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Die Seite wurde neu angelegt: „The Siemens factory buildings and plants were devastated by the bombardment of industrial installations by the Allies in 1945.“
(Die Seite wurde neu angelegt: „The international network of subsidiaries and associated companies was broken up with the outbreak of World War I. Property, material assets as well as patents and property rights abroad were confiscated. The international business had to be rebuilt again when the war ended. Former subsidiaries, such as the English Siemens Brothers & Co., were now competitors. As before the war, Siemens succeeded in keeping the business going with the aid of large orders.…“) |
(Die Seite wurde neu angelegt: „The Siemens factory buildings and plants were devastated by the bombardment of industrial installations by the Allies in 1945.“) |
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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. | 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. | ||
With the global triumph of the electronics industry, Siemens also succeeded in achieving rapid economic growth. | |||
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