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24 Jun 2016
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Mon, Jun 20 2016

BRIEF-Strabag to design and build for Siemens in Switzerland

* To design and build for Siemens in Switzerland using BIM.5D

UPDATE 4-Siemens, Gamesa to form world's largest wind farm business

MADRID/FRANKFURT, June 17 Siemens and Spain's Gamesa agreed on Friday to combine assets to create the world's biggest builder of windfarms, with the German company paying 1 billion euros ($1.1 billion) cash to Gamesa's shareholders to take a majority stake.

Siemens, Gamesa to form world's largest wind farm business

MADRID/FRANKFURT Siemens and Spain's Gamesa agreed on Friday to create the world's biggest builder of windfarms, with the German company paying 1 billion euros ($1.13 billion) for a majority stake in the combined business.

Siemens sees most of synergies from Gamesa deal on cost side

FRANKFURT Siemens said it expected around 70 percent of synergies from its wind power deal with Gamesa to come from cost savings, while the rest will be derived from revenue synergies.

Gamesa says no deal yet with Siemens on wind energy merger

MADRID/FRANKFURT Spain's Gamesa said it has not reached any deal with Germany's Siemens on a planned merger of their wind energy businesses and negotiations remained open.

UPDATE 1-Gamesa says no deal yet with Siemens on wind energy merger

MADRID/FRANKFURT, June 15 Spain's Gamesa said it has not reached any deal with Germany's Siemens on a planned merger of their wind energy businesses and negotiations remained open.

BRIEF-Siemens and Gamesa Corporacion close to announcing an deal to combine their wind-power activities- WSJ

* Siemens and Gamesa Corporacion are close to announcing an anticipated deal to combine their wind-power activities- - WSJ, citing sources

ABB hires ex-Siemens man to lead automation division

ZURICH Switzerland's ABB Ltd has hired a former Siemens executive to run a division that makes robots, motors and generators and whose profit margins have shrunk for five straight quarters amid sluggish demand for its products.

UPDATE 3-ABB hires ex-Siemens man to lead automation division

ZURICH, June 13 Switzerland's ABB Ltd has hired a former Siemens executive to run a division that makes robots, motors and generators and whose profit margins have shrunk for five straight quarters amid sluggish demand for its products.

ABB poaches Siemens exec in shake-up at robotics division

ZURICH, June 13 ABB Ltd poached a Siemens executive as it shakes up its automation division, where profit margins have shrunk amid sluggish demand for the unit's motors, drives and factory robots.

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