9 articles
Siemens executive Cedrik Neike announced plans to raise factory automation levels to 70%-80% using AI and digital twins, investing €500 million in the Erlangen plant to enhance productivity.
Siemens invested over $100 million in Estonia’s Skeleton Technologies, valuing it over $1 billion and securing exclusive rights to sell its energy-storage technology for AI data centers. The deal supp
Bankers are arranging up to €7 billion in debt financing to support the potential sale of Siemens Energy’s steam turbines business to private equity firms. The division could be valued at over €10 bil
European governments plan €500 billion in climate-resilient infrastructure spending, driving demand for industrial equipment and energy grids. Major players like Schneider Electric and Siemens are pos
Brazil's largest thermal power plant, GNA II, halted operations on August 10 following a steam turbine circuit breaker failure. The 1.7-gigawatt facility, owned by a BP-Siemens-SPIC joint venture, rep
Germany considers €300 million in loan guarantees for a Siemens-led consortium to build an offshore wind converter platform in the Baltic Sea, aiming to counter Chinese dominance in renewable infrastr
Fluence Energy shares rose over 40% following a collaboration with Nvidia and Siemens to design AI data centers utilizing its battery storage systems.
Germany's Q1 GDP grew 0.3% driven by exports, though energy prices remain high due to Middle East tensions. Major industrial firms like Thyssenkrupp and Siemens adjusted forecasts amidst economic unce
Siemens announced a shareholder vote scheduled for February 2027 to approve the spin-off of its subsidiary Siemens Healthineers, following progress in separation and regulatory processes.
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