Tag: Business organization
Billions in order from Brazil for power plant division
Gas turbine production in Berlin As part of the current job cuts at Siemens Energy, 2,600 jobs will be lost in Germany alone. (Photo: Siemens Energy) Munich Siemens Energy has…
Deutsche Telekom prepares to leave T-Systems
Adel Al-Saleh Under the leadership of the American, T-Systems was massively downsized and a spin-off of the major Telekom subsidiary is now being played out. (Photo: Getty Images) Dusseldorf Deutsche…
Pressure from investors even after moving to London
Shell logo The group flees to Great Britain. (Photo: AP) The oil company Shell leaves the Netherlands and relocates its sole headquarters to London. In Great Britain, the move is…
Siemens is negotiating with bidders about the Yunex traffic light technology division
Munich Siemens is pushing the sale of its traffic light technology division Yunex and, according to financial circles, has selected five bidders who can submit a binding offer until shortly…
Johnson & Johnson wants to split into two companies
Johnson & Johnson logo on the New York Stock Exchange The US company wants to outsource its consumer products business. (Photo: AP) Frankfurt The US pharmaceutical company Johnson & Johnson…
Johnson & Johnson wants to split into two companies
Johnson & Johnson logo on the New York Stock Exchange The US company wants to outsource its consumer products business. (Photo: AP) new York The US pharmaceutical company Johnson &…
Daimler Truck goes public in December
Munich Now it is fixed: In just over a month, the Stuttgart car manufacturer Daimler will split off its truck division and go public in Frankfurt, as the Dax group…
Siemens exceeds profit forecast – net profit increases by 59 percent
Munich Roland Busch chose big words when he presented his first balance sheet as Siemens boss. “It was an outstanding, historic year for Siemens – and not just because of…
Renewable energies spoil Siemens Energy’s balance sheet
Munich, Düsseldorf The red numbers in the business with renewable energies brought the DAX newcomer Siemens Energy losses in its first year as an independent company. In fiscal year 2020/21…
General Electric plans to split into three listed companies
new York Three years after taking up the helm of US industrial giant General Electric (GE), Lawrence Culp seeks liberation. The Siemens rival, with its 174,000 employees and sales of…
General Electric plans to split into three listed companies
new York Three years after taking up the helm of US industrial giant General Electric (GE), Lawrence Culp seeks liberation. The Siemens rival, with its 174,000 employees and sales of…
General Electric plans to split into three listed companies
General Electric Splitting planned: The competitors Philips and, above all, Siemens had already taken similar paths some time ago. (Photo: Reuters) Boston The US industrial giant General Electric, with its…
Profit collapses by more than a fifth
Credit Suisse The bank was able to release provisions for loan losses. (Photo: Reuters) Zurich The major Swiss bank Credit Suisse is restructuring its business and, after the series of…
Shell should give in instead of splitting off
Greenpeace protests against Shell in Rotterdam The British-Dutch oil company is under a lot of pressure. (Photo: AP) Daimler is doing it, RWE has already done it and Siemens has…
Siemens boss Roland Busch swears executives
Roland Busch The management style of the new Siemens boss is well received by large parts of the workforce and investors. (Photo: Reuters) Munich Roland Busch had a drum kit…
Siemens outsources LDA business – 7,000 employees affected
Siemens headquarters in Munich The new CEO, Roland Busch, is tidying up the portfolio. (Photo: dpa) Munich The Siemens group outsources the business with large drives. More than 7000 employees…
Not all spin-offs are a success for shareholders
Frankfurt Stock Exchange on the day Siemens Energy was first listed Siemens listed the wind energy technology subsidiary on September 28th last year. (Photo: Reuters) Frankfurt For several years now,…
Ex-manager Anja-Isabel Dotzenrath becomes a board member at BP
Dusseldorf. Three weeks ago, Anja-Isabel Dotzenrath surprised everyone by saying goodbye to RWE. After just one and a half years, she resigned from the position of head of the future…