1. Tutorial Work
LECTURER: Mr. Max Galarza
MEMBERS:
Miguel Falcán
José Gaibor
Mayra Freire
Jennifer Medranda
Marilyn Martínez
Isaac Costales
BUSINESS ENGLISH II- B
2016
Grade: 9
2. • Siemens & Halske was founded by
Werner von Siemens and Johann Georg
Halske on 12 October 1847.
• Siemens is a German company
headquartered in Berlin and Munich and
the largest engineering company in
Europe with branch offices abroad.
1
Siemens
• The principal divisions of the
company are Industry, Energy,
Healthcare, and Infrastructure &
Cities, which represent the main
activities of the company.
3. Siemens Today
• Siemens is global powerhouse positioned along the electrification
value chain, as well as in the areas of medical imaging and in-vitro
diagnostics.
• Siemens is one of the world’s largest technology companies.
• Their name stands for: engineering excellence, innovation and good
corporate citizenship.
4. • Is one of the largest companies in
Japan.
• It was founded 13 of May of 1870 by
Yatarō Iwasaki, son of a samurai family.
He played an important role in the
transformation of Japan into an
industrialized society. It was initially
dedicated to shipping.
3
• The brand and the name of Mitsubishi,
refer to "three diamonds". Its name derives
from the words "mitsu", meaning three,
and "hishi", meaning triangular water
chestnuts.
5. • Alstom was incorporated in 1992.
• Is a French corporation focused on the
business of electricity generation and
manufacture of trains (such as the TGV,
Eurostar or trams) and boats (such as
the Queen Mary 2).
4
Alstom
• The firm is divided into five sectors: turbo
generator systems, environment, services,
transportation and shipping industry.
• In Latin America it has manufacturing facilities
and services in Mexico, Argentina and Brazil.
6. • Trust
• Responsibility
• Transparency
5
Siemens – Team Work
• “The last thing you want as a leader is to
have clones of yourself”
Peter Löscher, president and C.E.O.
7. • Commitment
We bring the best benefits to our
customers, employees, shareholders,
society and environment for total
satisfaction.
• Ownership
We take initiative to deliver best efforts
through personal responsibility and
accountability.
• Renewal
We achieve innovation by continuously
transforming our heartset and mindset.
• Ethics
We value good corporate governance
and conduct ourselves with integrity and
transparency.
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Mitsubishi Team Work
Ken Kobayashi
8. • Partnership
• Trust
• Commitment
• Responsability
7
Alstom Team Work
"Our values and our ethical rules are a
source of pride and unity at Alstom. They
are one of our most valuable assets and
we shall continue to draw on them as a
source of strength and guidance.“
Henri Poupart-Lafarge
9. • The move by Siemens and Mitsubishi comes just a day after
rival bidder General Electric sweetened its offer.
• GE offered to create a joint venture with the firm's nuclear and
energy businesses and to sell its profitable rail signaling
business to Alstom.
• Alstom, which also makes the high-speed TGV train, is seen
as one of France's key industrial firms.
8
Siemens and Mitsubishi up
Alstom bid
10. • As a result, all parts have discussed their offers with French
President Francois Hollande, who is concerned about the
break-up of Alstom and the loss of jobs.
• Siemens also offered to enter into a "immediate" joint venture
with Alstom in mobility management for the rail business,
including signaling.
9
Siemens and Mitsubishi up
Alstom bid
11. • As part of the deal, Mitsubishi and the French government
would take equal stakes in Alstom, acquiring a portion of the
29 percent holding of French group Bouygues, union
representatives said after meeting with Economy Minister
Arnaud Montebourg.
• Alstom would keep control of its energy transmission and
renewables activities, which would not be part of the Siemens-
Mitsubishi bid.
10
Siemens and Mitsubishi finalize
Alstom offer
12. • In a second step that one source described as "completely
independent" of the turbines deal, Siemens and Alstom would
combine their rail activities.
• Siemens and Mitsubishi would be offering about 9 billion
euros in cash under the turbines offer.
11
Siemens and Mitsubishi finalize
Alstom offer
13. Following the bids
by General Electric
(GE) for French
company Alstom
and competing bids
by Siemens and
Mitsubishi Heavy
Industries, GE has
won the bid and
will take over the
gas and steam
turbine businesses
from Alstom
The board from
Alstom decided to
choose GE over the
latter following a
meeting between
the French
President and the
CEO of GE
addressing the jobs
issue.
France had demanded
strict conditions
"guaranteeing energy
independence, job
creation on national
territory, and
maintenance of
decision-making
centres in France". GE
was always the
favored bidder from
the perspective of
Alstom and its
shareholders
Siemens said it
respected and
understood France's
efforts to preserve its
national interests. MHI
said it regretted the
decision but looked
forward to
cooperating with other
French companies as it
has with nuclear group
Areva (AREVA.PA).
Success or Fail?