The Siemens boss started the “Marco Polo” project.
(Photo: Lennart Preiss/Siemens AG)
Berlin, Munich, Dusseldorf Regardless of the sharp criticism of German companies’ investment plans in China, Siemens intends to continue expanding its business in the People’s Republic. It is true that no sub-areas are to be completely relocated for the time being. But of all things, the “digital industries” area, the most important and sensitive sector with industrial software and factory automation, is to be geared even more closely to China.
According to Handelsblatt information from corporate circles, CEO Roland Busch has set up a project specifically for the project. This involves massive investments in China and the development of new functions there.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue