Osram moved a step forwards to its transformation to a high-tech company by selling its Siteco luminaires business to Stern Steward Capital, the investment arm of Stern Steward & Co. based in Munich. According to Osram, “Separation from Osram gives Siteco entrepreneurial freedom,” and Stern Stewart Capital will continue the current transformation approach. Despite that the financial details of the transaction were not revealed by both parties, Osram noted that its cost situation would also be improved with the elimination of previous Group structures. ...

The Floodlight FL 20 micro LED from the OSRAM subsidiary Siteco will be available from March 2015, and is a constituent part of the new Floodlight 20 LED luminaire family. The compact micro-floodlight with a rated luminous flux of approximately 3,000 Lumens is suitable for area lighting and facade illumination tasks.

According to reports, "Heraldi for Men" fashion store in the Croatian capital city of Zagreb adopts modern LED lighting from OSRAM to emphasize the presentation of goods in the store. Flexible and efficient LED lighting can provide consumers with highly unusual shopping experiences. Lighting solutions in the retail sector fulfill important functions by setting accents, offering customers improved orientation and supporting the display of goods. The demands placed on the lighting experts were also similar for the Heraldi for Men fashion store. Lighting was r...

Siteco, subsidiary of OSRAM, provides 270 units of Modario IP20 LED modules for modernization of an urban railway carriage house of Linz AG. Linz Linien intended to renovate the lighting system of a 4,500 square meter-large hall for 20 suburban trains. The highly efficient trunking systems are easy to mount and save up to 30% on energy costs in comparison to the previous lighting solution. The illumination of the urban railway carriage house of Linz AG was completely renovated using this efficient LED solution from Siteco. The renovation of the long-serving merc...