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

U.S. and British soldiers die during training in Iraq

Russian military loss figures updated

US in talks to expand nuclear weapons deployments in Europe

Israel to continue operations in southern Lebanon

Trump says Netanyahu, Hezbollah agree to end hostilities

Trump says Iran has not notified U.S. of ending talks

Iran claims control over Strait of Hormuz

Fidan holds call with Araghchi on regional developments

Medvedev accuses Pashinyan of EU–EAEU balancing

Cargo ship hit by projectile in Persian Gulf

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