Siemens unveils $7.7-bn cost cutting plan

09 Nov 2012

Siemens AG yesterday unveiled a €6-billion ($7.7 billion) cost cutting plan, which includes asset sales and job cuts, in order to compete with rivals amid a deteriorating global economy

Siemens to exit solar thermal, photovoltaics business

22 Oct 2012

Siemens looks to Canada to power future growth

29 Aug 2012

Siemens AG cuts annual profit forecast to €5.4 billion

27 Apr 2012

Diversified German engineering giant Siemens AG has cut its annual profit forecast for the third time in five years with delays in linking off-shore wind parks to Europe’s power grid hindering  its renewable energy initiatives

Siemens launches C$382-mn bid for Canada’s RuggedCom

31 Jan 2012

Siemens Healthcare to acquire healthcare technology company MobileMD

05 Nov 2011

Bosch Siemens Home Appliances to set up base in India, expand business

21 Sep 2011

Bosch Siemens says its products will be placed in the mass premium segment of the market, so as to derive the benefits of both the mass market and demand for product quality.

Siemens AG to exit nuclear business, focus on renewable energy

19 Sep 2011

Siemens AG, Europe’s largest engineering company, yesterday said that it would cease building nuclear power plants globally and focus on renewable energy after the German government decided to phase out nuclear power by 2022

UK unions oppose Siemen's selection for Crossrail project

07 Sep 2011

Bosch, Siemens to set up Rs479 crore manufacturing unit in Tamil Nadu

03 Sep 2011

German home appliances major BSH Bosch, jointly with Siemens Hausgeräte GmbH, plans to invest Rs479.27 crore to manufacture home appliances.

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