Translations:Siemens/14/en

It wasn't until 1950/1951 that Siemens succeeded after five years in restoring revenue again to pre-war levels. The international side of the business was also successfully restored by 1959. The Siemens Group had split into three independent companies by 1966: Siemens & Halske AG, Siemens-Schuckertwerke AG and Siemens-Reiniger AG. The three joint-stock companies were reorganized in a bid to respond to changes in the competitive environment and on the international markets and merged to form the umbrella organization Siemens AG. The comprehensive network of associations and subsidiaries, such as Siemens-Electrogeräte AG founded in 1957, remained in existence.