Siemens Energy (OTCPK:SMEGF) said Wednesday it extended the contract of CEO Christian Bruch for another five years, a strong sign the company believes it has turned a corner following a major crisis ...
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Siemens Energy Announces Manager’s Share Transaction
Siemens Energy ( ($DE:ENR) ) has issued an update. Siemens Energy AG announced a manager’s transaction involving Dr. Christian Bruch, a member of ...
Investing.com -- Siemens Gamesa will become "strong cash positive" by 2028, according to Christian Bruch, CEO of parent company Siemens Energy, who outlined the turnaround strategy for the struggling ...
Siemens Energy CEO Christian Bruch said Monday that the company needs to slow down its rollout of new products after booking 2.2 billion euros ($2.4 billion) in costs due to quality issues at its wind ...
Despite the drag from Gamesa, Siemens Energy raised its mid-term profitability goals and proposed its first dividend in four years, citing strong demand for gas turbines and grid technologies. The ...
Booming demand from data centres and AI has lifted Siemens Energy group to record revenues and order backlog, but can the wind unit catch up?
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Germany (Reuters) -Siemens Energy said on Thursday it plans to ...
MUNICH/DUESSELDORF (Reuters) -Siemens Energy raised its midterm outlook on Tuesday as it reported a new record for its order book and a narrower fourth-quarter loss, boosted by rising demand for power ...
Siemens Energy raised its midterm profitability targets as the company’s order backlog reached record levels on the back of demand for AI data centre components and gas turbines.
Editor’s Note: Galen George, Siemens Energy North America director of marketing and business development, will anchor a POWERGEN+ webcast Tuesday morning on “Adapting Existing Generation for the “New ...
The German economy ministry announced late on Tuesday that it had granted the backstop as part of a wider package of 15 billion euros in guarantee lines, agreed with banks and other stakeholders.
FRANKFURT/BERLIN, June 23 (Reuters) - Siemens Energy ENR1n.DE Chief Executive Christian Bruch said on Friday that the setback from quality problems at the company's Siemens Gamesa unit were "more ...
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