BERLIN, Oct 26 — The German government is in talks with Siemens Energy about state guarantees, a government source said today, after major setbacks at the group stemming from...
Zambry: Netanyahu can face trial for international crimes, but Malaysia can’t refer him since not party to Rome Statute
Neta V Malaysia: Still the cheapest EV here at RM100,000, now with free bodykit, auto tailgate, wallbox, one-year motor insurance An offshore wind turbine of the Siemens Gamesa company is seen from the Telde coast on the island of Gran Canaria May 2, 2022. — Reuters picBERLIN, Oct 26 — The German government is in talks with Siemens Energy about state guarantees, a government source said today, after major setbacks at the group stemming from its wind division, which has booked billions in losses amid quality issues.
In August, Siemens Energy said the problems at Gamesa would be the main factor inflating its net loss in 2023 to €4.5 billion, more than six-fold year-on-year.Top managers at Siemens Gamesa, the world’s largest maker of offshore wind turbines, have been replaced without resulting improvements in profitability.
Globally the company operates 79 sites, including sales and service offices, research and development centres, and 15 factories to produce components such as blades. — Reuters
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