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Gazprom: Siemens Energy ready to repair Nord Stream 1 ‘but no room for work’

Russia's Gazprom said today that Siemens Energy was ready to help repair damaged equipment for the Nord Stream 1 gas pipeline, but there was nowhere available to carry out the work, Reuters reports. In a statement, Gazprom...

Siemens: Russia and Siemens Energy led to Q3 losses

Siemens reported quarterly losses for the first time in the last 12 years between April and June, despite strong demand from the industrial sector, thanks to the blow it suffered from its investment in Siemens Energy...

Siemens Energy says it will deliver the turbine for Nord Stream to Russia as soon as possible

Siemens said today that Canada's decision to allow a turbine from its Canadian workshop to be shipped to Germany was a necessary first step in its return to the company that runs the pipeline and that...

Siemens Energy: Proposal for the acquisition of Siemens Gamesa for 4.06 billion euros (upd)

LAST UPDATE 09:59 Siemens Energy announced a proposal to acquire the existing shares of Siemens Gamesa Renewable Energy, for 4.06 billion euros or 18.05 euros per share. Siemens Energy already owns 67% of Siemens Gamesa and stressed that...

Siemens Energy: Will offer 18.05 euros per share for the full acquisition of Gamesa

Siemens Energy will buy the shares of Siemens Gamesa Renewable Energy, which it does not already own, a long-awaited step in its efforts to reverse the problematic situation in the Spanish wind turbine manufacturer, as reported...

Siemens Energy: Revises estimates for the year after losses in the second quarter

Siemens Energy announced that it is re-evaluating its estimates for the whole year after the publication of losses in the second quarter, along with the profit warning for its subsidiary, Siemens Gamesa Renewable Energy. The war in...