Siemens AG

Siemens (Germany) has been selected as the preferred contractor for constructing the converter stations, and Nexans holds the cable contract, on the project's own website. The scheme is phased: Greece and Cyprus are connected first, over an 898 km submarine cable, with Israel's connection at a later stage. Its published milestones run to September 2024. The site is run by the Greek transmission operator's special purpose vehicle.

Siemens states that its Tell Us channel and its ombudsperson are the complaints procedure required by the German supply chain law, that the procedure is open to Siemens employees, external persons and other organisations, that reports may be made anonymously and confidentially at any hour, and that a suspicion may be directed at a Siemens business or at a Siemens supplier. All reports go to a central Reporting Office answering to the Chief Compliance Officer, who has access to the Managing Board and Supervisory Board.

Siemens took record orders of EUR 27.9 billion in the third quarter of fiscal 2026, up 13%, on revenue of EUR 20.8 billion, up 7%, with Profit Industrial Business up 25% to a record EUR 3.5 billion at a 17.3% margin, net income of EUR 2.6 billion and free cash flow of EUR 4.1 billion. The order backlog stood at EUR 132 billion and the outlook for the year was raised. Chief Financial Officer Veronika Bienert states that binding tax decisions clear the way for the planned spin-off of Siemens Healthineers.

In correspondence with the Manchester group Didsbury for Palestine, seen by The Canary, Siemens confirmed on 5 August 2025 that it supplies and maintains Israel Railways' double-deck trains under the 2018 contract, and called the Great Sea Interconnector Siemens Energy's project. In May 2026 it told the same group it holds about 6% of Siemens Energy, that only short sections of the A1 run through disputed territory, that it has not served prisons in Israel for 15 years, and that it does not comment on third-party relationships.

Siemens requires its direct suppliers to commit to the Siemens Code of Conduct for Suppliers and Third Party Intermediaries, makes those principles part of its contractual agreements with them, and requires suppliers to pass them on down their own chains. The statement, published in January 2026, also commits Siemens to risk analysis, preventive measures, remedies and a complaints procedure under the German supply chain due diligence law.

Germany's Siemens, France's Aegis and companies from Italy and Austria have come under fire for operating in Israel, according to the Israeli business daily the Jerusalem Post. COMSA withdrew from Jerusalem's Blue Line project, WSP closed its Israel branch and Alstom could lose a Barcelona metro tender, while CAF is building light rail in Jerusalem and Tel Aviv. Most of the companies decided to stay in Israel during the war, and board-level concern about continued involvement in Israeli infrastructure persists, per the same report.

BNP Paribas underwrote USD 1.2 billion for Siemens between January 2021 and August 2024, on an Oxfam count cited by UNI Global Union, the global union federation for services and finance workers, in a letter to the bank. It describes Siemens as supplying and maintaining rolling stock on Israel's A1 line serving settlements.

Extal Ltd., the aluminium factory in the Mishor Adumim industrial zone that supplied parts for the Siemens rail contract, appears at entry 62 of the 158 business enterprises in Annex I, home State Israel, for the use of natural resources, in particular water and land, for business purposes. Annex II names seven enterprises found no longer involved in listed activities, among them Alstom. The UN human rights office received 733 submissions alleging 596 businesses and could review only 215 given its resources.

Siemens supplies rail cars, maintenance and systems that enable transport to the settlements, and is profiting from and complicit in the settlement project, in the finding of a report by 84 organisations including the Palestine Economic Policy Research Institute in Ramallah, the Who Profits Research Center and Oxfam. It values the 2018 Israel Railways agreement at roughly EUR 1.1 billion, and says Siemens must urgently review and lawfully terminate any contracts linked to illegal settlements. Siemens replied within the comment period, denying involvement in constructing the A1 route or supplying traffic systems in the occupied territory.

The UN Independent International Commission of Inquiry concluded on reasonable grounds that Israeli authorities and security forces have committed and are continuing to commit acts of genocide against Palestinians in the Gaza Strip, that they have and continue to have genocidal intent, and that Israel bears State responsibility for the failure to prevent genocide, the commission of genocide and the failure to punish genocide. The analysis covers Gaza over the period 7 October 2023 to 31 July 2025.

Siemens contracted Extal, in the Mishor Adumim settlement industrial zone, for USD 4 million of aluminium parts including support for factory upgrades, a relationship Israel's Ministry of Economy initiated in 2019 so that Siemens could meet an obligation to reinvest 20% of the rail contract in the Israeli economy, according to the American Friends Service Committee's research register. The register also records the Israeli military and arms industry using Siemens Teamcenter, Solid Edge and FLOEFD, licensed in Israel through McKit Systems, whose client list has included the Israeli Ministry of Defense, Elbit Systems, Israel Aerospace Industries and Rafael since 2013.

The International Court of Justice found Israel's continued presence in the occupied Palestinian territory unlawful, held settlements and their associated economic activity contrary to international law, and set out obligations on states in relation to trade and dealings with settlements.

Siemens Mobility supplies the Israel Railways Double Deck Electrical Multiple Units under a framework agreement concluded in 2017 and still ongoing. Options let Israel Railways buy more trains within 10 years and extend servicing to a maximum of 29 years; it had recently ordered 81 more. The trains can run on the whole of Israel's electrified network. Siemens denies involvement in constructing the A1 line and says an internal and external legal review found the transaction in line with its human rights due diligence obligations, in a letter to Who Profits dated 26 February 2024.

Israel Railways placed a firm order with Siemens Mobility in February 2024 for 81 further Desiro HC partly double-deck electric multiple units under the framework contract signed in 2017, for delivery by 2029, as part of a procurement plan approved in 2023. The order takes the Israel Railways fleet to 141 Siemens trains.

Greece's Independent Power Transmission Operator took the Greece-Cyprus-Israel interconnection over from EuroAsia Interconnector Ltd, which had signed the cable contract with Nexans and had selected Siemens as preferred contractor for the converter stations. Siemens was at that point still preparing the necessary studies for the contractual arrangements on that segment.

Siemens won the 2018 Israel Railways tender for 330 electric cars worth about NIS 4 billion: NIS 3.2 billion of carriages, NIS 230 million for the maintenance facility and about NIS 400 million of maintenance services. The cars entered service on the A1 route in December 2021. That route crosses the Green Line into the occupied West Bank in two areas, using occupied Palestinian land, some of it privately owned, for an Israeli transportation project aimed exclusively for Israelis, according to the Israeli research centre Who Profits, whose report carries the company's February 2024 reply.

The Palestinian BDS National Committee called on 6 October 2022 for global consumer boycotts and divestment campaigns against Siemens until the company terminates its business involvement in the EuroAsia Interconnector, and for the exclusion of Siemens from public and private contracts and investments. It describes Siemens as having won the tender for the cable, which would connect Israel's electricity grid to the EU's. Siemens remains one of the thirteen named consumer boycott priority targets on the committee's list.

The Palestinian Human Rights Organizations Council asked the executive board of Siemens Energy, on 4 October 2022, to refrain from all business involvement in the EuroAsia Interconnector that benefits and contributes to the maintenance and expansion of Israel's illegal settlements in the occupied Palestinian territory. It warned that Palestinian civil society would otherwise launch an international boycott campaign. The letter is addressed to Christian Bruch, Maria Ferraro, Karim Amin and Tim Oliver Holt.

Extal, a private Israeli company, develops and markets aluminium systems from a head office at 10 Eitam Street in the Mishor Adumim industrial zone in the occupied West Bank, and received approval for financial investment from Israel's Ministry of Finance in 2013. Palestinian workers there won an Israeli labour court ruling in 2007, after a long legal struggle, that the company must apply Israeli labour law to its West Bank operations, rather than the Jordanian law of 1967 Extal had argued for. Extal's clients include Israel Aerospace Industries, Elbit Systems and Rafael, according to Who Profits.

Siemens Mobility GmbH signed a contract with Israel Railways at Lod on 7 March 2018 worth approximately EUR 900 million: 60 Desiro HC double-deck trainsets delivered over ten years, an initial order of 24 sets in four-car and six-car configurations, a 15-year maintenance agreement for the first 24, a maintenance workshop built at Ashkelon and further maintenance options. The Mobility Division's then chief executive called the order strategically important, and the first time Siemens would deliver complete trains to Israel.

The Tel Aviv-Jerusalem fast train, initiated in 2001 and costing over NIS 8.5 billion, crosses the Green Line into the occupied West Bank in two areas, using occupied Palestinian land, some of it privately owned, for an Israeli transportation project aimed exclusively for Israelis, according to the Israeli research centre Who Profits. Its 2017 report found the line could not have been built without the investment and expertise of the foreign multinationals involved.

Siemens won its first Israeli turnkey order on 8 June 2016, for the Alon Tavor and Ramat Gabriel combined cycle power plants, and stated that approximately 40 percent of Israel's power generation capacity was already based on Siemens technology. The power generation business was separated into Siemens Energy AG in September 2020.

Germany's state railway ended its involvement in the Tel Aviv-Jerusalem project in May 2011, after the German transport ministry wrote to it in February 2011 describing the scheme as a problematic venture and a potential violation of international law touching on questions of status. The ministry then informed parliament that the company had withdrawn. The Financial Times described it as a victory for pro-Palestinian groups and the boycott, divestment and sanctions campaign.