German industrial giant Siemens refused on Tuesday to comment on a newspaper report that it had withdrawn about half a billion euros in cash from a French bank and parked it at the European Central Bank.
German industrial giant Siemens is turning the page on nuclear energy, the group's CEO Peter Löscher told the weekly <i>Der Spiegel</i> in an interview published on Sunday.
German industrial giant Siemens unveiled on Thursday charges that drove its third quarter net profit 65 percent lower than in the same period last year, a sharper decline than analysts had expected.
German industrial giant Siemens and Finnish mobile phone maker Nokia will continue with their Nokia Siemens Networks (NSN) venture after failing to find buyers for part of it, NSN said on Wednesday.
Industrial giant Siemens is preparing to spend billions of euros on new acquisitions, the <i>Financial Times Deutschland</i> reported on Monday. In particular, the company is eyeing a big expansion of its power network and automation businesses.
German engineering group Siemens said Tuesday it has won a contract that could be worth some €600 million ($790 million) to supply 258 wind turbines to a US power company.
French engineering giant Alstom failed Friday in a court bid to prevent cross-Channel train operator Eurostar from buying trains made by its German rival Siemens in a deal worth €600 million.
German engineering group Siemens said Thursday it has been awarded a $466-million contract to build 70 electric locomotives for US rail company Amtrak's busy northeastern routes.
German companies have contributed some $1.7 million to candidates and parties running for the upcoming US midterm elections, with pharmaceutical company Bayer donating the most cash, a media report said on Friday.
French engineering giant Alstom is suing to block cross-channel rail company Eurostar from buying trains made by its German competitor Siemens, an Alstom spokeswoman said Wednesday.
A German high-speed train entered the Channel tunnel between France and England for the first time Wednesday on a test run aimed at breaking French-built trains' monopoly on the route.
German firm Siemens has scored a victory over a French rival with European railway operator Eurostar announcing Thursday it had ordered 10 high-speed Siemens trains.
Germany's Siemens said Tuesday it has won two orders in the United States and Canada to supply wind turbines that experts said were worth around €800 million ($1.1 billion).
Industrial giant Siemens said on Wednesday that it would cut 2,000 jobs in its German IT solutions and services (SIS) unit, part of a broader programme initially unveiled in March.
German industrial group Siemens said Friday that it has resumed full-time work schedules at German sites owing to a pick-up in demand, following the lead of the auto industry.
German Chancellor Angela Merkel on Friday prodded China to ease access to its markets, as the world's top two exporting nations signed a series of deals reportedly worth several billion dollars.
German engineering giant Siemens on Thursday signed deals worth several billion euros for the supply of trains and wind turbines to Russia, as the country embarks on a drive to modernise its outdated economy.
German industrial group Siemens has won a major contract from Russian Railways to be signed during a visit by Chancellor Angela Merkel this week, government sources in Berlin said Tuesday.
An Erlangen professor was killed when he crashed a replica vintage Siemens electric car this week in the Black Forest, but the cause of the accident remains a mystery, a media report said on Wednesday.
In the wake of major corporate restructuring, German engineering conglomerate Siemens is planning a new Munich headquarters that the industrial giant hopes will revitalise its image as well as an entire city block.
German companies Siemens, RWE and SWE are teaming up to build the world’s largest wind park off the coast of Wales in the Irish Sea, they announced together on Friday.
A multi-billion-euro IT project created especially for the German military by electronics company Siemens and computer firm IBM could likely flop, a media report said on Tuesday.
A court handed two former Siemens executives suspended sentences and hefty fines Tuesday for their part in a corruption scandal that engulfed the German industrial giant in 2006.
