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

Pashinyan plans second lawsuit against Karapetyan

Pope Leo calls for 'disarming' of AI in landmark encyclical

Pezeshkian: Negotiations must secure Iran’s rights

Ukrainian military losses updated on 1,552nd day of war

Xi calls for closer China–Pakistan partnership

Netanyahu admits limited influence on Trump over Iran

Armenia considers alternatives for railway construction

Iran issues statement on Mojtaba Khamenei’s condition

Two injured in aircraft incident in Russia

Baghaei says Iran, US moving closer to finalizing deal

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