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

Armenia to conduct annual military exercise in June

Merz welcomes US–Iran deal, calls for full implementation

US–Iran agreement brings ‘sigh of relief’ to region

Financing for Ukraine among key topics at G7 summit

Tehran seeks stronger trade ties with regional states

Hague Court rules on 10-year Kerch Strait and Azov dispute

US and Iran sign Memorandum of Understanding

The USSR brought peace and stability to Europe

Duran congratulates Azerbaijan on National Salvation Day

Ukrainian army losses updated on 1,573rd day of war

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