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

France to provide Armenia with €250 million loan

Four Israelis hailed for averting flydubai tragedy

Shin Bet agents head to Dubai for evacuation flights

Hegseth says US cut number of generals, admirals by 20%

Russian exports to Turkiye fall 41% in August

Russian General Sergey Nikitushkin detained in Moscow

Elon Musk to co-lead new Pentagon project

Iran: Delegation left New York as scheduled

North Korean leader 'extremely obese': Seoul spy agency

Iraqi PM signals ‘serious beginning’ to weapons control

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