Tutorial WorkLECTURER: Mr. Max Galarza

MEMBERS: Miguel Falcán José Gaibor Mayra Freire Jennifer Medranda Marilyn Martínez Isaac Costales

BUSINESS ENGLISH II- B2016

Grade: 9

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• 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.

Siemens

• The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities, which represent the main activities of the company.

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.

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• 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.

• 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.

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• 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).

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.

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• Trust• Responsibility• Transparency

Siemens – Team Work

• “The last thing you want as a leader is to have clones of yourself”

Peter Löscher, president and C.E.O.

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• CommitmentWe bring the best benefits to our customers, employees, shareholders, society and environment for total satisfaction.

• OwnershipWe take initiative to deliver best efforts through personal responsibility and accountability.

• RenewalWe achieve innovation by continuously transforming our heartset and mindset.

• EthicsWe value good corporate governance and conduct ourselves with integrity and transparency.

Mitsubishi Team Work

Ken Kobayashi

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• Partnership• Trust • Commitment• Responsability

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

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• 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.

Siemens and Mitsubishi up Alstom bid

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• 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.

Siemens and Mitsubishi up Alstom bid

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• 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.

Siemens and Mitsubishi finalize Alstom offer

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• 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.

Siemens and Mitsubishi finalize Alstom offer

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?

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• https://es.wikipedia.org/wiki/Mitsubishi• https://es.wikipedia.org/wiki/Alstom• https://en.wikipedia.org/wiki/Siemens• http://www.reuters.com/article/us-alstom-siemens-idU

SKBN0EO1UM20140613• http://www.bbc.com/news/business-27936834• http://

www.nytimes.com/2011/07/31/business/siemens-ceo-on-building-trust-and-teamwork.html

• http://www.reuters.com/article/us-alstom-siemens-offer-idUSKBN0ER0MC20140616

SOURCES