inten- quartered in the Netherlands) and is market leader trading systems for energy exchanges, and inter- sify service and maintenance activities. Overall on the Austrian PC market. The company is also in face software connecting up power utility compa- positive development for the future can be expect- charge of the South East Europe Region which nies’ existing IT systems. ed on the basis of follow-up orders within the includes the company’s representative offices in scope of the 2002 Football World Championship in Slovenia, Croatia, Bosnia, Macedonia, Yugoslavia, nologies concluded a systems supplier and man- Korea/Japan and construction of outside broadcast Albania, Bulgaria, Romania, Hungary and Slovakia. agement contract with AOCS AG, which in turn, For the future, BFE is planning to continue the vans. Klagenfurt, upgrading technical equipment for Deutsche Welle, and for Ukraine’s broadcasting corporation, supplying home order television to Belgium and relocating the Munich broadcasting The company covers the complete range of per- In the financial year just ended, smart tech- based on the smart system, was awarded the sonal and enterprise computing, from notebooks, licence which was tendered for the supplied ener- PCs and workstations, through Intel and Unix gy clearing office for Verbund-APG control zone. servers to mainframes and storage solutions with Furthermore, smart technologies prepared for the innovative, cutting-edge products. coming EXAA (Energy Exchange Alps/Adriatic), having been commissioned by its proponents, and, centre of channel N24. as a systems supplier, took a 10 % equity stake in this Austrian energy exchange. There is a high level of interest in these kinds of solutions in the EU and EU-accession countries. Development of the relevant IT systems for the deregulated gas market has started. Systems room at the ORF regional studio in Graz Production room at the ORF regional studio in Eisenstadt SCALEO, high-performance PC PRIMEPOWER server Lifebook with Bluetooth Energy Energy 37 In the power station instrumentation and con- +++ New services for the deregulated markets +++ and abroad. Now new areas of business are being General contractors for power plant projects +++ focused on: Including services for the deregulated trols segment, customers are putting their trust in werktechnik was completed and corporate goals Optimum resource utilization due to high efficiency market, power stations using renewable energy IT Power Solutions for process optimisation as an and objectives were realigned with the RHQ Vienna +++ Environment-friendly thermal waste disposal sources and environment-friendly thermal waste integral part of modern power station equipment. for energy management and information systems. +++ Photovoltaics using cutting-edge thin-film disposal. E-business is enabling more intensive The control equipment at the Wels district heating technology +++ cooperation with clients and is accelerating plant was supplied by Siemens and the Iskenderun processes and enabling us to offer value added power station in Turkey (2 x 600 MW) is also being services. equipped with power station controls and instru- Power Transmission and Distribution, Power Generation (EV/KWU) 1211 Vienna, Siemensstrasse 92 Sales: EUR 153.8 million Employees: 251 Heads of Division: Gottfried Schuster Business in power generation was spurred by key general contractor contracts for power stations ments from Austria. The Regional Headquarters Vienna for network both in the domestic market and abroad. The tech- controls and instrumentation and information nology of the Power Divisions guarantees a partic- systems was successful in expanding its position ularly high level of efficiency and thus optimum in the extended sales region in the Generation resource utilization. At the newly-erected Vienna Systems segment. Orders in this new sales territo- Donaustadt gas and steam power plant, in compar- ry are evidence of the high level of customer mission and power distribution in Austria is ison with previously installed power plants, fuel is benefit provided by Siemens energy management being shaped by deregulation and the subsequent being saved and the legal waste gas emission systems. changes in structures at the energy utility compa- thresholds are not even being reached. Johann-Ludwig Wurzer The market for power generation, power trans- nies. In addition, changes in the law governing the And at thermal waste incineration plants and Within the scope of our responsibility for the countries of Slovakia, Croatia, Slovenia, Bosnia and electricity sector have opened up new opportuni- waste power plants Siemens can offer the currently Herzegovina and Yugoslavia, we are promoting ties for power generation using renewable energy highest available level of technology, with the growth in business. Siemens was commissioned to sources. strain on the environment being relieved by a sig- carry out upgrading work on power supplies for nificant reduction in carbon dioxide and sulphur the Mirash and Badh coalmines in Kosovo. In coop- dioxide emissions. eration with clients in Sarajevo, a 35kV power The EV/EKU division, as a partner in all energy matters, has also been restructured in order to meet the new market requirements. Up to now the Siemens is also making its mark in the field of supply system is currently being built. For the first division has been successful with its product port- alternative energy forms. The newly constructed time, we have received orders for protection folio, which ranges from components and solu- Congress Centre in Salzburg will procure 35,000 equipment from Bosnia and Herzegovina. At the tions for power transmission and distribution as KWh per year from a photovoltaics system. Kolubara coal-fired power station in Yugoslavia the well as power generation, and in its role as a Teleperm XP system is being used to upgrade general contractor for key projects both at home instrumentation and controls. HIS – Highly Integrated Switchgear up to 145 kV SIPROTEC protection equipment with integrated remote maintenance Salzburg Congress Centre – largest photovoltaics system using thin-film technology Restructuring at Landis & Gyr Leit- und Fern- Turbine for the Donaustadt gas and steam power plant in Vienna Control equipment at EW Wels AG’s district heating plant Industry Industry 39 +++ Key contracts in core sectors metal and paper I&S also won interesting contracts in its core electro-technical solution for the paper machine +++ Market leader in automation and drive engi- +++ Pioneer achievement in Chrysler PT Cruiser sectors. The division made pioneering achieve- 11 currently under construction at SCA Laakirchen neering +++ Improved position in process automa- production +++ Successful projects in wastewater ments in the construction of the production line AG in Upper Austria. tion +++ Platform concepts for fast product devel- purification and water supply +++ CABLE liners for the Chrysler PT Cruiser, a cult automobile that enter airport market +++ Co-generation power harks back to the 1950’s. Using existing and new There are an increasing number of small, spe- Automation +++ Massive growth in e-business +++ station for district heating supply in Riga/Latvia automation components, the raw car body produc- cialised firms entering the market. I&S’s future lies Successful business in Eastern Europe +++ +++ Future market: Traffic telematics +++ tion line at the Eurostar automobile factory in Graz in complete solutions covering the lifecycle of was completed in less than four months. industrial systems. Our services in this area range Industrial Solutions & Services 1211 Vienna, Siemensstrasse 92 Sales: EUR 107.0 million Employees: 739 Heads of division: Werner Beier Wilfried Stuckart IT integration and networking of production Together with DCC (Doppelmayr Cable Car The engineering sector tells a different story. from construction right through to finance. GmbH), work is being carried out on constructing In the electronics installations segment, I&S is a CABLE Liner Shuttle at Birmingham International concentrating on technologically more sophisticat- Airport, one of the five largest UK airports. It will ed business, such as instrumentation and controls, connect the airport railway station with the termi- installations in the petrochemical industry, com- nal building and should go into operation in missioning and testing for rail vehicles. spring 2002. For Siemens and Doppelmayr this opment +++ New products for Totally Integrated Automation & Drives 1211 Vienna, Siemenstrasse 92 Sales: EUR 130.9 million Employees: 170 Heads of division: Wolfgang Morrenth Rudolf Preslicka The Automation & Drives (A&D) division can look back on a very successful year. Steady growth In Intelligent Traffic Systems (road traffic continued. New orders and sales were also above automation using commercial ERP systems is project represents entry into one of the most engineering), I&S was faced with continued cost target. A&D is market leader for automation and opening up more potential for rationalisation in the important markets for Automatic People Movers; pressure in traffic signals business and managed drive engineering and technological leader in most manufacturing and processing industries. Manu- the airport market. to counter this with innovative technologies (LED product segments. We plan to extend this top signal transmitters). The largest contract in this position in manufacturing automation, machine facturing processes are speeding up even more I&S is also setting the tone in innovative energy and at the same time they are becoming more effi- generation. A co-generation power plant, which segment was for traffic monitoring for the Vienna controls, drives and also switching and installations cient. But comprehensive projects such as these is being constructed by I&S and will be operated police force. Traffic flows can be monitored from engineering. With its competence and innovative are very sophisticated and need to be tackled using for ten years, is to provide electric energy for the police headquarters. Another important project force, A&D aims to reach the top in process a step-by-step approach. The market for appropri- constant operation of the sewage treatment works involved putting the Graz traffic control system automation as well. Innovations are the key to ate technical services is developing in line with this. in Riga Udens in Latvia. Simultaneously, waste into operation. A&D’s success. In view of intense competition on global markets, constant high availability levels of plants and systems are increasing in importance. Services energy will be recovered to heat the sludge diges- A&D has been active in the e-business sector tion towers. for more than ten years now. A&D customers can I&S was also successful in its traditional areas call up information in electronic form and can such as maintenance and repair are becoming of business. Some significant contracts include: place orders online. At the same time they can also important topics. I&S offers services that guaran- Modernisation of shredding machine units in receive extensive service via the internet. In the tee operation within an extremely short time Baoshan in China, and of the main hot-strip mill reporting period 15 % of business was conducted period. Interest in such services is high. drives at voestalpine Linz, as well as a complete online. CABLE Liner Shuttle for Birmingham International Airport Pioneer achievement at the Chrysler PT Cruiser production line State-of-the-art drives for voestalpine steelworks in Linz Vienna’s police monitor traffic flows Comprehensive industrial service at Vöslauer Numerical controls Industry Industry 41 The A&D Mall, which recently went online, There is a great deal of interest in machine tool facilitates selection, order and delivery of over upgrading (Retrofit). And together with the I&S 80,000 items from the A&D range. Workshop in Linz we won new customers for com- A&D aims to continue to grow profitably and to plete machine tool equipment including switching provide customer care from its own innovative cabinets – in total around 400 items. By conclud- products. We extended our product range by ing service contracts an ever-increasing number of taking over other businesses, also increasing our machine tool users are taking advantage of fixed- know-how and thus opening up new markets. Our fee service packages. acquisition of Milltronics has strengthened our A Siemens frequency converter is being contractor for the new logistics centre contract at Siemens Dematic 1211 Vienna, Siemensstrasse 92 Sales: EUR 103.0 million Employees: 67 Heads of division: Walter Nitsch Andreas Bobik Due to the acquisition of several Mannesmann companies, Siemens’ range in the logistics segment has taken on completely new dimensions. Rail Cargo Austria, a subsidiary of ÖBB (Austrian Federal Railways). A large industrial project involves quadrupling the existing logistics system at Schachermayer. Siemens Procurement and Logistics Services (SPLS) 1211 Vienna, Siemensstrasse 92 Sales: EUR 18.0 million Employees: 220 Managing Directors: Wilhelm Kindlinger installed at the world’s largest extruder at Borealis’ The Siemens Dematic (SD) division was set up in polyolefin plant in Vienna-Schwechat. Siemens is June 2001. Its products range from consulting, concept provides a platform for integrated the only company to offer a new HV-IGBT-Genera- through planning and simulation to setting up automation from incoming goods through the tion that covers the higher range of medium volt- and commissioning logistics projects and systems. core manufacturing process to outgoing finished age applications – up to a supply voltage of 6.6 kV. Mail distribution centres and package sorting sys- goods, irrespective of whether for job-order or It was the first time at Borealis that such a large tems are just as much part of the range as building aims to offer its customers fit-for-market services flow production. The concept also enables simple system was fitted using Profibus DP and medium complete industrial warehouses. Pick-and-place in the fields of procurement and logistics and to and fast development of intelligent products and low voltage was integrated. machinery and passive components are still part of exploit e-procurement and e-logistics potentials. position in the components sector. Our “Totally Integrated Automation” (T.I.A.) Christian Weishäupl SPLS, which has existed since 1 January 2001, this division. SD is developing into a supplier of The business unit’s core competences lie in the tion. This makes for considerable competitive ing the world’s largest pulp processing plant in complete industrial solutions. SD Central Eastern fields of procurement and logistics, related e-busi- advantages for our customers. This T.I.A. system Araqrux, Brazil, using cutting-edge switching Europe was given responsibility for a number of ness solutions, supply chain consulting and global is being used increasingly in the process industry technology from Siemens. And at the Micro Design eastern and southern European countries. sourcing. In particular, cost savings are made by as well, thanks to our SIMATIC PCS7 instrumenta- Centre newly built for Infineon as well as at the The market for logistics automation is currently tion and control system with its extended Villach Technology Park A&D products and sys- showing dynamic development. The trend towards services. The IT tool used is “click2procure” buy- functionalities. tems have been used. The Engelberg Tunnel near logistics outsourcing is being spurred by companies side-marketplace, with SPLS being responsible for Stuttgart was equipped by A&D with state-of-the- concentrating on their core competences. Physical its installation and operation. Furthermore, SPLS consolidated. The Shopturn software package art tunnel electric equipment considered by inter- logistics is being taken on by specialists such as can control its customers’ global goods and infor- gives SINUMERIK additional uses. Last year the national experts as exemplary due to its fulfilment freight forwarders, the post office, the railways mation flows by focusing on warehousing, export SINUMERIK 802 was launched on the market, of highest safety criteria. and couriers, express and parcel delivery services. processing, spare parts and express logistics. To Siemens Dematic provides these companies with optimise the whole supply chain, SPLS offers and systems as well as IT integration of produc- Our position for machine tools was further which, along with the new Shopturn user interface, MFA, the Maschinenfabrik Andritz, is construct- In terms of looking after business in the CEE grouping procurement volumes for goods and is already in operation at the Fürstenfeld training countries, A&D is one of the most successful equipment. As a provider of complete systems, SD consulting from diagnosis through design centre in Fohnsdorf. divisions. is world market leader in the post office market. through to joint project execution. Siemens has set up mail and parcel sorting systems for the Austrian Post Office. SD is general New low voltage circuit breaker Increased competence in process controls Parcel sorting systems for airports Mail distribution centre SPLS logistics communications system “Buildings are becoming more efficient and more comfortable. Building technology and information and communication technology will play an everincreasing role.” Ludger Hovestadt Every 18 months computers become this problem: A complex system is ings the cars have become stationary twice as fast, smaller and more broken down into single compo- in the form of workstations and powerful, according to Moore’s Law. nents, which internally possess a secondly the technology “disap- If 100 processors are installed in a high, customisable functionality and pears”, becomes invisible, it adjusts building today, then it will probably externally offer simple and standard- itself to every structure and surface be 10,000 in 2011. What will build- ised interfaces. and is no longer as obvious as a car. ings look like, in which there could soon be more processors than bricks? As a result, technology also has no Precisely in this way it seems possi- influence on shaping the develop- ble to organise a building in simple, ment of architecture. Buildings will become more efficient spatial modules, which observe and more comfortable, exemplified simple, geometrical and structural However, interesting questions can by the development of the passenger rules and are provided with energy be derived from this comparison: car. Building technology in general, (e.g. 230 V, water) and data (e.g. What learnings can be transferred to and information and communication TCP/IP, HTML, OSGI). These compo- the planning and construction of technology in particular, will play an nents can offer many different func- buildings from comparable proc- ever-increasing role. tions internally and can externally be esses in car manufacture? What can combined, exchanged and renewed be learnt from the relevant leasing But: Software is obsolete after a year, as desired. It should also be possible and test models? What infrastructure electronics after 3 years, the remain- to develop them and produce them is necessary to develop, adapt, pro- ing building technology after 15 on an industrial scale and just to duce, sell and maintain the described years, the brickwork and façade not install them on-site. building modules? And – what role until after 50 years. How can build- can a company like Siemens play? ings be structured and organised in The buildings can then be compared a way that they do not have to be to a full multi-storey car park: a sim- fundamentally altered with every ple and universal infrastructure, new version of software or hardware? filled with complex and customised but highly similar modules – the IT has developed the concept of parked cars. This comparison is object-oriented programming for somewhat flawed: Firstly, in build- Ludger Hovestadt Professor of architecture and CAAD at the Swiss Federal Institute of Technology in Zurich (CAD, artificial intelligence, multimedia, virtual reality, computer supported co-operative work and intelligent building), co-proprietor of the company “digitales bauen” in Karlsruhe, Germany. Industry Industry 45 +++ Six specialists form building technologies group +++ Services range from project development through installation (for buildings and security & safety) to facility management and operation +++ Trendsetter in lifecycle management +++ Surge Siemens Building Technologies GmbH & Co OHG (SBT) 1231 Vienna, Breitfurter Strasse 148 Sales: EUR 167.1 million Employees: 560 Managing Directors: Herbert Wegleitner (spokesman) Gerhard Schreidl in sales at Cerberus +++ Key contracts for energy and installation engineering +++ Landis & Staefa SBT-Cerberus continues to launch new improves market position +++ subsidiaries – cover the whole lifecycle of a build- Vienna offices of the Industrielle Vereinigung ing. Due to this comprehensive competence in (Confederation of Industrialists). building technology, Siemens is very successful as We successfully carried out performance general engineering contractor. In export markets, contracts for the cultural and educational centre in reputable projects were also concluded, for exam- Perchtoldsdorf and with a group of Viennese ple for upgrading city lighting in Brünn and a schools. Promised savings potentials were exceed- shopping centre in Ankara (under construction). ed in both cases. As a result, the “Energieprofi 2001” contracting prize was awarded to the video surveillance equipment, among others for SGS/L&S/Energiecomfort joint venture on reputable financial institutions, and for access 1231 Vienna, Breitenfurter Strasse 148 Umsatz: EUR 12.8 million Employees: 6 Heads of division: Franz Mundigler (since 1 May 2001) monitoring systems. In the fire detection segment, SBT is the clear market leader. In the fire sector, sales were up 10 per cent and video surveillance business saw an increase of 20 percent. This entirely reflects our strategy of expansion in the As an autonomous business division, PD is of Wiener Städtische insurance company and the innovations on the market and is a trendsetter for Project Development (PD) Robert Artwohl (since 1 May 2001) Albert Felbauer (until 30 April 2001) buildings and – together with the SGS and SITEC security segment. Significant contracts include a Siemens AG Austria’s central and networked project fire detection system for the Arlberg Tunnel and development department. From project idea for the Alt Erlaa residential park. Siemens Gebäudemanagement & Services G.m.b.H. (SGS) 5 October 2001. 1231 Vienna, Breitenfurter Strasse 148 Sales: EUR 69.4 million Employees: 228 Managing Directors: Paul Forstreiter (since 1 Sept. 2001) tion phase two has just begun, SGS has been Werner De Vries (since 1 Sept. 2001) Gerhard Schenk Erich Noll (until 31 Oct. 2001) At the Villach Technology Park, where construcentrusted with Total Facility Management, i.e. conception and execution of construction and operations management from a single competent source. Moreover, SGS is a founding member of the Society for Total Facility Management, which, SGS has a wide range of competences for facili- along with other important providers in this sec- ty management tasks in technically sophisticated tor, aims to promote the concept of total facility the concept, drawing up feasibility studies, financ- sectors, we were awarded key contracts by the buildings. In the year under review, not only were management. ing models and architectural surveys to the elabo- Vöcklabruck hospital, hotels and technology and all existing contracts extended, but also more ration of complex contractual networks, PD sets industrial parks (Campus 21 in Vienna, Innovapark new important contracts were won. SGS is now in up, designs and coordinates projects, involving Innsbruck and Villach Technology Park). Other charge of the newly constructed Metahof in Graz, various partners, and sees projects right through large projects include replacing lights for the Benetton in Vienna, and – the most important through step-by-step processing and refining of In the energy and installations engineering to their completion. Alongside previous focal areas 16/34 runway at Vienna Schwechat Airport, reno- contract – the Vienna headquarters of the Bank such as business parks, technology centres, Fach- vating the Small Festival Hall in Salzburg and for Austria and Creditanstalt Group. As an outsourcing hochschulen (vocational universities) and tourism the Austrian Lottery’s computing centre in Wiener partner, SGS takes on complete facility manage- projects, PD will become more active outside nation- Neustadt. ment for its customers, taking into account al borders in the future and will be dedicated to interdivisional projects within Siemens AG Austria. Project development at the Fachhochschule Höchstädtplatz Fire detection for the Arlberg Tunnel by Cerberus Siemens Building Technologies are trendsetters for lifecycle-oriented design and conception of Performance contracting for the Perchtoldsdorf culture and education centre customised solutions for staff, cost-saving commitments etc. Notable projects were the Graz offices General contractor for the Loipersdorf Inter-Continental Resort Building automation and simulation at the Vienna Floridotower Industry Tr a n s p o r t a t i o n 47 Bacon Gebäudetechnik GmbH & Co KG (Bacon) 1230 Vienna, Scherbangasse 20 Sales: EUR 35.6 million Employees: 218 Managing Director: Bernhard Berger Joint Venture with Ortner Group Bacon’s core competences are planning, installation and service/maintenance of building installations for heating, air conditioning, ventilation and sanitary installations. The company has comprehensive know-how in planning and offers facili- This is the reason why sales and employee figures +++ Big increase in sales +++ Key contracts for technology, traction containers, on-board supply were down. Within the scope of a step-by-step locomotives for ÖBB +++ 1,200 “Desiros” for the UK converters and controls and instrumentation. reorganisation of the building technologies group, +++ Metros for Asia and America +++ Graz running The ULF ultra-low floor streetcar has proved to be the project management group is to be integrated gear plant is market leader +++ High level of a great performer and Wiener Linien now have into SBT. interest in rail infrastructure +++ 81 of them in operation. Prototype metro trains are also in operation, carrying passengers of the Landis & Staefa (Austria) AktiengesellschaftG (L&S) 1231 Vienna, Breitenfurter Strasse 148 Sales: EUR 52.0 million Employees: 309 Managing Board: Thomas Dvorschak (ab 1. 10. 2001) Wolfgang Köppl (ab 1. 10. 2001) Heinz Felsner (bis 30. 09. 2001) Edwin Schulz (bis 30. 09. 2001) ty simulation and professional project management. In the year under review sales went up 24 percent, with the number of staff remaining the same. Key contracts include the Amstetten hospital, the Wagner Jauregg Clinic in Linz, part A of the The focus of activities at L&S is building automation for highly complex buildings. In addi- Transportation System (VT) 1110 Vienna, Brehmstrasse 16 Umsatz: EUR 329.9 million Employees: 180 Heads of Division: Gernot Kindelmann Friedrich Pressl Johannes Hofmann (from 1 Jan. 2001) Christian Knie (until 31 Dec. 2000) Vienna metro. 65 of the 400 TAURUS high-performance locomotives ordered have now been delivered, and the rest are being produced and dispatched according to plan. 20 of the 60 type 2070 (Hector) dieselhydraulic shunting locomotives have been delivered. And here too the remaining locomotives are The surge in orders of the past few years once being manufactured and dispatched on schedule. again led to a considerable increase in sales in the 70 of the type 2016 (Hercules) diesel-electric loco- reporting period. motives are currently going into operation. tion, we have a wide range of related services as Key contracts from Wiener Linien (Vienna Pub- well as energy and performance contracting and lic Transport Authority) and ÖBB (Austrian Federal State Railways have now successfully started business in heating, air-conditioning and ventila- Railways) were main factors contributing to our operating. Another 7 three-section sets have also tion products. In spite of an economic downturn, success in the year under review. A framework already been dispatched. Manufacture of the sales and new orders went up by more than the agreement has been signed for safety and security remaining units is on schedule. sector average and we also consolidated our mar- systems for the third construction phase of the ket position. Key contracts in the reporting period Vienna metro. Work on upgrading ÖBB’s railway OSE (Greek State Railways) has begun successfully. include the energy control system in the city of infrastructure with electronic signalling systems is The remaining light rail vehicles for Sao Paolo Salzburg, the SMZ-Ost hospital in Vienna, the making rapid progress. The ÖBB exercised an were delivered in the financial year just ended. provincial hospital in Feldkirch and the Florido- option on 240 sliding-door cars. An order for 42 tower in Vienna. During the coming financial year, comfort sleeping cars from DB AutoZug GmbH rail infrastructure business, both on home markets projects were successfully concluded: the Haus der L&S will be integrated into SBT and will strengthen marks our entry into the German market for com- and internationally. Construction of electronic sig- Musik and the Loipersdorf Intercontinental Resort. this company considerably. plete vehicles. 71 direct current two-car units nal systems continued. At the moment 45 systems Mobile communications activities were passed on belonging to Wiener Linien are being equipped with more than 1,390 points are in operation. In to ATI, a joint venture between Siemens and SPL. with state-of-the-art three-phase current drive May 2001 the third engine set at ÖBB’s Auhof Vienna Gasometer and the Villach Technology Park. SITEC Bau- und Anlagenerrichtungsgesellschaft mbH 1231 Vienna, Breitenfurter Strasse 148 Sales: EUR 12.4 million Employees: 17 Managing Directors: Hans Wehsely (since 1 March 2001) Siegfried Glatz In the reporting period key general contractor Building installations for the Vienna 18 Grammar School Villach Technopark SICAS signalling system The first railcars delivered to the Slovenian Production of 106 passenger train cars for the The reporting period was also successful for Successful testing for Vienna’s new metro Tr a n s p o r t a t i o n Tr a n s p o r t a t i o n 49 transformer station went into operation. Siemens supplied the power regulation equipment for this project. In February 2001 one of Austria’s most Deliveries for the “Kuala Lumpur City Centre – TS Heavy Rail Kuala Lumpur International Airport” Express Rail The positive upward trends of recent years Link have started. Production of the first vehicles modern railway safety systems went into operation continued at TS Heavy Rail in the year 2001. for the Melbourne Metro in Australia has also on Salzburg Local Railway’s Itzling to Lamprechts- An order for 46 two-car units was received from begun. Delivery of car bodies for the San Juan hausen line. Turin for automated metro operation. In Spain Metro in Puerto Rico was completed. 16 sets of a FEVE exercised their first option on power fully-automated metro train were delivered to equipment. Rennes. And production of 14 more sets of this Business in the regions where Siemens has regional responsibility continued its success story. In Bratislava contracts for equipping the Raca- Siemens was also successful in the Asian mar- type for Toulouse began. SPL Siemens Powerlines GmbH & Co KG 1210 Vienna, Siemensstrasse 92 Sales: EUR 29.3 million Employees: 164 Managing Directors: Wolfgang Kropik Harald Rest (from 1 March 2001) Rudolf Schütz (until 28 Feb. 2001) All powerline activities are grouped under SPL Siemens Powerlines. Trnava and Kysak-Kosice stretches of track were ket. A follow-up order came from Shanghai for the signed. In Slovenia the first three electronic sig- metro line 2. A contract worth EUR 66 million for ered to the Chinese Railways from Graz. And sub- readiness to invest is shrinking in view of project nals and the Hodos operations centre successfully 36 metro vehicles for the Tucheng extension of the sequently components for more locomotives of restrictions and an increase in in-house procure- went into operation. Taipei Metro was acquired. And Kaohsiung, Tai- this kind, which are to be produced in China, and ment. Extension work on the S7 line has not been wan’s second largest city, placed an order for the also know-how were supplied to China. hit by these developments. In the urban transport Work on the Ljubljana-Sezana stretch is being Three electric double locomotives were deliv- In the overhead contact lines segment, ÖBB’s stepped up. In Bosnia-Herzegovina the Jezero rectifier delivery of 42 three-section metro trains. Towards unit was completed for GRAS (Sarajevo Transport the end of the financial year, negotiations for the gear has become the world’s largest production metro company and in bus overhead contact lines Authority). A refurbishment contract has also been delivery of 94 metro trains to the Boston Transport facility of its kind. Due to these new dimensions, remained at the same levels as last year. signed for SATRA, Sarajevo’s streetcar system. Authority were successfully concluded. the entire manufacturing layout is being designed In the Federal Republic of Yugoslavia, we supplied the Serbian and Montenegro Railways. And in Montenegro the first rail crossing safety system was also completed. This is Siemens’ first project in the Federal Republic of Yugoslavia. In the coming financial year the Transportation Systems division will grow to new dimensions. The Siemens SGP Verkehrstechnik GmbH 1110 Vienna, Brehmstrasse 16 Sales: EUR 229.0 million Employees: 1,474 Managing Directors: Werner Kruckow Christian Knie Friedrich Pressl Heavy Rail division, SGP and our regional rolling stock sales department will be amalgamated and The Graz Centre of Competence for running In the fixed and mobile communications to accommodate efficient and flexible batch pro- networks sector, the DAFFA, DATATRAK and duction. For the future, business will be spurred master-talk projects are all currently underway. by two innovative developments: Running gear In the overhead powerlines sector, Siemens is that even performs well on inferior-quality tracks, involved in reconstructing the Arthurwerk- and an active diagnosis system for running gear Timelkam 110 kV line and in redeveloping the which produces important data on the bogie dur- foundations of the 220/380 kV network. ing the journey. Our facilities in Vienna and Graz were awarded Due to successful sales at TS, new orders at the title of “Certified Training Companies” for will be united into an international transport Siemens SGP Verkehrstechnik were above target. their particularly high standards in training systems company headquartered in Vienna. Rail At EUR 566 million, this figure is an historical apprentices. infrastructure business will remain as a separate peak. For the Vienna plant this means that produc- operational division of Siemens AG Austria. tion will be increased in the coming years. ADmz passenger car for the Greek state railways (OSE) sector, investment in contact rails for the Viennese Express Rail Link in Kuala Lumpur, Malaysia Double locomotive for Chinese Railways World Centre of Competence for running gear in Graz “Just think that in countries like the USA and China sterilisation is now the most common form of birth control amongst married couples.” Carl Djerassi Predictions of forthcoming changes the quality of their only baby is a form of birth control amongst mar- in society are mainly met with mis- priority to select several embryos ried couples!) The actual conception trust or denial. Nevertheless, it is produced by IVF before they are will become less romantic, but what thought that families in the increas- transferred to the uterus. In contrast will the consequence be? Before you ingly ageing countries of Europe as to this there is the single foetus, the immediately dismiss such a scenario, well as in Japan (more than 20 % are examination of which is recommend- you should consider that a child born over 60) now only produce 1.6 chil- ed using amniocentesis with older under such circumstances is a want- dren or less, which is inevitably pregnant women in the first three ed child and that wanted children are leading to a decline in population. In months of a natural pregnancy, as more likely to be loved. addition, many professional women long as abortion in the case of a in the West (particularly in the U.S.) serious genetic defect (e.g. Down’s are delaying having children until Syndrome or cystic fibrosis) is the their late thirties or early forties only choice. when fertility and foetal development rapidly deteriorate. I am of the Should the predicted tendency opinion that this combination will towards IVF for fertile couples lead to an increasing divide between become reality, then the next step is sex (“in bed”) and fertilisation almost unavoidable: rather than deal (“under the microscope”), and fertile with contraception, young couples couples will tend to consider in-vitro will prefer to be sterilised after their fertilisation (IVF), which is only egg cells and sperm have been used by infertile couples today. frozen, which will only then be used The driving force for this is the rapid when they have finally decided for progress in pre-implantation diag- a child using IVF. (Just think that in nostics (PID) on embryos, which countries like the USA and China increasingly allows couples for whom sterilisation is now the most common Carl Djerassi Speaker at the Siemens Academy of Life, author, dramatist, Professor of Chemistry at Stanford University, National Medal of Science (inventor of the contraceptive pill), National Medal of Technology (methods of insect control), Austrian honorary cross for art and science. Healthcare Healthcare 53 +++ Innovative products consolidate market the competition. In spite of very tough competi- positive experiences with digital detectors which with state-of-the-art communications solutions. position +++ Faster and better diagnostics +++ Less tion, most contracts in Austria were awarded to will become a focus of projects in the coming Digital Dynamic Review has made pioneering strain on patients +++ Highly innovative ultrasound Siemens, including equipment for the Wels hospi- years. achievements to enable digital dynamic film clips business through merger with Acuson +++ tal and Barmherzige Schwester hospital in Linz E-archive and networking show upward trend +++ and the Provincial Hospital in Innsbruck. Increase in angiographic interventions +++ Medical Solutions (MED) 1031 Vienna, Erdberger Lände 26 Sales: EUR 101.2 million Employees: 219 Heads of Division: Thomas Habenreich Edwin Schulz This year again saw a reduction in public sector There is still a market for magnetic resonance The Medical Solutions division’s most significant project of the reporting period was for national competition Siemens was able to make its Symphony and Harmony products is evidenced in mark not only in traditional specialist fields such numerous orders placed by the following hospi- as computer tomography, digital x-rays and surgi- tals: Wels, Barmherzige Schwestern and Elisabethi- cal x-ray equipment. Medical Solutions was also nen in Linz, Provincial Hospital in Wolfsberg awarded contracts for networking the entire new and in Styria, and also by numerous clinics and building (PACS) and equipping the operating institutes. theatres with tables, anaesthetics and respiratory equipment as well as monitoring equipment. health budgets. Investments in hospitals are par- magnetic resonance imaging system for cardiovas- ticularly under pressure. The situation in Vienna is cular applications – by the University Clinic for cluded in Innsbruck, Linz and Amstetten and with especially difficult. The budget situation in the Radiodiagnostics at the Graz Provincial Hospital numerous other small and medium-sized hospi- other Austrian provinces is slightly less tense but was particularly gratifying. In addition, the Med- tals. Siemens was also at the helm of further is still serious. Smaller budgets are affecting ical Solutions division signed a cooperation agree- expansion of Styria’s provincial hospitals’ image prices. However, innovative products are helping ment on clinical research in this sector with the networks. Our e-archiving solution for small hos- to consolidate our excellent market position for University of Graz, which should generate further pitals and practising radiologists is a unique solu- medical solutions. They guarantee faster and bet- innovations. tion in Europe which is already being taken up by ter diagnostics, meaning less strain on patients. Angiographic interventions are becoming more Other notable networking contracts were con- several reputable institutes. Examination times are being cut and dosages and more common. Diagnosis in this area increas- As a result of the merger between Siemens reduced. ingly relies on computer tomography and magnet- ultrasound and Acuson, the world’s most innova- The market for angiography and spiral comput- ic resonance tomography (CT/MT). Siemens was tive ultrasound company has been formed. This is er tomography is reaching saturation. However, able to successfully defend its market positions in reflected in the form of numerous additional suc- recording procedures in computer tomography are the relevant projects (e.g. the Wagner-Jauregg cesses in Innsbruck, Vienna and Upper Austria. continually being improved, moving towards 3D Clinic in Linz) with equipment designed to opti- images. The Medical Solutions division’s Volume mally meet the necessary requirements. In the vision of the networked hospital, enabling clini- Zoom Multislice product clearly stood out against conventional x-ray segment, there have been very cians to also enjoy the benefits of the digital world Positive experience with digital x-rays Equipment and networking for Salzburg’s “Chirurgie West” be shown at any location. “Chirugie West” in Salzburg. Among tough inter- tomography. The supremacy of our Magnetom The order for Magnetom Sonata – a nuclear in a high-resolution, wide field-of-view format to The Medical Solutions division has widened the Mobile x-rays in the operating theatre Successful business in the growing ultrasound market P r o d u c t i o n & D e ve l o p m e n t P r o d u c t i o n & D e ve l o p m e n t 55 +++ High level of competence in telecommunica- The Censet GeoCentrex terminal product line – information management. As an important mem- We continued to build up knowledge manage- tions +++ Increasing demand in the e-business sec- a virtual PABX for SMEs, was adopted into ber of an international network, PSE is also taking ment and active networking of knowledge within tor +++ Strategic partner for Mobile Solutions +++ Deutsche Telekom’s sales range. on a central role in the Siemens group’s e-business PSE – one of its recognised strengths. New developments in Driver Information Systems +++ Further expansion in international markets +++ Due to many years of experience, PSE is not only active in product development for GSM, GPRS transformation activities. An Austria-wide system for ordering school- Growth in PSE’s operations abroad went according to plan: We opened new offices in and UMTS mobile communications, but also in books via the web within the scope of a “campaign Brasov/Romania. As part of an agreement with the related up-front activities such as prototypes, sim- for schoolbooks” was implemented. PSE developed ICN division, bbcom, a company based in Ham- Program and Systems Engineering PSE ulations, systems engineering, customizing and customer interaction centres for Allianz insurance burg, was taken over, and will be run as a PSE 1101 Vienna, Gudrunstrasse 11 Output: EUR 493.2 million Employees: 3,362 Heads of division: Udo Scheiblauer technical sales support. company and Lithuanian Telecom. Further inter- facility in future. As of September 2001, around Rudolf David Wolfgang Wrumnig The majority of Siemens AG Austria’s Informa- esting projects included the Vienna district heating 1,800 staff were employed at facilities outside ucts for the world market for the newly founded plant, a CRM system for the Munich Stadtwerke Austria. Mobile Solutions division of ICM. Focal business (municipal services) and an ASP solution for areas include mobile internet portals and plat- Datacom. PSE is a strategic partner for developing prod- forms and location-dependent services. PSE also Projects based on the INSURANCE 3000 insur- tion and Communications research work is carried established itself as a successful partner for the ance solution were carried out for NÖV and Inter- out at Program and Systems Engineering. Targets new area of “Internet on air”. polska Insurance in Warsaw. The OpenSCS retail SYSDATA Kft., Budapest Sales rose last year by 48 % to almost HUF 6 bil- were met in the year under review. As in the past, A quality centre for product validation and solution was launched at Spar in Switzerland and lion. In order to keep up with this volume, we in telecommunications was the focus of our range of service support was set up for HiPath. Armed with Koctas in Turkey as well as at Esso in the Nether- particular expanded our Szeged facility. At the end activities, and demand in the e-business sector is xDSL know-how, PSE was able to become a strate- lands and Italy, and our contract with BMW was of September SYSDATA had 434 staff in Budapest growing fast. gic development partner for access networks and extended. A timetabling system was developed for and 52 in Szeged. is playing a significant role in developing the new the Italian railways. We stepped up our provision of technical support to the ICN and ICM divisions. Work on Surpass was increased as well as for broadband Multi Service Access Platform. Business in Driver Information Systems for the In spite of the difficult situation on the energy As in previous years, our focal business areas in the year under review consisted of contracts market, PSE carried out several key international from PSE for the international telecommunications access. Focal research areas include developing automotive industry saw above-average growth. energy management projects, for example in market. Cutting-edge projects in the fields of IP Voice over IP and Voice over DSL. At Swisscom the A strong team has been set up to develop compo- Spain and in Turkey. In addition to new contracts and multimedia networks (Surpass) as well as in first Media Gateway with universal ports for voice- nents for navigation, entertainment and communi- in South East Asia and China, we also carried out mobile solutions got underway. data convergence went into operation. The PSE cation in automobiles. initial projects in Eastern Europe. Our Minneapolis We also stepped up our e-business activities. office, which was founded last year, is supporting In an increasing number of cases, we took on com- Service contributed tremendously here. PSE was customer relationship management (CRM), enter- our activities on the American market. The DEMS, plete project responsibility. Among other things, certified by Unisphere as an integration and cus- prise resource management, e-commerce (e-pro- decentralised energy management system, devel- we developed a content management system for tomising partner. curement, marketplaces, portals) and business oped by PSE, addresses a growing market segment. the local market. competence centre for VoIP and Remote Access Thanks to VoIP a new era of fixed network technology is emerging Our focal areas in the e-business segment are SURPASS makes all fixed network technology features available in the data world Driver Information System for automotive subcontractors Despatching Control Center for Meralco (Philippines) P r o d u c t i o n & D e ve l o p m e n t P r o d u c t i o n & D e ve l o p m e n t 57 ANF Data spol.s r.o., Prague Our Brno facility, which was founded last year, SWH s.r.o., Bratislava Telecommunications systems – for both fixed Vienna Electronics Plant (EWW) 1031 Vienna, Erdberger Lände 26 Output: EUR 202.1 million Employees: 1,059 Heads of Division: Arnulf Wolfram (spokesman) showed very positive performance and was a and mobile networks –, solutions for network key contributor to sales growth of around 75 % on instrumentation and control, and development for the previous year. The most important projects on transportation systems within the international the domestic market were solutions for national PSE group were SWH’s main focus of business over health insurance organisations, for the state pen- the past year. We also helped out on call centre tions are manufactured at the Vienna Electronics sion insurance organisation, for the Ministry of projects in Lithuania and the Netherlands. These Plant. At the same time new innovative products Defence and for the Foreign Office. Contracts for competences are to be furthered in future. are continually being developed and marketed. Infineon and Osram Germany – in cooperation The beginning of the financial year just ended Erwin Pichler Bruno Ruzicka cial year, part of our automotive engineering activities (manufacturing will remain at EWW) were carved out into a separate company – Siemens Automotive GmbH Vienna. In the meantime this company was sold to Siemens VDO Automotive AG Munich. Electronic products for various Siemens opera- One example is Sign@tor, which is a joint project with PSE – were key contributors to international was shaped by structural changes: Around 100 with PSE. It can be used to make an electronic projects. employees, i.e. about 20 % of the workforce, were signature in accordance with signature law and MWW Metallberarbeitungs-GmbH 1110 Wien, Leberstrasse 34 Sales: EUR 9.3 million Employees: 98 Managing Directors: Richard Pfister Erich Lampel MWW is one of the largest metal processing carved out and moved to newly-founded SBS Slo- guarantees authenticity of documents. Market size centres in Austria, employing almost 100 staff and competences in the fields of mobile communica- vakia, which also took over a considerable part of in Austria amounts to 100,000 devices. In the with sales of EUR 9.3 million. MWW can react tions, production controls and IP technologies for SWH’s local business. For the future, expansion of coming financial year sales of EUR 2.5 million are flexibly to customers’ wishes. Batch and job-order international projects. On the domestic market, SWH’s local business within the Siemens group is to be generated. products are manufactured alongside raw and expansion of e-business and archiving systems planned. SWH will expand at other locations in projects is expected. At insurance companies and Slovakia. Thus a new office was opened in Žilina in third generation of SITOP power supplies, which strengths lie in its wide-ranging technologies, its authorities extensive databank projects are December 2000. will replace previous models. We will thus achieve effectiveness in meeting deadlines and its high world market leader position in terms of cost-ben- quality standards. In future, focal points will lie in furthering our expected. Up-to-date innovations are flowing into the efit ratio and number of units installed. Further- finished products. This cutting-edge company’s MWW is a Siemens Centre of Competence for more, our range of power supply products is being mechanical components. Mechanical parts, con- added to considerably. These measures are expect- tract production and special constructions in small ed to double our business in power supplies to and medium batches are also provided for the EUR 70 million in the next five years. external market. Investments are ensuring that our manufactur- In the coming years, emphasis will be laid on ing facilities are state-of-the-art. Thus a new x-ray manufacturing diverse specialised parts for the processing device was installed in our electronics contract for 1,200 Desiro trains recently awarded plant. And in addition, our new laser soldering sys- to Siemens. Our position on the external market is tem for BGA (Ball Grid Arrays) went into operation. to be further consolidated. Due to general restructuring in the automotive engineering division at the beginning of the finan- Metronet at the PSE laboratory Optical network at the PSE laboratory SITOP power supplies – third generation Sign@tor for electronic signatures Cutting-edge sheet metal processing Legende technology at MWW “The most exciting task for those who are young today: to bring together European and Global economics with European and Global responsibility.” Barbara Coudenhove-Kalergi The British historian Eric Hobsbawn scope of freight transportation. Here, called the recently elapsed twentieth as has so often happened in history, century the “short century”: from an the businessman is leading the way historical viewpoint it began in 1914 for the missionary and statesman. and ended in 1989 with the end of the bipolar world order. Others give In our part of the world the century the date of the true beginning of the is beginning with the re-unification twenty-first century as 11 September of the western and eastern parts of 2001, the day of the terror attacks on Europe. Also here business has the World Trade Center in New York already anticipated what politicians and the provocation of the estab- and normal citizens must now strug- lished powers by the dissatisfied in gle to understand. The most exciting the Third World. task for those who are young today: to bring together European and Whichever chronology you use, what global economics with European and is certain is that our young century global responsibility. For this the will be the century of global network- best heads are needed. ing. There are no longer any protected islands. We are experiencing that nothing that happens in one part of the world remains without influence on events in other areas of the world. Global economy and global communication are already realities today, albeit more in the world of business than in the worlds of politics and ideas. Provincialism of politics and narrowness of minds co-exist in a strange way with the borderless Barbara Coudenhove-Kalergi Eastern Europe expert, journalist and co-founder of the “Land of People” (“Land der Menschen”) initiative. Operations in Neighbouring Regions Operations in Neighbouring Regions 61 Siemens in Slovakia contract for the supply of rail safety and security Siemens in Croatia systems was signed. Reconstruction work on the Siemens s.r.o. SK-83796 Bratislava 37, Stromová 9 Sales: EUR 92.1 million Employees: 268 Managing Directors: Peter Kollárik Bernhard Kuderer ment in business activities. A total of 448 employ- Bratislava waste incineration plant went according Siemens d.d. ees work in this field. to plan and time-schedule. HR-10000 Zagreb, Heinzelova 70a Sales: EUR 201.9 million Employees: 928 Managing Directors: Mirko Barišić Generation sector include refurbishing instrumen- Siemens AG Chairman, Dr. Heinrich von Pierer, visited Slovakia in February 2001 and was received Herbert Drexler Thomas Balázs by the country’s President and by the Prime MinisThe year under review was very successful for PSE reflects very clearly the dynamic develop- ter. The Slovakian Chamber of Commerce and The most important projects in the Power tation and controls at the Tuzla thermal power plant in Bosnia-Herzegovina and installing our TELEPERM XP control system at the gas and steam Siemens s.r.o., our Slovakian subsidiary. With 268 Industry awarded him their Gold Medal for staff, sales of EUR 92.1 million were generated. Siemens’ contribution to developing the Slovakian Siemens in Croatia in the year under review. Sales ing contracts were awarded for emissions measur- economy. were up to almost EUR 202 million, with new ing systems at a series of thermo-energetic blocks orders amounting to EUR 180 million. in Croatia and for chemical water treatment at the All divisions contributed to this positive performance and to the EUR 94 million of new orders. Good business performance continued at As a reaction to the strong increase in demand The Medical Solutions division supplied mag- block of the Zagreb district heating plant. Interest- TE TOL Moste thermal power plant in Ljubljana netic resonance tomographs and cardio-diagnostic in the Information and Communication and PSE (Slovenia) and KEK – Block 1 in Priština (Kosovo). equipment (Bicor, Cathcor). Some of the most (Program and Systems Engineering – Research and Reputable orders were received in the Industry important projects at Automation and Drives Development) divisions, we raised staff numbers sector, for example reconstruction of the Jazine included delivering automation systems to the to 928. car ferry and for a water pump station for the key In the telecommunications sector our success- US Steel Košice steelworks, to the Turna cement factory and to SCP Neusiedler paper manufactur- ful cooperation with both Croatian telephone oper- ers in Ruzomberok. Information and Communica- ators – Croatian Telecom (HT) and Vipnet – contin- tion also ranked among the most profitable divi- ued. Contracts were mainly for increasing the sions this year. In particular, the contracts for sup- existing network capacities and introducing new plying Slovak Telecom with EWSD digital switching services. equipment and for the sale of intelligent network Siemens remained the most important strategic solutions to the Eurotel mobile operator, amount- partner of the Croatian operators, with a share of ing to EUR 13 million in total, should be men- over 79 % for engineering and services. The cell- tioned here. Business at the Mobile Communica- phone segment was particularly successful, with tion division also developed well, with 85,000 sales doubling. On the mobile communications cellphones being sold. market, Siemens has market penetration of Within the scope of upgrading rail infrastruc- around 30 %. And Siemens remains number one ture at Slovakian Railways (ZSR), a three-year Bratislava waste incineration plant Öko-Kaštelabucht project on the Adriatic. on the cordless telephone market. Magnetom at the radiological clinic of Bratislava’s St. Elisabeth’s Hospital Test centre for mobile telephones in Croatia Intelligent network system – Siemens RM product line Operations in Neighbouring Regions Operations in Neighbouring Regions 63 Siemens in Slovenia tion was commissioned to upgrade auxiliary supplying magnetic resonance equipment to the and high-voltage systems worth more than equipment for the sub-station in Beričevo. Sarajevo hospital (MED) and the project for EUR 5 million. In Priština/Kosovo, contracts for reconstructing Sarjevo’s streetcar system (TS). extending the EWSD exchange amounting to a total In the coming year, the positive trends of the of approx. EUR 6.5 million were recorded. Siemens d.o.o. SL-1511 Ljubljana, Dunajska 22 Sales: EUR 169.0 million Employees: 86 Managing Directors: Tihomir Rajlić Borut Ogrin Results at Siemens in Slovenia were above target. Sales amounted to EUR 169.0 million. The number of employees, however, remained almost Siemens in Bosnia-Herzegovina respectively. Siemens d.o.o. BH-71000 Sarajevo, Hamdije Cemerlica 2 Sales: EUR 49.0 million Employees: 65 Managing Directors: Ranko Atijas Lejla Sokolović unchanged at 86. The biggest successes were notched up by Industrial Solutions & Services, The positive trend continued at Siemens is Automation & Drives, Power Generation and Bosnia-Herzegovina in the reporting period. The Mobile Solutions. company received new orders amounting to Business performance at ICM was outstanding. individual business fields will stabilise or increase signs of an economic upswing are emerging. The biggest opportunities are in telecommunications Siemens in Yugoslavia Kurt Schwarzlmüller EUR 49 million and thus was around 25 % above In the Republic of Yugoslavia Siemens is work- target. 65 people were employed at our facilities in Sarajevo, Mostar and Banja Luka. I&C (ICM/ICN) ing on building up the infrastructure and organi- from 23,000 to 113,000. Siemens has now become made up the main part of activities. The most sation for a separate national company. In the year market leader, with a 27 % share, followed by important contracts included extending the GSM just ended, sales more than doubled and now Ericsson with 24 % and Nokia with 19 %. network in Republika Srpska and in the Bosnia- amount to over EUR 14 million, with new orders Herzegovina Federation. ICN delivered EWSD standing at EUR 22 million. Siemens has reacted to financial year to date. The most important con- exchanges to the PTT with a value of almost this dynamic growth by increasing the number of tracts included the clinical centre in Lubljana, CT EUR 5 million. Thus the Information and Commu- employees to 55. We already have well-established equipment for the hospitals in Golnik and Izola, nication division has taken on a leading role in our representative offices in Podgorica/Montenegro cardiological equipment for the Maribor hospital business activities and accounts for around half of and Priština/Kosovo. and electronic medical supplies for the Sempeter new orders. In the Energy division, Elektro Krsko (power distribution) ordered Slovenia’s heaviest transformer to date, weighing 380 tonnes and with 400/110 kW-300 MVA. Furthermore, Power Genera- Desiro in Slovenia on Stability and other international institutions. YU-11000 Belgrad, Knez Mihailova 30/IV Sales: EUR 14.1 million Employees: 55 Managing Directors: Obrad Spremić 27 %, and the number of cellphones sold increased hospital. and in projects promoted and financed by the Pact Siemens d.o.o. Our market share in Slovenia was up from 5 % to Medical Solutions also experienced its best In spite of the difficult economic situation, first In April at our Sarajevo headquarters a Siemens In the medical solutions sector, we managed to procure a CT scanner for the Clinical Centre in Shop was opened, selling a wide range of tele- Belgrade thanks to help from the German govern- phones, mobile phones and accessories. ment with GTZ spare parts to repair medical Other key contracts included reconstructing block 4 at the Tuzla thermal power plant (PG/PTD), Customer event evening at the Sodobna Elektronika 2001 Fair in Ljubljana equipment. The Power Generation division supplied equipment for the Kolubara A power station Tuzla power plant in Bosnia-Herzegovina Nova Pazova transformer station in Yugoslavia Legende Hicom 350 for EPS (Serbian Electricity Board) Financial Ser vices Financial Ser vices 65 +++ Siemens Leasing focuses on IT and medical solutions +++ Increase in consumer business +++ Innovest wins more key accounts +++ New compa- FSG Financial Services GmbH 1211 Vienna, Siemensstrasse 92 Managing Directors: Walter Fuchs Günther Menhart Alfred Zahorak nies in the pension fund +++ Pension consulting Financial Services GmbH concentrates on 1030 Vienna, Landstrasser Hauptstrasse 71/2 New leasing volume: EUR 48.9 million Total cumulative leasing volume: EUR 171.2 million Employees: 19 Managing Directors: Hans Poeckh, Hans-Joachim Doritsch its core competences in the fields of IT, medical certification for the second time; a strict seal of quality in investment management. At the begin- Siemens Pension Data Services & Consulting GmbH (SPDSC) 1031 Vienna, Erdberger Lände 26 Managing Directors: Stefan Eberhartinger Harald Habersam Manfred Naber dated to the beginning of 1999, all Siemens funds financing the Austrian group member companies will meet international standards for measuring and carrying out clearing transactions with the performance. SPDSC offers consulting for companies and their employees on legal, occupational and private members of the entire Siemens group. Acting as pension schemes. Actuarial expertise was provided Austrian hub, Financial Services ensure optimal Siemens Pensionskasse AG (SPK) for Siemens according to US-GAAP generally pooling of liquidity and timely investment at 1031 Vienna, Erdberger Lände 26 Managing Directors: Alfred Zahorak, Chairman accepted accounting principles. PAS, an adminis- market conditions within the group. The company Siemens Leasing put increasing emphasis on won. And INNOVEST was also awarded SAS-70 ning of the coming financial year, with effect back- also for external clients +++ Siemens Leasing GmbH & Co. In the year just ended, more key accounts were currently provides services for 71 Siemens group Manfred Naber Thomas Traxler members. trative procedure developed by SPDSC, was implemented successfully at Siemens Pensionskasse and is now being offered to prospective external cus- solutions equipment and telecommunications. Another five companies concluded pension tomers. The same is true for business and actuari- B2C business was stepped up. 40,000 new cus- INNOVEST Finanzdienstleistungs AG fund contracts with Siemens Pensionskasse AG, al consulting, where prominent clients have been tomers were won by innovative financing models 1030 Vienna, Erdbergstrasse 52 Sales: EUR 11.2 million Employees: 23 Managing Directors: Johann Maurer, with 23 contracts now in place. Assets under man- won, including Wirtschaftskammer Österreich agement rose 4 % to EUR 531.9 million. Pension (Austrian Chamber of Commerce), Schindler and benefits amounting to EUR 23.4 million were paid Universale. for IT equipment. Part of this new strategy is also to promote vendor financing programmes. An example was a large-scale PC-Internet campaign Managing Board Spokesman Konrad Kontriner with an Austrian publishing group. Activities like this are not only limited to Siemens products. As an internationally-oriented financial service out. At the 2000 balance sheet date, there were For the coming financial year cooperation with 5,116 people eligible for payments and 14,486 financial service providers is planned, and we will people with the future right to an old-age pension. offer a range of insurance products for Siemens provider, INNOVEST manages investments for Performance of the invested assets was 4.81 % for employees and will implement necessary changes model for the use of medical equipment, Siemens Siemens Group Austria and for Siemens Pensions- the fiscal year 2000 according to OEKB standard due to the new laws on severance payments. Leasing has anticipated the developments in medi- kasse AG as well as assets of other institutional measures, and 16.74 % since the start of business cine and market requirements and is now offering customers. INNOVEST uses innovative investment in 1998 (on an annual basis). an increasing number of financing solutions for tools that are implemented within the scope of a this segment. multi-manager concept. Each Siemens fund is thus With its “Rent & Care” products, a patient-based managed by several international portfolio managers. INNOVEST is in charge of global control of asset classes and of selecting portfolio managers. INNOVEST uses innovative investment approaches Seal of quality for INNOVEST funds Siemens Pensionskasse (pension fund) looks after 5,116 pensioners SPDSC provides consulting in pension schemes “The splitting of our planet into rich and poor will inevitably lead to economic disaster in the very near future.” Karl-Heinz Böhm Looking back on the 73 years of my quantities must give the impression life and thinking about coming that the two world wars of the last generations, the lightning speed of century and all their ensuing con- developments from our planet’s flicts have been forgotten. industrial society to the computer age shaped by technology seems Gloomy prospects? The basic princi- alarming and almost no longer com- ple of hope should not only deter- parable with the various phases of mine the basis for development in development over the past 150 years, humanitarian organisations such as or putting it quite simply: with the MENSCHEN FÜR MENSCHEN (people steam engine. It is obvious that we for people), but we must also become are slipping into areas which no increasingly aware of what influ- longer have anything to do with the ences the development of our society basic evolution of humankind in the most. And that is not only our natural world, where we are carrying nations’ governments, but it has out serious changes, e.g. cloning become our commercial businesses. human cells. On the other hand, It would be comforting to know that basic principles of human co-exis- the term “people for people” is not tence, such as the economic principle only the basic principle of a humani- of “supply and demand” are getting tarian organisation which deals with lost in such dimensions that the con- Ethiopia – one the poorest countries sequences can hardly be predicted. in the world – and its people, but that Furthermore, our planet has been this principle is also the future of the split into rich and poor – that is to business world. say developed or under-developed – the consequences of which will surely lead to economic disaster in the very near future. The fact that some heads of state of the rich industrial nations are being forced by industry to produce weapons in inconceivable Karl-Heinz Böhm Speaker at the Siemens Academy of Life, actor, opera director, founder of the charity “People for people” (“Menschen für Menschen”) Siemens around the world Siemens around the world 69 Five-year summary 1996/971) 1997/981) 1998/99 1999/00 2000/01 Sales and earnings (in EUR million) Net sales – – 68,069 77,484 87,000 Gross profit on sales – – 17,909 21,535 23,105 Research and development expenses – – 5,260 5,848 6,782 as a percentage of sales Earnings (after taxes) Earnings (after taxes) before special items – – 7.7 7.5 7.8 – – 1,209 8,860 2,088 – – 1,209 2,639 85 Assets and capital structure (in EUR million) Current assets – – 44,850 49,091 51,013 Current liabilities – – 31,049 36,855 44,524 Debt – – 7,492 9,338 12,610 – – 4,753 6,734 9,973 Long-term debt Pensions and similar commitments – – 11,540 2,473 4,721 Shareholders’ equity – – 19,138 28,480 23,812 as a percentage of balance sheet total Balance sheet total – – 27 35 26 – – 71,720 81,654 90,118 1996/971) 1997/981) 1998/99 1999/00 2000/01 Key capital market data3) (in EUR where not stated otherwise) Economic value added (in EUR million) – – – 7,095 –743 Earnings per share – – 1.36 9.97 2.36 Earnings per share (diluted) – – 1.36 9.96 2.36 0.51 0.51 0.67 1.60 1.00 Dividend per share Siemens stock price4) High 44.31 47.25 57.53 127.67 105.77 Low 24.31 30.78 26.93 50.65 37.50 Year-end 40.68 31.46 51.60 97.33 41.89 –6.98 –30.00 +63.23 +57.88 –19.84 –2.79 –26.13 +47.85 +63.95 –28.30 857 892 892 883 888 34,852 28,068 46,037 85,939 37,208 Siemens stock performance on previous year (in percentage points) compared to DAX® compared to Dow Jones STOXX® Number of shares (in millions) Market capitalisation (in EUR million) Credit rating of long-term debt Standard & Poor’s AAA AA AA AA AA Aa1 Aa1 Aa3 Aa3 Aa3 1st quarter 2nd quarter 3rd quarter 4th quarter 2001 20,471 20,629 21,360 24,540 87,000 1,000 778 578 578 1,608 –705 –1,098 –566 2,088 85 1st quarter 2nd quarter 3rd quarter 4th quarter 2000 16,741 19,058 18,025 23,660 77,484 2,403 591 5,628 653 267 628 562 767 8,860 2,639 Moody’s Cash flows (in EUR million) Net cash provided Depreciation and amortization Net cash used in investing activities – – 3,640 6,154 7,016 – – 3,594 4,652 6,264 – – –2,876 –435 –5,886 Additions to intangible assets and property, plant and equipment – – –3,998 –5,544 –7,048 Net cash used in/provided by financing activities – – –1,111 –1,174 –95 Net decrease/increase in cash and cash equivalents Quarterly figures (in EUR million) Net sales Earnings (after taxes) Earnings (after taxes) before special items Quarterly figures (in EUR million) Net sales – – –292 4,725 940 Earnings (after taxes) Earnings (after taxes) before special items Employees Employees2) (in thousands) – – 437 448 484 Employee costs (in EUR million) – – 23,126 26,601 27,102 Siemens AG Income Statement and Balance Sheet* (condensed version) (in EUR billion) Net sales Cost of sales Gross profit on sales Other functional costs Other expenses/earnings Earnings before income taxes 2) Without temporary student workers and trainees. 2001 30 September 31.6 29.7 Property, plant and equipment –22.8 –22.8 1.6 17.5 17.8 Non-current assets 19.2 19.4 8.8 6.9 –9.3 1.7 3.2 Accounts receivable Inventories 2.3 1.0 17.3 23.7 Marketable securities, liquid assets 14.0 12.9 Total assets 52.8 57.0 Shareholders’ equity 13.8 13.8 16.5 17.8 2.0 1.3 –0.4 Extraordinary items (after taxes) 0.2 – Net earnings/loss for the year 1.9 0.9 Accrued liabilities and special reserves Profit available for distribution 1.4** 0.9 Dept ** Drawn up in accordance with the rules of the German Commercial Code (HGB) 4) XETRA closing prices, Frankfurt. ** Incl. distribution of an extra dividend of EUR 0.6bn 2001 Investments –8.5 3) Figures take into account stock split with effect as of 30 April 2000 (issue of one new share for two existing shares). 2000 1.7 –0.3 Income taxes 1) Due to conversion to U.S. GAAP no comparable figures for 1998 and 1997 available. 2000 0.3 0.2 Other liabilities 22.2 25.2 Total shareholders’ equity and liabilities 52.8 57.0 Corporate Citizenship Corporate Citizenship 71 But technology is not only interesting for at home. A team of doctors and social workers look +++ artLab promotes up-and-coming artists +++ artists’ works are being purchased and are becom- KunstRaum Central Europe crosses borders +++ ing part of Siemens’ own art collection. With the Siemens as a sponsoring tool. Technology changes after them and take the necessary time to do this: 40,000 visitors to CENTRAL at Vienna’s Museum “KunstRaumMitteleuropa” initiative, within the society and therefore also builds up culture. Our on average three to six months. Quarter +++ LITERATniktechTUR prize for literature scope of artLab Siemens has created a platform “LITERATniktechTUR” programme of events at the Siemens aims to promote young Austrians’ +++ High-tech archaeology in Ephesus +++ Social that presents art from Central and South-eastern Siemens Forum shows how technological develop- knowledge and skills through close partnerships commitment at the “Bienenhaus” +++ Europe – a region where Siemens has also taken ments are reflected in literature. During the finan- with schools and universities. We organise school on regional responsibility. cial year, the Siemens prize for literature was projects, project management seminars for top After exhibitions in Slovenia and Slovakia, awarded within the scope of these events for the managers and computer courses for teachers as the Austrian economy and therefore has a signifi- the CENTRAL project at the new Vienna Museum third time. This year’s motto was “Europe – one well as provide the equipment for a wide range of cant role in Austrian society. Through its Corpo- Quarter was the highlight of these activities so far. area” and with prize money of ATS 100,000 is one activities. rate Citizenship, Siemens wants to play a role in This fascinating collection of contemporary art of the most significant awards of its kind in shaping this society by its targeted sponsoring from Austria and its neighbouring countries Austria. activities. Siemens gives concrete and continuous attracted 40,000 visitors. CENTRAL not only reflect- support to cultural and social projects. Partner- ed military conflicts in our bordering neighbour ging at Ephesus and have been making sensational ships with schools and universities promote countries, but also made it clear that there is no finds. The biggest success in recent years has been Austria’s most important raw material. longer a difference between east and west in con- the restoration of the theatre and “Terrace house 2”. temporary art. And CENTRAL is still on the road. In order to protect these witnesses of the past cultural sponsors. In accordance with our position In Leverkusen there was a high level of interest in against weather damage and to preserve them for as an innovative, high-tech company, we are com- the exhibition. And in the coming months future generations, the terrace houses at Ephesus mitted to all things new and surprising. Art should CENTRAL is also to be shown in Zagreb, Sarajevo have been given a roof. Finance for this project has be brought closer to wide circles of the population. and Belgrade. been provided mainly by the Friends of Ephesus Siemens AG Austria is an important factor in Siemens Austria is one of Austria’s leading High-tech, ranging from the internet to cutting- For seven years now Siemens has been sup- For decades Austrian scientists have been dig- society, which Siemens actively supports. Siemens AG Austria’s motto for social sponsor- edge multimedia technology, is being used to porting the most prestigious festival of the Austrian achieve this goal. music scene: The Salzburg Festival. And here ing is “We help to help”. A central project is our Siemens once again used high-tech to make art commitment to the “Bienenhaus” initiative, a At www.artlab.at every month a young artist is pre- accessible to many people. The festival perform- remedial-therapeutic centre at the Wienerwald SOS sented, an art archive is set up and internet surfers ances could be seen via big screen at the Domplatz children’s village. Here, care is offered to children interested in art are given the possibility to buy in Salzburg. Siemens revamped the web design of who have experienced psychological traumas – these works too. artLab now also exists in the real the Haydn Festival in Eisenstadt and used all com- and their number is on the increase. In contrast to world: At Dorotheergasse 12 in Vienna, the young munication, publication and interaction possibili- other remedial centres, which are mainly clinics in artists’ works are on display. Furthermore, young ties offered by the internet to show culture. hospitals, children at the “Bienenhaus” quickly feel artLab aims to promote up-and-coming artists. Haydn Festival Salzburg Festival Sensational findings in Ephesus “Bienenhaus” provides care for children with psychological difficulties CENTRAL exhibition at Vienna’s Museum Quarter All over Austria and in the Neighbouring Regions Corporate Citizenship Siemens Forum Vienna Exciting architecture combined with cuttingedge high-tech for all types of events make the classes record radio programmes which are broadcast twice a week by ORF (Austrian Broadcasting Corporation). The permanent “Journey in time” exhibition Siemens Forum at its location in Vienna-Erdberg which takes the visitor through 150 years of tech- an attractive meeting place, which is used by many nological and Siemens history is popular among companies and institutions. Sound and video are the young people who come to Vienna from all state-of-the-art, at the push of a button events are over Austria as part of the “Austrian schoolchildren broadcast live on the internet. At the Siemens visit the capital” project. Forum, socio-political, economic and technical issues are topics of discussion. An ideal complement is the Cookie internet The Siemens Forum appeared as a virtual forum for the first time, and together with the Natural History Museum initiated the very well café which opens up the Siemens location to all frequented “Bionic” exhibition at their premises. visitors. Gerhart Lindner, the Forum architect, Over a period of four months around 120,000 created a glass wall as an inviting façade, which visitors were able to experience the idea of the also serves as a multimedia projection screen for Forum outside its original location. events. The Forum continues to be the campus for During the past year Siemens once again the Academy of Life, an education and training offered spectacular events. The City of Berlin pre- initiative for young managers and young entrepre- sented itself to the Republic of Austria. At the first neurs. Star guests such as Andrea Jonasson, national conference on bio-ethics controversial ex-federal chancellor Helmut Schmidt and Carl questions about the future were discussed. Djerassi, the inventor of the contraceptive pill, Europe’s radiologists came together at the Forum familiarized 1,500 visitors with their recipes for on the occasion of the European Radiologists’ success. Conference. Slovakia A-1211 Vienna Siemensstrasse 92 Siemens s.r.o. SK-83796 Bratislava, Stromová 9 Tel.: +421/2/5968-1114 www.siemens.sk A-1031 Vienna Erdberger Lände 26 A-1101 Vienna Gudrunstrasse 11 A-1110 Vienna Brehmstrasse 16 St. Pölten A-3100 St. Pölten Werner-von-Siemens-Strasse 1 Salzburg A-5021 Salzburg Werner-von-Siemens-Platz 1 Bregenz A-6901 Bregenz Josef-Huter-Strasse 6 of the Forum building. This was opened in the the “Schmetterlinge”, Markus Simsa and Timna reporting period, along with two other company Brauer, amongst others, gave performances. The kindergartens at Gudrunstrasse and Siemens- next age group up to the matinee visitors is made strasse in Vienna. The aim is to make it easier for up of the “school radio-makers”. At the Forum’s Siemens employees to find a satisfactory work-life digital sound studio, several times per week school balance. A-7000 Eisenstadt Marktstrasse 3 Graz A-8054 Graz Strassganger Strasse 315 Innsbruck A-6020 Innsbruck Werner-von-Siemens-Strasse 9 Klagenfurt LITERATniktechTUR prize Croatia Siemens d.d. HR-10000 Zagreb, Heinzelova 70 a Tel.: +385/1/6105-0 www.siemens.hr Siemens d.d. HR-21000 Split, Put Brodarice 6 Tel.: +385/21/390920 Siemens d.d. HR-31000 Osijek, Ribarska 1/I Tel.: +385/31/229900 Slovenia Siemens d.o.o. SL-1511 Ljubljana, Dunajska 22 Tel.: +386/1/4746-100 www.siemens.si Eisenstadt complete with rooftop play area, in the penthouse guests at the popular children’s matinees, where Opening a kindergarten Siemens s.r.o. 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