Global partnerships: Flender is also helping to change thinking outside the bounds of the company. As an investor at Flender, you also have the joy of knowing that you are helping make workplaces for the future. } } Some of these projects are ongoing, multi-year initiatives that have extended into 2023 and, in some cases, will continue into future years. FINRA’s use of fine monies is governed by FINRA’s Financial Guiding Principles (Principles), which are published to provide more transparency about how FINRA manages financial resources to ensure FINRA fulfills its regulatory responsibilities and furthers its mission. 9 BFurther information 9 B.1Responsibility Statement Flender GmbH 3 A. FINRA is a not-for-profit, self-regulatory organization (SRO) dedicated to promoting investor protection and market integrity in a manner that facilitates vibrant capital markets. Further information is available on the Internet at www.siemens.com. Andreas Evertz, Flender Group CEO. The 3,500 square metre facility enables Flender to combine sales, project delivery, engineering and training in one location in the first of its kind for Flender in Australia. The modular design of the box ensures improved handling and reduced storage space. We use some essential cookies to make our services work. Should one or more of site. Logistics and storage areas on 18,000 square meters enable a new logistics concept. Flender has announced plans for a expansion into Western Australia with a new state-of-the-art facility in Tonkin Highway Industrial Estate in Bayswater. bottom: 10px; Carlyle Nears $2.4 Billion Deal for Siemens's Flender Business (Bloomberg) -- Carlyle Group Inc. is nearing an agreement to acquire Siemens AG's mechanical drive unit for about 2 billion euros ($2.4 billion), according to people familiar with the matter.The U.S. buyout firm and German engineer are finalizing terms of the deal, which could be announced as early as this week, the people said . In short, we shall be The Partner of Choice for a Sustainable Future. For FINRA, fine amounts are based on public, pre-established sanction guidelines and the facts and circumstances of the individual case. Cookie Notice and further details. Because the total of fines-eligible expenditures exceeded the amount of fines issued in 2022, the balance of $63.3 million was funded from FINRA’s reserves and excess operating results. Flender press - Bocholt, February 10, 2022, Flender announces the closing of the acquisition of Moventas. We illustrate how we reduce our footprint in terms of carbon, waste, water and materials, and minimize our environmental, social and governance (ESG) risks. But they are also the basis of our special consulting expertise, which is supported by a virtually unlimited portfolio. The 2022 fines-eligible expenditures fall under two broad categories that align with the purposes set forth in the Principles: Initiatives supported by fines and reserves. Further details of the transaction were not disclosed. usability. Consolidated Financial Statements. Higher plant availability and reliability thanks to continuous monitoring and transparency. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Katharina Gebsattel, +49 172 718 68 57, katharina.gebsattel@vub.de, Siemens / Flender:Florian Martens, +49 89 636-22804, florian.martens@siemens.com Wolfram Trost, +49 89 34794, wolfram.trost@siemens.com. These supplemental financial measures Visual and endoscopic inspections of the internals ensure to identify and assess the actual equipment conditions. these risks or uncertainties materialize, events of force majeure, such as Flender press - Bocholt, November 17, 2022. With the foundation provided by FINRA’s regulatory audit trail and newly available CAT data, in 2022 FINRA conducted cross-market surveillance for all trading in U.S.-listed equities and options. As part of our commitment to sustainable and responsible business practices, Flender has embedded the ten principles of the United Nations Global Compact into strategies and operations. Retrofit existing products and systems with state-of-the-art technology. chapter Report on expected developments and associated material opportunities About The Carlyle Group:The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. Following the emergency situation in the German flood areas, Flender has donated 200,000 euros to people affected by the catastrophe. Please use an up-to-date browser (e.g. On more than 16,000 square meters, Flender is investing in a new production hall as well as administration and supply buildings for its wind energy business under the Winergy brand. Our products are making an important contribution to the safeguarding of sustainable energy (UN SDG #7). Download press picture 2. Attention, with logout your webquote will be closed without saving. Please use an up-to-date browser (e.g. Our ability to competently advise our customers with a view to their individual requirements rests on our extensive application know-how. In the 1990s, the drive specialist redefined industrial gear units and set the global grey standard with the Flender gear unit. The transaction is subject to regulatory approvals. Individually assembled and predefined spare parts and repair packages ensure that defective components can be replaced quickly. } /* The details regarding the types of cookies, their purpose and the third parties involved are described below and in our Cookie Notice. Please click on “Allow all and continue” to consent to our usage of cookies as described in the Cookie Notice in order to have the best possible experience on our websites. Financial Statements. The N-Eupex DK adds a double-cardanic variant to the already existing short and long construction types. With an over 100-year-long history and 8,500 employees, we are conscious of our obligations. Leveraging its significant experience in the Industrials sector, The Carlyle Group will support Flender to fully achieve its potential as a standalone company, driving accelerated growth through operational and strategic improvements, including investment into its technology and service platform. The company’s comprehensive product and service portfolio includes. In In this way, with the aid of our gear units and generators, over 115 million households are already being supplied with sustainable electric power. The fines-eligible expenditures within these categories, which are described in more detail below, furthered FINRA’s goals to implement efficient oversight programs that protect investors and the markets; modernize critical securities industry infrastructure; strengthen the ability to track trading across markets; enhance examination, investigation and disciplinary programs; enhance the efficiency of FINRA systems; facilitate compliance by member firms; equip investors with knowledge and resources to help them navigate ever-evolving markets, products and services; and expand training to ensure staff is prepared for new regulatory challenges. "Flender is the global champion in the wind and industrial gears space. words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” Moody's CreditView is our flagship solution for global capital markets that incorporates credit ratings, research and data from Moody's Investors Service plus research, data and content from Moody's Analytics. Registered office address changed from Faraday House Sir William Siemens Square Frimley Camberley Surrey GU16 8QD United Kingdom to Unit 5, Flender Ltd Lockside Road Leeds LS10 1EP on 13 April 2021. statements. 77 46395, . */. Wind Power Two powerful brands - one company Under the brand name Winergy, Flender GmbH supplies gearboxes, generators and services for wind turbines and is one of the leading manufacturers in the worldwide with more than 175 GW of supplied gearbox capacity and over 50,000 generators for wind turbines. On more than 16,000 square meters, Flender is investing in a new production hall as well as administration and supply buildings for its wind energy business under the Winergy brand. */. Our customers value Flender as a reliable partner and a secure investment. euro turnover1.9 mill. } The world is changing. .tabbody { . Siemens neither intends, nor assumes any obligation, FINRA IS A REGISTERED TRADEMARK OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC. FINRA operates the largest securities dispute resolution forum in the United States, To report on abuse or fraud in the industry. It looks like you are using a browser that is not fully supported. “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Flender is a P2B lending platform focused on investments in small-to-medium-sized businesses. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Scheduled & preventive maintenance intervals ensure optimal plant performance. height: 100%; FINRA also refreshed the compliance tools webpage, including creating new checklists and resources for firms, developed a machine-readable rulebook and enhanced the Report Center. FLENDER ONE will be the new platform and product group for the best industrial gearboxes from the Flender line. rounding, numbers presented throughout this and other documents may not add up The default rates on the platform are very low at just 1.8%, and the average return at 9.30% is fine. As of April 1, 2020, Andreas Evertz will be appointed as additional Managing Director and will succeed retiring Stefan Tenbrock as CEO effective June 1, 2020. /* FINRA provides investors with unbiased information, tools and resources that can equip them to make informed decisions about their assets and the investment professionals with whom they work. } .tab-pane > .row { Today, Carlyle manages one of the largest industrial portfolios in the world. } In light of the dramatic circumstances in the earthquake area in Turkey and Syria, the Bocholt-based drive manufacturer Flender announces that it will donate 100,000 euros to the victims of the natural disaster. So, with our gear units, couplings and generators we are helping wind turbines all over the world turn wind into electric power – a crucial constituent of a reliable infrastructure (UN SDG #9). For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, should not be viewed in isolation or as alternatives to measures of Siemens’ Flender stands for comprehensive knowhow in all questions of mechanical and electrical drive technology and for the best quality in products and services. .btn-configure { The transaction is subject to regulatory approvals. Flender press - Bocholt, September 9, 2021. Chrome, Edge, Firefox). File a complaint about fraud or unfair practices. } And even in the future all of that will still need the best drive technology. Chrome Browser, To us sustainable corporate success means taking responsibility for our environment, our employees and society, at a product level and along our own delivery chain. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. to update or revise these forward-looking statements in light of developments Cookie Notice and further details. The move comes as Flender continues to grow in the region and looks to expand its operations in Western Australia to meet increasing customer demand, especially in wind energy and mining sectors. The business is particularly strong in Wind, a sector benefitting from secular tailwinds given its increasing importance in the energy mix. In the first half of fiscal 2021, Siemens sold 100% of its shares in Flender GmbH including Siemens' Wind Energy Generation business (Flender). Flender press - Bocholt, February 28, 2018, /* Effective today, Siemens Wind Energy Generation (WG) will be part of Siemens AG's wholly-owned subsidiary Flender GmbH in Germany and thus perfectly complement Flender's business portfolio. FINRA does not target any minimum dollar amount of fines to be issued. And even in the future all of that will still need the best drive technology. Annual Financial Statements A.1 Statement of income Fiscal year (in €)Note2017 2016 Revenue 1 2,313,742.02 2,260,424.04 Cost of sales2-835,900.39 -789,841.49 Gross profit 1,477,841.63 1,470,582.55 Important milestone for planned Flender listing, The two Portfolio Companies’ businesses a perfect fit, Combined company to strengthen global technology leadership. Due to Industry. Please use an up-to-date browser (e.g. Please use an up-to-date browser (e.g. Blender Foundation annual report 2020 May 7th, 2021 News Ton Roosendaal We're happy to present the 32-page report of the activities Blender Foundation could do thanks to donations and Development Fund membership support. but not limited to, those described in disclosures, in particular in the SUSTAINABILITY REPORT 2022 flender.com. FINRA offered virtual and in-person conferences and educational programs**, tailored to the unique business needs of operating in a hybrid-work environment, including a one-day FINRA Firm Grouping Conference designed to provide financial professionals associated with FINRA member firms the opportunity to engage in key discussions with FINRA staff. upon for Flender’s employees and German locations. New Plug & Play sensor DX500 enables predictive gear unit maintenance, Flender shows drive solutions for the process industries and a new diagnostic service. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Flender press - Bocholt, December 13, 2021. BisProfiles.Com Florida. Chrome, Edge, Firefox). 2020+ strategy for becoming a focused technology company, New ownership structure offers Flender As a globally operating company, we bear a responsibility for our employees and partners and for the society with which we interact. Flender thus makes a contribution to the energy transition: Storage of large components for wind energy and reduction of CO2 emissions through optimized transport routes and a sustainable hall concept. Flender is expanding the portfolio of its flexible coupling series N-Eupex by introducing three new types. AD01. max-width: 370px; The United Nationsʼ (UNʼs) 17 Sustainable Development Goals (SDGs) ensure sustainable development in ecological, economic and social areas of activity worldwide. Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. Further information is available at. .tab-pane > .row { position: absolute; Consequently, over 150 million households can be supplied reliably with electricity from renewable sources. Flender China has a new Chairman. } max-width: 370px; We use cookies to make our services work and collect analytics information. This Foreign for Profit company is located at 1401 MADELINE LANE, ELGIN, IL, 60124 and has been running for nine years. forward-looking statement. The donation will go to Aktion Deutschland Hilft e.V. } In 2022, FINRA invested $52.2 million in several initiatives to enhance various tools and systems used for our examination, investigation and disciplinary programs. For us high-quality, committed employees have been the key to innovative power and performance right from the start. Fitch Ratings - Barcelona - 04 Jun 2021: Fitch Ratings has assigned Flender International GmbH (the parent company of Flender GmbH) a final Long-Term Issuer Default Rating (IDR) of 'BB-' with a Stable Outlook. The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. Flender was part of the Minister’s official tour of the expo and Habeck took the opportunity to talk with Flender CEO Andreas Evertz about the energy transition goals for Germany and Europe, Flender’s role as one of the core suppliers for the wind energy industry, and also the importance of an energy-efficient industry on the way to reach global climate goals. CO2-equivalent emissions in t, baseline: financial year 2015Scope 1 and 2, all Flender locations. Under the name Fastex, the new series ensures a frictional connection and thus an efficient transmission of torque and power. . Scheduled maintenance downtimes instead of unplanned production stoppages. Flender stands for comprehensive knowledge in all questions of mechanical drive technology, as well as the utmost quality in all products and services. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks of the Annual Report, and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. These initiatives are intended to better align resources with the risks and business practices of member firms; better identify the brokers and firms that may present the greatest risk to investors and the markets; and modernize the systems supporting disciplinary processes. The transaction is subject to regulatory approvals. You will be able to download it at any time during the subscription period. Joe Kaeser, President and Chief Executive Officer of Siemens AG . **Note: The program costs include expenses net of funding received from registration fees or other revenues related to conferences and educational programs.
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