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PRINT EDITION > OCTOBER 2008

Siemens EA announces carve-out schedule

1 October 2008

Siemens Electronics Assembly (EA) Systems announces that its legal separation from the Siemens Drive Technologies Division is proceeding on schedule. Effective October 1, most of the international companies would be established as legally independent units and the complete carve-out will take place effective January 1, 2009. The new company with its 1,800 employees worldwide will operate under the name Siemens Electronics Assembly Systems as a member of the Siemens group. Its headquarters will remain in Munich headed by Günter Lauber, who will take the helm as CEO.
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