Siemens Energy Isn't Seeking Cash Injection From German Government, Welt am Sonntag Reports
30 10월 2023 - 5:49PM
Dow Jones News
--Siemens Energy's talks with the German government are about
guarantees, not a cash injection, supervisory board Chairman Joe
Kaeser said in an interview, according to German newspaper Welt am
Sonntag.
--"The company clearly doesn't need any money from the state,"
Kaeser said, according to the news outlet.
--Kaeser said the company's wind-turbine unit Siemens Gamesa is
facing significant problems and confirmed management's commitment
to addressing the issues, the newspaper reports.
--Siemens Energy shares plummeted last week after it said was
seeking German government guarantees to ensure viability of
long-term projects.
Full story in German: http://bit.ly/40k5TMq
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
October 30, 2023 04:34 ET (08:34 GMT)
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