UP

Siemens CEO says give Trump a chance

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Siemens CEO says give Trump a chance

German industrial group Siemens (SIEGn.DE) sees an opportunity to profit from increased infrastructure investment in the United States following the surprise victory of Donald Trump in the presidential election, its chief executive said on Thursday.

"Give him a chance, let's see what we can do together and take the positive out of it," Joe Kaeser said in an interview on Bloomberg TV.

Trains-to-turbines group Siemens employs 50,000 people and makes $22 billion in revenues in the United States, its single biggest market, accounting for a quarter of its total sales.

Kaeser added that he was unconcerned by Trump's plans to focus on fossil fuel-based energy sources at the likely expense of solar, wind and other forms of renewable energy, saying Siemens' strategy did not depend on government subsidies.

Siemens is merging its wind-power business with that of Spain's Gamesa (GAM.MC) to create the world's biggest maker of wind farms.

Date
2016.11.10 / 14:59
Author
Axar.az
See also

Bessen: Major US military actions against Iran unlikely

Death toll in Zimbabwe ferry accident rises to 97

US approves possible $4.5B sale of KC-46A tankers to Qatar

Seven countries condemn Israel’s E1 settlement plan

Iran condemns new US sanctions as economic terrorism

Drone debris sparks fire at Kyiv business center

47 killed in boat capsizing in northwestern Nigeria

Moscow awaits US, Turkiye response on Ukraine arms

Houthis claim attacks on Najran airport, Aramco facility

Extreme heat kills more than 4,400 people in Spain

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla