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....Just months after finishing its Aliso Canyon project, Greensmith was purchased by Wartsila, a global power equipment company. AES announced in July that it would spin off its storage unit into a joint venture with Siemens. ... [Read full article on Guardian ]
Friday 15th of September 2017 06:00:02 AM
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Latest Finance News related to Siemens

California’s big battery experiment: a turning point for energy storage? image
Source : Guardian [Read Article] Friday 15th of September 2017 06:00:02 AM
....Just months after finishing its Aliso Canyon project, Greensmith was purchased by Wartsila, a global power equipment company. AES announced in July that it would spin off its storage unit into a joint venture with Siemens. ...
UK green energy expensive? Not any more. From now on it's cheap image
Source : Guardian [Read Article] Monday 11th of September 2017 11:38:12 AM
....New power stations in the UK today are usually only built with the certainty provided by subsidies paid through energy bills, so the record low guaranteed price awarded to the developers of three new mega offshore windfarms today is, first and foremost, welcome news for consumers. It is also good for the economy post-Brexit, for the foreign-owned developers behind the multibillion-pound projects, and the increasingly UK-based supply chain that supports them, such as Siemens’ £310m wind turbine factory in Hull. ...
Let’s move to Kingston upon Hull, Yorkshire: ‘It’s glorious’ image
Source : Guardian [Read Article] Friday 25th of August 2017 03:30:10 PM
....The case against A big city that needs investment to turn it around. The recent arrival of Siemens is a boon, but social and economic stats are troubling. ...
UK energy industry cyber-attack fears are 'off the scale' image
Source : Guardian [Read Article] Sunday 25th of June 2017 04:20:06 PM
.... “Maintaining the highest level of security against cyber threats is a top priority for the industry,” a spokeswoman said. Security experts from the National Cyber Security Centre and companies including Siemens also recently attended a summit on cybersecurity and energy infrastructure, hosted by Energy UK and the Department for Business, Energy and Industrial Strategy. ...
Derby-based Bombardier beats German rival to £900m train contract image
Source : Guardian [Read Article] Tuesday 20th of June 2017 09:01:04 AM
....The British-built trains will replace German-made rolling stock ordered by the outgoing franchise holder, Stagecoach. It had used Siemens’ trains for the franchise since privatisation and had placed an order for more of its Desiro trains, in what appeared to be another defeat for Bombardier in a long-running battle with the German industrial group. ...
Rise of the machines: who is the ‘internet of things’ good for? image
Source : Guardian [Read Article] Tuesday 6th of June 2017 04:30:13 AM
.... And it is at this scale of activity that the guiding ideology of the internet of things comes into clearest focus. The strongest and most explicit articulation of this ideology in the definition of a smart city has been offered by the house journal of the engineering company Siemens: “Several decades from now, cities will have countless autonomous, intelligently functioning IT systems that will have perfect knowledge of users’ habits and energy consumption, and provide optimum service . ...
Government support needed to unlock billions in green business, says industry image
.... The signatories to the letter concluded: “We call on the new government to put in place ambitious and long-term policies to tackle climate change and improve the state of the environment at the heart of its industrial strategy and vision for the UK. ” The letter was coordinated by the Aldersgate Group and also signed by 11 companies including Kingfisher, Aviva Investors, Anglian Water, Siemens, and Scottish and Southern Energy. ...
A new company every week: inside the UK's AI revolution image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
.... Research by consultancy firm Accenture shows that realising the UK’s potential in this sector would add £654bn to the economy by 2035. Earlier this month, Siemens UK chief executive Juergen Maier warned that AI is vital to the UK staying competitive. ...
Sir James Dyson wins vacuum cleaners appeal at European Court image
Source : BBC [Read Article] Thursday 11th of May 2017 11:11:40 AM
....A spokesperson at Dyson said they were "shocked and delighted". Sir James, a high profile campaigner for Brexit, had previously argued that EU law discriminated in favour of his company's rivals, which include Germany's Bosch and Siemens. ...
Robotics, AI​​ and 3D printing could close UK's productivity gap image
....The future has already arrived in a small factory in Worcester, according to the man hired by Theresa May to put Britain at the forefront of the next industrial revolution. Juergen Maier, the chief executive of Siemens UK, believes new technologies including robotics, artificial intelligence and additive manufacturing, or 3D printing, can deliver greater productivity and create more highly paid jobs. ...
Bombardier and Siemens 'in train deal talks' image
Source : BBC [Read Article] Tuesday 11th of April 2017 09:17:35 PM
. Shares in manufacturers Bombardier and Siemens have jumped on reports they are in talks about merging their train-making businesses. ...
Clean sailing image
Source : BBC [Read Article] Monday 3rd of April 2017 11:00:18 PM
...."Several years of investment in sustainable technologies have resulted in us having more than 10 fully electric and plug-in hybrid ferries under construction by several yards," says Gjermund Johannessen, managing director. In addition to new-builds, the marine division of Siemens, which developed the technology for Ampere, believes 84 ferries are ripe for conversion to electric power. ...
Hull after Brexit – will the City of Culture regret voting out? image
Source : Guardian [Read Article] Sunday 2nd of April 2017 02:30:03 PM
.... For all its efforts, it is Britain’s third most deprived local authority, with one large ward, Orchard Park and Greenwood, suffering some of the country’s deepest poverty. So the decision by the German manufacturer Siemens in November 2014 to establish Hull as the home of its factory to make blades for Britain’s vast new North Sea wind farms delivered the city’s most far-reaching economic boost for decades. ...
It feels as if I’ve been hung out to dry by John Lewis over discounted machine image
. In January I bought an ex-display Siemens Avantgarde tumble dryer from John Lewis in Cheadle at a greatly reduced price – £499 compared with an RRP of £1,249 – but with the John Lewis two-year guarantee (written on the receipt) along with a five-year manufacturer’s warranty. ...
Grayling hopes Brexit brings new apprenticeships in train image
Source : Guardian [Read Article] Saturday 18th of March 2017 04:00:43 PM
....Strict EU procurement guidelines create a level playing field that has helped overseas groups win UK transport projects, often to the detriment of UK industry. Infamously, Bombardier announced 1,400 job cuts at what was then the UK’s last remaining train manufacturing plant after Krefeld-based Siemens won a £3bn deal to build 1,200 carriages for the trans-London Thameslink route in 2011. ...
Chris Grayling tells Japan: some of our trains are superior to yours image
Source : Guardian [Read Article] Sunday 26th of February 2017 05:03:58 PM
....”. Grayling’s backing for Derby comes only five years after the site’s future looked bleak because Germany’s Siemens was picked for a lucrative contract to build trains for London’s Thameslink Network. ...
Brexiters expect to leave the EU on a free trade ‘crusade’. What if they are wrong? image
.... Rolls-Royce may be grabbing the attention at the moment after a joint Guardian and BBC Panorama investigation identified 12 countries in which Rolls-Royce had hired “commercial agents” or advisers to help it secure high-value contracts. Go back a few years and Siemens was caught doing much the same, and Italy’s oil companies are almost constantly under investigation by local prosecutors for using bribes to win contracts, most recently in Algeria. ...
Mortlake brewery selling vats and all before being turned into luxury flats image
Source : Guardian [Read Article] Wednesday 7th of December 2016 05:40:53 PM
....The rebrand, which ultimately failed, was backed by advertising campaigns featuring lookalikes of Fidel Castro, Mao Zedong and Nikita Khrushchev quaffing ale. In its modern incarnation, under the ownership of ABInBev since 1991, the brewery operated using modern brewing equipment manufactured by firms such as Steinecker and Siemens. ...
Hull's Siemens factory produces first batch of wind turbine blades image
Source : Guardian [Read Article] Thursday 1st of December 2016 06:27:34 PM
....A new £310m factory in Hull that makes wind turbine blades has been hailed by ministers as proof that manufacturing has a “glittering” future in the UK. The first batch of 75-metre blades have emerged from the plant, part of a vast “green port” built by Siemens and partners at docks that used to export Yorkshire coal. ...
Siemens' £310m Hull plant will take windfarm technology to new level image
Source : Guardian [Read Article] Thursday 1st of December 2016 12:06:25 AM
....The first batch of 75-metre-long wind turbine blades will roll out of a new factory in Hull on Thursday, destined for huge windfarms off the UK’s coast. The inauguration of the Siemens plant at the city’s Alexandra Dock employs 700 people and was hailed by campaigners as an example of how curbing carbon emissions could create jobs. ...
Deutsche Bank defended by German firms image
Source : BBC [Read Article] Sunday 2nd of October 2016 09:29:17 PM
....Leading German firms have rushed to defend Deutsche Bank amid concerns over the troubled lender's financial health. Executives from Siemens, Daimler, Munich Re and BASF told German newspaper Frankfurter Allgemeine Sonntagszeitung they backed the bank. ...
Under pressure image
Source : BBC [Read Article] Thursday 29th of September 2016 10:58:59 PM
....What Mr Herrhausen had realised was that the German market, "dominated by savings and co-operative banks, and not-for-profit institutions, was no place for a private bank to grow," explains Deutsche Bank's former chief economist, Prof Thomas Mayer. What's more, as the West German economy boomed in the lead-up to reunification, the likes of Siemens, Daimler and Volkswagen, some of Deutsche's biggest clients, were looking for access to capital markets on which to issue corporate bonds, rather than relying on more traditional banking services. ...
Fire drill knocks ING bank's data centre offline image
Source : BBC [Read Article] Monday 12th of September 2016 11:21:58 AM
....But, according to Motherboard, the high-pressure release created a sound that topped 130 decibels. A study last year by the German engineering group Siemens warned the nozzles used by some fire suppression systems could cause "fatal" damage to hard disks because of sound wave vibrations they sent through the air. ...
Yorkshire offshore wind farm gets government approval image
Source : BBC [Read Article] Tuesday 16th of August 2016 02:48:50 PM
....At 623 feet (190m) high, each turbine would be taller than the Gherkin building in London. The first of the turbines will be made in Siemens' newly-built Hull factory. ...

Angela Merkel to 'urge chiefs of big companies to hire refugees'
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Source : Telegraph [Read Article] Saturday 13th of August 2016 02:25:07 PM
....Mrs Merkel has been under intense pressure to ease the burden on local authorities, which have had to house more than a million migrants since the start of last year. The chancellor has invited executives from companies like Siemens and Volkswagen to a meeting in Berlin to discuss how to speed up migrants’ integration into German society by getting as many as possible into work quickly, Bild newspaper reported. ...

Remoaners are determined to find bad news
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Source : Telegraph [Read Article] Friday 29th of July 2016 06:21:52 PM
.... Now GSK has announced £275 million of new investment in the UK, while AstraZeneca is spending £330 million, pointing out that it’s “hard to find a better place in the world” to carry out scientific research. Before the vote, Siemens threatened that Brexit would bring “significant and negative long-term effects”. ...
Siemens promises UK investment despite Brexit warning image
Source : BBC [Read Article] Tuesday 12th of July 2016 09:57:49 AM
. German industrial giant Siemens has said it will continue to invest in the UK, despite earlier warnings that a vote to leave the EU could affect its future activities in the country. ...

Germany's Siemens embraces 'Project Optimism' in Brexit U-turn
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Source : Telegraph [Read Article] Monday 11th of July 2016 06:38:56 PM
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Siemens UK warns that Brexit vote could hit investment image
Source : BBC [Read Article] Thursday 30th of June 2016 11:35:54 PM
. One of the UK's biggest industrial companies, Siemens UK, has warned that investment could be hit in the wake of the Brexit vote. ...
Vodafone among firms that may shift head offices from post-Brexit UK image
Source : Guardian [Read Article] Tuesday 28th of June 2016 07:08:33 PM
....Vodafone’s warning came as the CBI business lobby group warned that firms are already putting investment plans on ice as a result of the uncertainty caused by the Brexit vote. As a wide range of businesses – including German company Siemens and Sir Richard Branson’s Virgin – warned about the implications for the UK, the CBI director-general, Carolyn Fairbairn, called on the government to act quickly. ...
Siemens freezes new UK wind power investment following Brexit vote image
Source : Guardian [Read Article] Tuesday 28th of June 2016 01:13:22 PM
. Siemens is putting new wind power investment plans in the UK on hold due to uncertainty caused by last week’s Brexit vote, the Germany energy company has told the Guardian. ...
The UK could learn a lot from Germany’s long-term industrial strategy image
Source : Guardian [Read Article] Wednesday 30th of March 2016 05:17:16 PM
....That said, Germany is in a different league to Britain. It has more world-class companies in a broader range of sectors – Siemens, BMW, Bosch, to name a few – supported by a more densely packed network of Mittelstand companies. ...
Why businesses are embracing comedy image
Source : BBC [Read Article] Thursday 10th of March 2016 12:04:15 AM
.... Except when it is. Companies that are now using comedians include internet giant Google; social media firm Twitter; soft drinks business Red Bull; and German engineering group Siemens. ...
Renewables subsidy cuts may boost bills image
Source : BBC [Read Article] Thursday 3rd of March 2016 12:03:59 AM
....The committee points out that ministers have cut support for solar and onshore wind, ended the "Green Deal" energy efficiency programme and cancelled a project for carbon capture and storage (CCS) - a technology the Prime Minister previously referred to as "crucial". Siemens pointed in evidence to what they say are contradictory statements from government: . ...
Energy policy U-turns 'may cost households £120 a year' image
Source : Guardian [Read Article] Thursday 3rd of March 2016 12:01:48 AM
....Ministers have slashed subsidies for onshore windfarms, reduced aid to solar power, ended the “green deal” energy efficiency programme and cancelled a longstanding competition to build a carbon capture and storage scheme. The report, Investor Confidence in the UK Energy Sector, contains statements from companies including wind turbine maker, Siemens, complaining about “apparently contradictory messages” from ministers. ...
Euston station upgrade risks years of misery, says train operator image
Source : Guardian [Read Article] Thursday 18th of February 2016 07:23:02 PM
....”. The first of 1,140 carriages built by Siemens for Thameslink will be delivered in spring 2016 and Brown admitted the new trains could make some suburban customers unhappier. ...
German poll finds one in three firms would leave UK after Brexit image
Source : Guardian [Read Article] Sunday 14th of February 2016 05:44:38 PM
.... Nonetheless, only 21% of companies surveyed believed Britain should leave the EU. “Many small- and medium-sized companies complain about EU regulation” said Jürgen Maier, the CEO of Siemens in the UK. ...
World's largest offshore windfarm to be built off Yorkshire coast image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 12:53:54 PM
....2GW Hornsea project will be made up of 7MW wind turbines, the largest generally available, each more than 190m high, which is taller than the Gherkin building in the City of London. Dong is planning to have them built at a factory in Hull owned by Siemens, the German industrial giant, but it is uncertain whether all of them will come from there. ...
BBC awards £100m network deal to BT image
Source : Telegraph [Read Article] Friday 29th of January 2016 05:00:40 AM
.... . The deal with BT’s Global Services division is the first stage of a plan to completely overhaul the BBC’s controversial £2bn technology outsourcing arrangements, originally signed with Siemens in 2004. ...
NewVoiceMedia to spend big to go Stateside following $30m fundraise image
Source : Telegraph [Read Article] Thursday 28th of January 2016 05:00:33 AM
. NewVoiceMedia, the outsourced call centre business that helps 500 customers, including Siemens, TNT, JustGiving and RAC, answer the phone and respond to emails, has raised $30m (£21m) from a consortium of venture capital funds and US technology giant Salesforce. ...
What lifting Iran sanctions means for world markets image
Source : BBC [Read Article] Saturday 16th of January 2016 09:20:18 PM
...."If we can't convince any big banks to provide us with big amounts, we have to look for a large number of smaller banks," says Mr Tockuss, whose chamber members managed to keep doing business with Iran, thanks to small German banks with no exposure to the US market. But such "micro-financing" could prove inadequate for large-scale projects like the overhaul of Iran's railway system by engineering firm Siemens, or the purchase of large passenger aircraft from Airbus. ...
GE to cut 6,500 Alstom jobs in Europe image
Source : BBC [Read Article] Wednesday 13th of January 2016 10:38:32 AM
....In May last year, GE pledged to create jobs in France as part of efforts to calm French government concerns about the US company's proposed acquisition of Alstom's energy units. At the time, both GE and Siemens were in talks with the French government to try to secure a deal. ...
Questor share tip: RWS Holdings delivers solid full-year image
Source : Telegraph [Read Article] Tuesday 8th of December 2015 06:00:53 PM
....2m. RWS takes patents in English and translates them for companies such as Siemens and Ford to protect their technology across different markets. ...
Paris attacks: The economic impact image
Source : BBC [Read Article] Wednesday 2nd of December 2015 12:33:03 AM
....". This concern was also expressed by the chief executive of the German industrial giant Siemens, Joe Kaeser in an interview with the Financial Times: . ...
COP-21 climate deal in Paris spells end of the fossil era image
Source : Telegraph [Read Article] Sunday 29th of November 2015 02:46:39 PM
.... . Those best-placed to profit in Europe are: Denmark's wind group Vestas; Schneider and ABB for motors and transmission; Legrand for low voltage equipment; Alstom and Siemens for rail efficiency; Philips, and Osram for LEDs and lighting. ...
Paris attacks impact French economy image
Source : BBC [Read Article] Monday 23rd of November 2015 10:21:40 AM
....The "flash" manufacturing PMI rose to a 19-month high, and Mr Williamson said the rest of the survey data suggested "a more encouraging picture of France continuing to lift itself out of its gloom". The survey comes after the boss of the industrial conglomerate Siemens warned that the Paris terrorist attacks and political instability in Europe were making companies more reluctant to invest. ...
Attacks threaten investment: Siemens image
Source : BBC [Read Article] Sunday 22nd of November 2015 08:36:54 PM
. The Paris terrorist attacks and political instability in Europe are making companies more reluctant to invest, the chief executive of Siemens has warned. ...
Dyson loses legal battle with Bosch over vacuum row image
Source : Telegraph [Read Article] Friday 20th of November 2015 06:28:32 PM
.... . A court in the Netherlands has branded Dyson's accusations as "completely baseless", according to BSH Home Appliances, which makes products under the Bosch and Siemens labels. ...
Unilever and Tesla top list of companies leading the fight on climate change – survey image
....Electric car manufacturer Tesla came in second, while Swedish furniture maker Ikea, technology giant Google and consumer appliances conglomerate General Electric tied for third place. Walmart, Toyota, Siemens, Apple and solar-energy installer SolarCity rounded out the leaders list. ...
Dyson loses EU energy labels claim image
Source : BBC [Read Article] Wednesday 11th of November 2015 12:43:42 PM
....The court also dismissed Dyson's claim that current EU energy labelling laws "discriminates" in favour of bagged vacuum cleaners. The ruling is a setback for Dyson, which last month began legal action against rivals Bosch and Siemens, alleging that they were misleading consumers in behaviour "akin to the Volkswagen scandal". ...
UK, Germany heart of Europe - Osborne image
Source : BBC [Read Article] Monday 2nd of November 2015 05:54:30 AM
....". On Tuesday, Mr Osborne will also visit a Siemens factory in the German capital and address an audience of business leaders at the annual conference of the BDI, the Federation of German Industries. ...
£1.5bn Galloper windfarm in Suffolk to go ahead with new backers image
Source : Guardian [Read Article] Friday 30th of October 2015 12:01:02 AM
.... The remaining partner, RWE Innogy, halted work. But RWE Innogy announced on Friday that Siemens Financial Services and the investment and financial services group Macquarie Capital, along with the UK government’s Green Investment Bank, had become joint 25% equity partners. ...
German vacuum cleaner firm set to sue Dyson over energy-test claims image
Source : Guardian [Read Article] Wednesday 28th of October 2015 07:48:42 PM
....A German vacuum cleaner maker is threatening to sue Dyson over allegations that it manipulated energy-efficiency tests. BSH Hausgeräte, which makes household appliances under the Bosch and Siemens brands, said it was taking steps to sue Dyson in the UK over what it said were false allegations made by billionaire founder Sir James Dyson. ...
Dyson counter-sued by Bosch over 'cheating' allegations image
Source : Telegraph [Read Article] Wednesday 28th of October 2015 05:46:17 PM
.... Sir James has alleged that the AAAA energy rating for some of Bosch?s vacuum cleaner models was only achievable under lab conditions. BSH Hausgeräte, which manufactures home appliances under the Bosch and Siemens brands, said the allegations were “unfounded and untrue”. ...
Dong Energy to build world's biggest wind farm off UK coast image
Source : Telegraph [Read Article] Wednesday 28th of October 2015 05:12:18 PM
.... . The wind farm will have two different turbines - 40 8-MW turbines from MHI Vestas Offshore Wind and 47 7-MW Siemens turbines. ...
Bosch and Dyson in test result dust-up image
Source : BBC [Read Article] Wednesday 28th of October 2015 03:44:18 PM
....The company said all its vacuum cleaners were tested in accordance with the EU Energy Label and Ecodesign Directive for vacuum cleaners and met the standards in full. Dyson has said independent testing had shown that machines made by Bosch and marketed under the Bosch and Siemens brands, could draw more than 1600 watts of power when used in the home despite having a rating of 750 watts. ...
VW must bypass its entrenched culture for the road to recovery image
Source : Telegraph [Read Article] Saturday 17th of October 2015 04:35:23 PM
.... VW's reputation now lies in ruins. Even if Pötsch thinks the blame should be pinned on some of the executives, how likely is he to do that? Siemens, another German corporate titan, appointed a raft of outsiders when it was rocked by a huge bribery scandal in 2006. ...
Redcar looks to rise from the ashes after steelworks blow image
Source : Guardian [Read Article] Saturday 3rd of October 2015 03:00:09 PM
.... Many have successfully diversified. In Hull, a city once reliant on fishing and shipping, the Green Port Hull initiative will host a £310m Siemens offshore wind turbine manufacturing facility. ...
The company that charges double image
Source : BBC [Read Article] Thursday 1st of October 2015 11:23:31 PM
....Competition is hotting up. Both fellow German brands like Bosch and Siemens and far eastern ones, such as Samsung, are targeting the kind of well-heeled customer Miele holds dear. ...
China fines Bombardier over venture image
Source : BBC [Read Article] Wednesday 30th of September 2015 03:51:07 AM
.... The parent company merged with rival train maker China CNR to create CRRC, the world's biggest train maker, this year. The merger of the state-backed firms was done in part to compete with the likes of Bombardier, and Germany's Siemens for global projects. ...
The Observer view on corporate cheats | Observer editorial image
Source : Guardian [Read Article] Saturday 26th of September 2015 11:09:03 PM
.... Greater personal liability undoubtedly has a role to play, but is no magic fix, as poor organisational cultures can encourage people to take risks regardless of the consequences. The German system of corporate governance – often held up as an exemplar for its employee representation – has failed to prevent scandals afflicting big German companies such as Siemens, Deutsche Bank and Deutsche Telecom: a system designed to work for modestly sized, community-rooted businesses has not worked in holding global giants to account. ...
BBC pulls the plug on £2bn IT system fiasco  image
Source : Telegraph [Read Article] Saturday 12th of September 2015 06:00:28 PM
.... . The BBC is under pressure to avoid a repeat of disasters it has faced under its current £2bn IT supply agreement, originally signed with Siemens in 2004. ...
Selling to Europe: what we learned image
Source : Guardian [Read Article] Thursday 10th of September 2015 10:24:43 AM
....It was as if someone had flipped a switch. The nice words suddenly became orders and companies like Volkswagen, BMW, Mercedes, and Siemens are now valuable and valued customers. ...
Full steam ahead: George Osborne hails opening of Hitachi’s £82m rail plant image
....Questions of heritage are not merely sentimental, as controversy has dogged train procurement deals of recent years. Hitachi and its partners beat Bombardier and Siemens to be named preferred bidders for the IEP in 2009, and the government faced a furious backlash as it emerged that the first trains would be built entirely in Japan and the new factory would be primarily an assembly plant. ...
European companies beat US to Iran business after nuclear deal reached image
Source : Guardian [Read Article] Tuesday 25th of August 2015 12:03:51 PM
....“We are talking here about 80 million people who need energy supplies, who naturally also need healthcare, who want to get back off their knees in the oil and gas businesses. There are opportunities and chances,” Joe Kaeser, chief executive of Siemens, the German industrial conglomerate, told German television last month. ...
Obama plan 'hope' for Paris deal image
Source : BBC [Read Article] Tuesday 4th of August 2015 11:07:32 AM
.... It says the UK has led the world in cutting emissions for too long, and that energy bills are too high. The industrial giant Siemens has urged the government to take party politics out of energy policy. ...
Britain in danger of losing the race to Iran before it’s begun image
Source : Telegraph [Read Article] Friday 31st of July 2015 04:54:30 PM
.... . German economy minister Sigmar Gabriel will be in Tehran this weekend as Berlin hopes to pave the way for the country’s large exporters such as Volkswagen, Daimler, Siemens and BMW, which have expressed an interest. ...
Shares in Aveva soar after Schneider Electric deal image
Source : Telegraph [Read Article] Monday 20th of July 2015 08:43:07 AM
.... . The FTSE 250 company has been subject to a game of takeover tug-of-war in recent months as Emerson, General Electric, Siemens and Schneider were all mooted as potential bidders for the whole of Aveva. ...
French pilot in tiny one-seater beats Airbus to first electric cross-Channel flight image
.... . First 100% electrical flight over Channel doesn't belong to Pipistrel or Airbus&Siemens, but to Hugues Duval! Bravo! https://t. ...
Nine ways to overcome barriers to sustainable business image
Source : Guardian [Read Article] Wednesday 8th of July 2015 02:33:33 PM
.... This idea is perhaps most apparent in the construction industry, where the perceived higher cost often blocks the creation of greener buildings. “When looking at costs across the lifetime of a building, it really makes economic sense to build a green building,” says Elaine Trimble, urban infrastructure economist at Siemens. ...
New Rolls-Royce boss Warren East faces £2bn headache in first week image
Source : Telegraph [Read Article] Tuesday 7th of July 2015 04:26:38 PM
.... “New management at UTC have made it clear that they are looking for smaller targets, and Rolls would double up their aero engine risk when Pratt & Whitney [which is owned by UTC] is going through similar transition issues [on its new geared turbofan engine]. Another suggested acquirer is Siemens, though we’re not sure their shareholders would be thrilled. ...
Powerhouse or poorhouse? Why the north-east fears devolution won’t help image
....Caterpillar is a lean, shiny, success story with a well-trained workforce – precisely the kind of firm George Osborne hopes to boost with his plan to build a “northern powerhouse”, which he will flesh out in Wednesday’s budget. Other firms nearby are thriving: Hitachi is building a train plant at Newton Aycliffe; BAE Systems and Siemens have operations here, too, building on the north-east’s tradition of engineering skills. ...
Greek bailout extension refused: a panel of leading economists give their verdict image
....Over the last decade, Germany has invested in all the key areas that not only increase productivity, but also create innovation-led growth. Companies like Siemens are the result of a dynamic public-private eco-system in Germany, with high government spending on science-industry links (Fraunhofer institutes), the existence of a large and strategic public bank (KfW) that provides patient, long-term, committed capital to German businesses, a long run-focused stakeholder type of corporate governance (rather than the short-termist shareholder Anglo-Saxon model that southern Europe has copied), an above-average R&D/GDP ratio (rather than the below average one in Greece, Portugal and Italy), investments in vocational training and human capital, and a mission-oriented ‘energiewende’ strategy focused on greening the entire economy. ...
How do we overcome the barriers to being a sustainable business? image
Source : Guardian [Read Article] Monday 22nd of June 2015 12:00:18 PM
....David Symons, director, WSP Group. Elaine Trimble, urban infrastructure economist, Siemens. ...
Why foreign ownership is harming the future of Britain's £29bn aerospace sector  image
.... UK-listed aircraft parts maker GKN has been a major consolidator in the industry . The study also said that of the 101 companies that changed ownership over the period (some more than once), a significant proportion of the deals – 16 of them – were by major industry players Cobham, Thales, GE, GKN and Siemens, who targeted companies with an average turnover of £150m, and who had valuable market positions or intellectual property. ...
Forget the G7 summit – Bilderberg is where the big guns go image
Source : Guardian [Read Article] Monday 8th of June 2015 06:44:22 PM
....From the worlds of industry and manufacturing are some eye-wateringly big names. The CEO of Michelin is invited, along with the head of Roche, the CEO of Royal Dutch Shell, the chairman of BP, the CEO of Siemens Austria and the heads of various industrial conglomerates such as Techint and Investor AB, companies so large they’re hard to classify. ...

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