Siemens Energy’s Chairman Addresses State Support Negotiations and Wind Energy Difficulties

Siemens Energy’s Chairman Addresses State Support Negotiations and Wind Energy Difficulties

DThe chairman of Siemens Energy’s supervisory board, Joe Kaeser, is trying to calm the situation after it became known that the company was negotiating with the federal government about state support. “When you read ‘state aid’ as an investor, panic is inevitable. “Especially in an already highly nervous market,” Kaeser told WELT AM SONNTAG. The … Read more

Siemens Energy Plunges 40%: Talks with German Government for Wind Farm Guarantees

Siemens Energy Plunges 40%: Talks with German Government for Wind Farm Guarantees

Shares in Siemens Energy plunged nearly 40% on Thursday after the firm said it was in talks with the government in Berlin about state guarantees for its struggling wind farm division. Thursday’s plunge wiped three billion euros from the company’s market value and also dragged down the former parent group Siemens, which is now the … Read more

Siemens Energy withdraws from hydropower JV with Voith

– Siemens Energy plant in Mülheim-Ruhr Siemens Energy announced on Friday that it had agreed not to disclose the purchase price for 35 percent of the shares in the specialist for hydroelectric power station generators. – (Photo: imago images/Udo Gottschalk) – – – – Düsseldorf The energy technology group Siemens Energy is withdrawing from the … Read more

Australia plans to supply green hydrogen from 2023

Berlin The Australian entrepreneur Andrew Forrest wants to enter the production of green hydrogen on a large industrial scale in the short term. German companies could be among the first buyers as early as 2023. “Our goal is to be able to deliver at least 15 million tons of green hydrogen annually by 2030. We … Read more

Investors continue to hope for good quarterly reports

Frankfurt Do companies’ profits justify the high valuations of the stocks? There will be a lot of new answers to this question in the week from Monday.The housing giant will lay down on Tuesday Vonovia and the semiconductor specialist Infineon Numbers ahead. Half-time workers have recently been so scarce that production has been slowed in … Read more

Siemens Energy and Siemens Gamesa enter hydrogen market

– New technology Wind energy is to be converted directly into hydrogen – (Photo: dpa) – – – – Düsseldorf / Frankfurt The energy technology group Siemens Energy and the wind turbine manufacturer Siemens Gamesa want to make the production of hydrogen market-ready with a new technology. In a project costing around 120 million euros, … Read more

These candidates expand the list from 30 to 40

Frankfurt, Düsseldorf Symrise, Qiagen and Zalando: Some companies already have a good chance of being included in the Dax in the coming year. The investment bank Stifel has compiled a list of the most promising candidates from the current perspective for the Handelsblatt. Corporations that are listed in the Dax automatically migrate to the custody … Read more

Siemens: Kaeser’s fear of the attack

“Joint demerger report” is above the document with 380 pages. That sounds like divorce and figuratively it is. But it is not about marriage, but one of the largest voluntary separations in German economic history. The industrial icon Siemens splits off its entire energy business – into an independent listed group. It is entitled Siemens … Read more

Siemens Energy AG: Shareholders receive one share for two Siemens papers

economy Separation from energy division Siemens is split up – this is what the future of the industrial icon looks like – – Status: 10:20 p.m. | Reading time: 3 minutes – – – – Siemens is separating from the energy business – details are certain – – Siemens has apparently decided the last details … Read more

Siemens appoints Roland Busch to succeed Joe Kaeser

economy Change of leadership Siemens boss Kaeser resigns from the company’s nuclear fission – – Status: 10:35 p.m. | Reading time: 3 minutes – – – – Siemens makes Viezechef Busch the Kaeser successor – – Now it’s official: Joe Kaeser is leaving Siemens. His successor is already available in the group. Vice chief Roland … Read more