Siemens Gamesa Renewable Energy SA (SGREN.MC)
15 Dec 2017
Tue, Nov 28 2017
* Vattenfall aims for 7 gigawatts (GW) wind capacity by 2025 (Adds detail, context)
FRANKFURT, Nov 28 Sweden's state-owned Vattenfall has sealed an offshore wind turbine deal with Siemens Gamesa involving 113 turbines to be delivered for installation at three Danish projects with a total power capacity of 950 megawatt (MW), it said on Tuesday.
FRANKFURT Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables.
MUNICH German engineering company Siemens reported a worse than expected 10 percent drop in quarterly industrial profit and signaled a tough year ahead as it restructures its turbine and wind power businesses. | Video
BERLIN Siemens Gamesa said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year.
BERLIN, Nov 6 Siemens Gamesa said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year.
FRANKFURT/MADRID Siemens Gamesa has fallen behind biggest rival Vestas in the race for orders in the United States, hurt by a perceived lack of technology investment and a less centralized supply chain in the world's second-biggest wind turbine market.
* Vestas shares up 25 pct in 2017, Siemens Gamesa down 30 pct
FRANKFURT Siemens Gamesa, the world's second-largest maker of wind turbines, has won an order to supply one of Europe's largest onshore wind projects, it said on Thursday.
MADRID Spanish utility Iberdrola used its influence to change the management of Siemens Gamesa on Friday after the wind-power joint venture suffered two profit warnings in less than three months.