Tuesday, 26 October 2021

Tag Archives: Siemens

Siemens to cut 2,700 jobs at gas and power unit

BERLIN: Siemens plans to cut 2,700 jobs at its gas and power company, in addition to 10,400 it is already shedding in its core units, the German engineering firm said. Siemens said last month it was spinning off its gas and power business, which has acted as a drag on ...

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Siemens to build new London Underground trains

FRANKFURT-AFP: German manufacturing conglomerate Siemens will build almost 100 new trains to replace the decades-old rolling stock on London Underground’s Piccadilly Line, the group said in a statement Tuesday. “London Underground… signed a contract with Siemens Mobility to design and build 94 new generation Tube trains worth around 1.5 billion ...

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Siemens nears multi-billion euro deal in Iraq

FRANKFURT: German engineering group Siemens is working on a deal worth up to 9 billion euros ($10.6 billion) to supply energy generation technology to Iraq, business daily Handelsblatt reported, citing government and industry sources. Siemens Chief Executive Joe Kaeser has travelled to Iraq to secure a memorandum of understanding with ...

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Siemens to Equip Solar Farms in Pakistan and Brazil

RIO DE JANEIRO: Siemens AG (SIE.XE) on Tuesday said that it will install electrical systems for two solar farms, one in Pakistan and the other in Brazil.  e larger of the two photovoltaic plants will have a capacity of around 100 megawatts and be located in Bahawalpur, eastern Pakistan. The ...

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