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GE vs Siemens

Created: August 13, 2007, Updated: March 01, 2015, Owner: claim ownershipPut your name here Comments (0)


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General Electric, or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York, and headquartered in Fairfield, Connecticut, in the United States. The company operates through the following segments: Energy [2013 inactive], Technology Infrastructure, Capital Finance as well as Consumer and Industrial. In 2011, GE ranked among the Fortune 500 as the 26th-largest firm in the U.S. by gross revenue, as well as the 14th most profitable. However, the company is listed the fourth-largest in the world among the Forbes Global 2000, further metrics being taken into account. Other rankings for 2011/2012 include No. 7 company for leaders (Fortune), No. 5 best global brand (Interbrand), No. 63 green company (Newsweek), No. 15 most admired company (Fortune), and No. 19 most innovative company (Fast Company). –Editor's choicemore
Siemens AG ( [ˈziːmɛns]) is a German multinational engineering and electronics conglomerate company headquartered in Berlin and Munich. It is Europe's largest engineering company and maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit behind the industrial automation division. Siemens' principal activities are in the fields of industry, energy, transportation and healthcare. It is organized into four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens and its subsidiaries employ around 360,000 people across nearly 190 countries and reported global revenue of approximately €78.3 billion in 2012. The company has been the subject of a number of controversies in its history. –Editor's choicemore
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Traded asNYSE: GE, Dow Jones Ind. Average Component, S&P 500 ComponentFWB: SIE, NYSE: SI
Founded1892, Schenectady, New York1 October 1847 (1847-10-01) (Berlin, Kingdom of Prussia)
Founder(s)Thomas Edison, Charles Coffin, Elihu Thomson, Edwin HoustonWerner von Siemens
HeadquartersFairfield, Connecticut, USABerlin and Munich, Germany
Area servedWorldwideWorldwide
Key peopleJeffrey Immelt (Chairman, CEO)Gerhard Cromme, (Chairman), Joe Kaeser, (President & CEO)
ProductsAppliances, Aviation, Consumer electronics, Electrical distribution, Electric motors, Energy, Finance, Gas, Healthcare, Lighting, Locomotives, Oil, Software, Water, Weapons, Wind turbinesCommunication systems, power generation technology, industrial and buildings automation, lighting, medical technology, railway vehicles, water treatment systems, home appliances, fire alarms, PLM software
Revenue US$ 146.045 billion (2013), US$ 146.684 billion (2012) 80.30 billion (2013)
Operating income US$ 026.267 billion (2013) €5.397 billion (2013)
Net income US$ 13.057 billion (2013), US$ 13.641 billion (2012) €4.284 billion (2013)
Total assets US$ 656.285 billion (2013), US$ 684.999 billion (2012) €101.93 billion (2013)
Total equity US$ 136.783 billion (2013), US$ 128.47 billion (2012) €28.11 billion (2013)
Employees305,000 (2013)362,000 (2013)
Read news about GE
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Read news about Siemens
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