This is how things continue after the billion dollar shock from Gamesa

Munich, Dusseldorf, Frankfurt The shock for investors, supervisory boards and employees was great: Because of quality problems at the wind power subsidiary Gamesa, which cost billions, Siemens Energy had to cash in on its yield forecast. The share price of the Dax group collapsed by 35 percent on Friday.

Supervisory boards are now demanding comprehensive information about the problems at Gamesa. Inspectors were also surprised by the ad hoc message and the magnitude of the problems, according to the panel. CEO Christian Bruch must explain exactly how big the problems are and how they are to be solved. The workers were also worried.

In the environment of the company it was said: “Now everything is going to be put to the test.” According to estimates in supervisory board circles, an integrated energy technology group without the business with renewable energies is difficult to imagine. Siemens Energy boss Christian Bruch also emphasized on Friday: “I believe in a positive wind business.” In his opinion, the problems can be solved. Felix Schröder from Union Investment demanded: “There must be no taboos now.”