Siemens Initiates Fundraising Campaign for Tsunami Victims in Japan

Siemens is conducting an international fundraising campaign to help the victims of the earthquake and its aftermath in Japan. Through March 31, 2011, Siemens will match every euro that employees around the world donate to a special bank account opened for that purpose.

The company itself will set aside at least €1 million to cover these donations. In addition, Siemens is providing immediate on-site assistance, including medical equipment like mobile ultrasound devices and reagents for lab tests, as well as urgently needed water purification systems with a total value of €2 million. “We are deeply saddened by the extent of the disaster in Japan. Our fundraising campaign is a symbol of the profound solidarity we feel with our colleagues in Japan and with all the people of Japan,” said Siemens CEO Peter Löscher.

In the last few days, Siemens employees around the world have expressed their profound concern over the events unfolding in Japan. In the past the Siemens team has already demonstrated its tremendous willingness to help in the event of catastrophes, such as the heavy flooding in Pakistan and the earthquake in Haiti. Siemens doubled the donations made by employees worldwide. In this manner, the company supported reconstruction efforts in Haiti with donations in kind and contributions totaling over €2 million.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world’s largest provider of environmental technologies, generating €28 billion – over one-third of its total revenue – from green products and solutions. In fiscal 2010, which ended on September 30, 2010, revenue totaled €76 billion and net income €4.1 billion. At the end of September 2010, Siemens had around 405,000 employees worldwide.

The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas.

Source: Siemens , March 17, 2011;

 

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