Industry

Siemens Mobility Division aims at securing sustainable profits

The Mobility Division is currently developing its “Mobility in Motion” program as a supplementary effort to secure profitability. The goal is to reach and sustain the Division’s medium-term margin target range of 5 to 7 percent. Division structures, organization and portfolio will be analyzed and appropriate measures for cost improvements will be identified – in areas like procurement, manufacturing, sales, administration, and project management – to reach this goal. Implementation of the “Mobility in Motion” program will begin in October 2008 at the latest. Read the rest of this press release »

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Business, Industry, Technology | May 1st, 2008

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