Overview
Description
Siemens Aktiengesellschaft Sponsored ADR represents shares in Siemens AG, an industrial manufacturing conglomerate based in Germany, allowing American investors to invest in the company through trading in US markets. Siemens AG specializes in electrification, automation, and digitalization, making significant contributions across multiple sectors, including industry, infrastructure, transport, and healthcare. The company plays a pivotal role in advancing technologies that improve productivity and quality of life.
The ADR—American Depositary Receipt—structure provides US investors with a convenient avenue for investing in Siemens without the direct complexities of foreign markets. Siemens is renowned for its innovation in smart infrastructure, energy-efficient technologies, and advanced transportation systems. This positions Siemens as a critical player in the shift towards renewable energy and smart cities.
Its operations extend globally, impacting economic development and technological advancement through providing power generation equipment, industrial automation solutions, and digital services. Siemens’ market significance is substantial, as it supports industrial and urban development worldwide, underlining its role as a facilitator of modern industrial growth and infrastructure enhancement.
About
CEO
Dr. Roland Busch Dipl.Phys.
Employees
327000
Address
Werner-von-Siemens-Strasse 1
Munich, 80333
Munich, 80333
Phone
49 89 3803 5491
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
MIC code
PINX