Siemens Energy shares plunged nearly 40% on Thursday, wiping 3 billion euros ($3.16 billion) off its market value, after the group said it was in talks with ...
The wind power giant made headlines earlier this year, when it scrapped its profit forecast and warned that major setbacks at wind turbine subsidiary Siemens ...
The installation of wind turbines is just as prone to cost overruns as conventional infrastructure.
Engineering group in talks with German ministers to secure 80% of an initial โฌ10bn funding tranche.
Shares in Siemens Energy crashed to record lows after the energy-technology giant said it was talking to the German government and banks about guarantees to ...
Its wind-turbine business is struggling, and guarantees are needed to win new large-scale contracts to build transmission networks and gas turbines.
Siemens Energy shares slumped as much as 36% on Thursday after the company said it was seeking German government guarantees, as the company's wind turbine ...
Financial problems at the company, a major supplier of wind turbines and power plants, could hamper the energy transition.
Shares in German group plunge as it also looks at ways of strengthening its balance sheet.
The German government is in continuing "intensive talks" over Siemens Energy , the economy ministry said on Friday, as the company's shares halted their ...
The history of Siemens is the history of electricity. After Werner von Siemens set up shop in a Berlin workshop in 1847, his improved design for the ...
Chancellor Olaf Scholz said the German government is in productive talks with Siemens Energy AG over as much as โฌ16 billion ($16.9 billion) in loan ...
One of the world's biggest wind turbine makers has reignited concerns over the headwinds facing the industry after losing billions in market value this week ...
(Bloomberg) -- The history of Siemens is the history of electricity. After Werner von Siemens set up shop in a Berlin workshop in 1847, his improved design ...