29/08/2026
Change is on the horizon at Siemens Energy. The company is preparing to separate its Transformation of Industry division into a standalone entity named Omterra. This €5.7 billion operation, entailing industrial steam turbines, compressors, hydrogen electrolysers, and more, is set to operate more freely, allowing it to respond better to market demands and capital allocation needs.
Siemens Energy believes that the industrial sector's investment cycle and purchasing requirements differ substantially from the rest of its business, making independence a logical step. The division currently employs around 17,000 people and had a profitable year in 2025 with an 11.3% profit margin.
What does this mean for the industry? With an installed base exceeding 85,000 units globally, continuity and service quality remain priorities. Siemens Energy plans to retain a meaningful minority stake, navigating potential ownership changes while focusing on maintaining customer satisfaction.
This is not just a simple restructuring; it's a move to ensure each part of Siemens Energy can thrive on its own terms.
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Siemens Energy is preparing its industrial business for standalone separation. Transformation of Industry generates €5.7 billion in revenue and employs around 17,000 people, with the group planning eventual deconsolidation while retaining a meaningful minority stake.