Being awarded the Gold Medal is outstanding as this is the first year the company has applied for EcoVadis rating after being independent as company again. You can also set your preferences or reject cookies (except for strictly necessary cookies). It is universally applicable, but it is particularly suitable for pump applications. Highly qualified and dedicated employees have always been the key to our innovative strength and productive capacity. precisely to the totals provided and percentages may not precisely reflect the The FLENDER spare gear unit ensures to have it at hand onsite immediately when needed, for example in case of a defective gear unit. bottom: 10px; Industrial Such statements are based on the current expectations and certain The modular design of the box ensures improved handling and reduced storage space. } pandemics, occur or should underlying expectations including future events But they are also the basis of our special consulting expertise, which is supported by a virtually unlimited portfolio. position: absolute; display: flex; 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. "By 2030 Flender will be operating in a 100 % carbon-neutral way. ***Note: The direct program costs of the FINRA Investor Education Foundation are funded from the assets of the FINRA Investor Education Foundation, rather than from fine monies or reserves. “There are lots of projects and initiatives ongoing and we want to score even higher in future. Your browser does not support all website features. "We are now reinventing this standard," said Andreas Evertz, CEO of the Flender Group, at the presentation of the successor Flender One at the Hannover Messe. Cookie Notice and further details. Combining data from FINRA reporting and transparency systems and the Consolidated Audit Trail (CAT), FINRA has developed a comprehensive regulatory audit trail as an essential part of the work to monitor the integrity of the markets. Please use an up-to-date browser (e.g. Our customers value Flender as a reliable partner and a secure investment. The transaction is subject to regulatory approvals. Munich, Germany, 29 October 2020 - Global investment firm The Carlyle Group (NASDAQ: CG) today announced that it has agreed to acquire Flender GmbH, a market leader in mechanical and electrical drive technology, from Siemens AG for €2 billion. to update or revise these forward-looking statements in light of developments Flender is expanding its portfolio of application-specific gear units and, with the Planurex 3 L for roller presses, is bringing out gear units with the currently highest available power density in the market. 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. Flender press - Bocholt, November 17, 2022. We (Flender GmbH) and certain third parties use cookies on this website. } Decrease of CO2 emissions through optimized transport routes. Further information is available on the Internet at www.siemens.com. In 2022, FINRA invested $13.4 million to improve FINRA’s external-facing digital platform and other firm compliance filing systems. Check it out: Annual report 2021 (pdf) Thanks so much for the support we've had from you and/or your organizations. With the investments the company addresses the increased demand for wind energy capacities in the Indian region and globally. It is a natural source of energy that renews itself, is easily accessible and preserves our environment. View PDF Registered office address changed. 4 Annual Report 2022 Siemens Limited Registered and Corporate Office: Registrar and Share Transfer Agent: Siemens Limited Birla Aurora, Level 21, Plot No. performance measures (non-GAAP-measures). In 2022, FINRA invested $52.2 million in several initiatives to enhance various tools and systems used for our examination, investigation and disciplinary programs. About Flender | Flender Our significant Industrials expertise, as well as extensive experience with carve-out transactions, positions Carlyle well to support Flender with its continued growth and innovation. should not be viewed in isolation or as alternatives to measures of Siemens’ Flender stands for comprehensive knowledge in all questions of mechanical drive technology, as well as the utmost quality in all products and services. Siemens neither intends, nor assumes any obligation, 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 Board or the Finance Committee may authorize the use of fine monies only for one of four enumerated purposes: Under the Principles, FINRA also makes public a description of the use of fine monies approved by the Board or its Finance Committee during the prior year. For more than 40 years Flender, under the brand name Winergy, has been supplying gear units and generators for wind turbines that turn windpower into electrical energy. Chrome Browser, We use some essential cookies to make our services work. We (Flender GmbH) and certain third parties use cookies on this website. Please use an up-to-date browser (e.g. The details regarding the types of cookies, their purpose and the third parties involved are described below and in our Cookie Notice. Flender | Carlyle The new products allow users additional flexibility in their systems without losing the compact design and high load capacity of a pin coupling. We look forward to working closely together as we continue to serve our customers around the world while also pursuing our growth ambitions.”, Gregor Böhm, Managing Director and Co-Head of Carlyle Europe Buyout, said: “As a global leader in gear and drive technology with a unique product and service portfolio, Flender is ideally positioned for further growth. Flender press - Bocholt, September 9, 2021. CONTENTS 1COME AND HIGHLIGHTS WEL 3 1.1s statement CEO' 3 1.2 Welcome from the CSR team 4 1.3 Our CSR highlights for 2022 5 . height: 100%; Customized solution for greater efficiency and modernization of your gear unit. Please use an up-to-date browser (e.g. . Flender press - Bocholt, December 9, 2020. Welcome to the new era of industrial drive technology: precisely fitting gearbox solutions, configured in just minutes. 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. Sustainability forms the basis of our activity. Fitch Assigns Flender International GmbH Final 'BB-' Ratings Report a concern about FINRA at 888-700-0028, Securities Industry Essentials Exam (SIE), Financial Industry Networking Directory (FIND), Fines-eligible expenditures funded by 2022 fines issued, Fines-eligible expenditures funded by reserves and excess operating results. For more than 40 years Winergy gearboxes and generators ensure that wind turbines all over the world convert wind power into electrical energy: reliable, efficient and at low lifecycle costs. Is there a better way to produce electricity? BisProfiles.Com Florida. For FINRA, fine amounts are based on public, pre-established sanction guidelines and the facts and circumstances of the individual case. For us high-quality, committed employees have been the key to innovative power and performance right from the start. This Foreign for Profit company is located at 1401 MADELINE LANE, ELGIN, IL, 60124 and has been running for nine years. Being awarded the Gold Medal is outstanding as this is the first year, we have applied for EcoVadis rating after being independent as company again. This has already enabled us to reduce the carbon footprint of the remaining energy requirement by about 83 % in the last four years. The results of Flender are reported within discontinued operations. Flender press - Bocholt, December 13, 2021. document contains statements related to our future business and financial This challenge we are able to meet every day thanks to the knowhow, the care and the precision of our employees that are involved in every phase of development and production. display: flex; Annual Reports 2022 February 14, 2022 2021 April 14, 2021. The details regarding the types of cookies, their purpose and the third parties involved are described below and in our Cookie Notice. 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. FINRA issued $48.1 million in fines in 2022*, and the Board determined that there were $111.4 million in fines-eligible expenditures in 2022 (i.e., capital initiatives, strategic expenditures and other activities eligible to be funded by fine monies based on the criteria set forth above). [{"name":"Home","site_name":"Press | Company | Siemens","description":"","url_str":"\/global\/","level":0,"image":"","base_root":"https:\/\/press.siemens.com","base_nid":"5","base_nodepath":"\/node\/5","base_path":"\/global\/","base_secure_url":"https:\/\/press.siemens.com\/global","children":null}], Another step in executing Vision In short, we are the Partner of Choice for a Sustainable Future. With an over 100-year-long history and 8,500 employees, we are conscious of our obligations. absolute figures. height: 100%; FINRA continues to expand the training it provides to staff, including examiners, to ensure staff is prepared for new regulatory challenges. Our customers value Flender as a reliable partner and a secure investment and our decades-long experience in many sectors of industry and raw materials extraction. Flender has opened its new state-of-the-art testing and workshop facility at the Tonkin Highway Industrial Estate in the Perth suburb of Bayswater. Cons. 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. 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. We will draw upon our deep local presence to help Flender further solidify its competitive position in wind and industrial gears in the region, and to support the long-term development of wind power in Asia and globally.”. Unique combination of product design, gearbox intelligence and digitalization, Flender press - Bocholt, September 15, 2022. 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. accordance with the applicable financial reporting framework in its The details regarding the types of cookies, their purpose and the third parties involved are described below and in our Cookie Notice. We look forward to partnering with the company’s management team and employees to further build on the company’s success.”, Janine Feng, Managing Director of Carlyle Asia Partners, said: “China is expected to remain a major driver of the global renewable energy transition and has pledged to become carbon neutral by 2060. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, PDF Flender Sustainability Report 2022 these risks or uncertainties materialize, events of force majeure, such as Summary. site. Flender financials - P2P holdings An example of this is the recyclable packaging project with our supplier Schaeffler (see also "Eco-Friendly Packing System"). FINRA is also responsible for the surveillance of the unlisted equity market and fixed income instruments that trade in the over-the-counter market, and conducts surveillance to identify potential market manipulation or other misconduct. 1080, Dr. Annie Besant Road, Worli, Mumbai 400 030 Phone: +91 22 6251 7000 Fax: +91 22 2436 2403 CIN: L28920MH1957PLC010839 Your browser does not support all website features. 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. FINRA’s Board of Governors (Board) reaffirmed the Principles in September 2021. In this way we contribute to further decreasing the costs of energy production from wind for a better future. With its unique product and technology portfolio and its global presence, Flender is ideally positioned for sustainable growth. 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. In this spirit, we are excited to join with our customers in writing the next chapter of the Flender story. Quick and suitable fault correction services to resolve unplanned equipment downtimes. .tab-pane > .row { In 2022, FINRA completed the Digital Experience Transformation program, a multi-year effort to integrate and simplify brokerage firms’ digital interactions with FINRA, facilitating more efficient and effective compliance programs. Yet much is already known: in one hundred years' time man will still need energy, will still be travelling and will still be extracting raw materials. We illustrate how we reduce our footprint in terms of carbon, waste, water and materials, and minimize our environmental, social and governance (ESG) risks. } bottom: 10px; This cost also includes spending for a transformation of the contact center experience for firms, financial professionals, regulators and the investing public. but not limited to, those described in disclosures, in particular in the 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.
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