UP

Siemens CEO says give Trump a chance

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

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

Russia shoots down 43 Ukrainian drones

Palestinian President Mahmoud Abbas visits Turkiye

3 officers killed, 2 injured in US shooting

Trump targets antifa movement as ‘terrorist organization’

Syrian foreign minister to discuss lifting of US sanctions

Ukraine’s $120B war cost exceeds budget – Zelensky

Israel strikes Hamas building in Doha

German Chancellor: War affects lives, we want it to end

Latvia extends airspace closure until Oct 8

Trump and Melania meet King Charles III at Windsor Castle

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