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

Yandex data center hit by drone attack in Russia

US, Ukraine to discuss new peace proposals in Miami

Klitschko urges residents to consider temporary relocation

Trump awards national science medals to Musk, tech leaders

Ukraine strikes fuel plant in Russia’s Tver region - Video

US sanctions 17 vessels linked to Iran’s shadow fleet

Pashinyan greets followers with Azerbaijani song - Video

Pezeshkian and Pashinyan meet in Turkmenistan - Video

10 killed in deadly riot at Mexican prison

Five killed in Istanbul building collapse

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