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Siemens Gamesa Gets Order To Supply Wind Turbines In Morocco With 301 MW Total Capacity
Siemens Energy has no plans to change Siemens Gamesa stake-CEO
Siemens Gamesa To Supply Wind Turbines With 325 MW Capacity For Texas Wind Farms
Siemens Gamesa Renewable Energy SA, formerly Gamesa Corporacion Tecnologica SA, is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines. Its activities are divided into two business segments: Wind Turbines and Operation and maintenance (O&M). The Wind Turbines division offers wind turbines for various pitch and speed technology, as well as provides development, construction and sale of energy plants. The O&M division is responsible for the management, monitoring and maintenance of wind farms. In addition, through Gamesa Electric, the Company develops electronic equipment, such as power station inverters, electrical system components, motors and generators, as well as drives and converters. It operates through numerous subsidiaries in Spain, Brazil, Mexico, India, China and the United States, among others.
Misc. Capital Goods
Parque Tecnologico de Bizkaia
Miguel Angel Lopez
Chairman of the Board
Chief Executive Officer, Executive Director
Interim Chief Financial Officer
Service Chief Executive Officer
Chief Executive Officer, New Onshore Business
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Siemens Energy has raised its savings target in an effort to raise profit margins only weeks before it will be spun off from parent Siemens and gain its own stock market listing.
Wind turbine maker Siemens Gamesa <SGREN.MC> said its profit margins are set to rebound after a slump exacerbated by the pandemic and its onshore unit should break even in 2022, but its short-term targets disappointed financial markets.
Siemens Gamesa <SGREN.MC> named new senior executives on Thursday as the wind turbine maker sought to tackle a coronavirus-driven downturn that has led the group to cut its sales outlook for the year by 1 billion euros (903.7 million pounds).
Wind turbine maker Siemens Gamesa <SGREN.MC> said it had appointed new senior executives on Thursday, hours after posting an operating loss and lowering its financial outlook due to the impact of the coronavirus on already-strained profit margins.
* SAYS THROUGH ONE OF ITS UNITS, HAS RECEIVED A CONDITIONAL ORDER FROM INNOGY SE TO SUPPLY 100 UNITS OF SG 14-222 DD OFFSHORE WIND TURBINES FOR THE SOFIA OFFSHORE WIND POWER PLANT
Wind turbine maker Siemens Gamesa said on Wednesday that Andreas Nauen, head of the company's offshore activities, has been appointed chief executive, with immediate effect, replacing Markus Tacke.
Siemens <SIEGn.DE> stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of its energy business remained on track.
Siemens expects "even stronger impacts" from the coronavirus pandemic in the weeks ahead, it said on Friday as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.
Wind turbine maker Siemens Gamesa <SGREN.MC> said on Wednesday that project delays and supply chain disruptions caused by the coronavirus outbreak would continue to drag on its earnings this year after squeezing profitability in the second quarter.
Wind turbine maker Siemens Gamesa <SGREN.MC> expects a similar level of disruption from the coronavirus outbreak for the rest of the year as the one suffered in the second quarter, its Chief Executive said on Wednesday.
Wind turbine maker Siemens Gamesa expects a similar level of disruption from the coronavirus outbreak for the rest of the year as the one suffered in the second quarter, its Chief Executive said on Wednesday.
Wind turbine maker Siemens Gamesa said on Wednesday that project delays and supply chain disruptions caused by the coronavirus outbreak would continue to squeeze its profitability after squeezing its margin on second-quarter earnings.
* SIEMENS GAMESA ON CORONAVIRUS: COVID-19 IMPACTS COMPANY PERFORMANCE IN Q2 AND FY 2020, SHORT-TERM MITIGATION ACTIONS TAKEN
Siemens Gamesa <SGREN.MC> said it bought Ria Blades, S.A. a business which owns and operates an onshore wind turbine blade production plant in Vagos, Portugal.
* SAID ON TUESDAY IT WITHDREW ITS FINANCIAL GUIDANCE FOR 2020 DUE TO THE UNCERTAINTY ASSOCIATED WITH COVID-19 WHICH IS COMPOUNDING CHALLENGES IN INDIA AND NORTHERN EUROPE
Spain's health minister denied on Tuesday that authorities had requisitioned 2,000 antibody tests which a workers union said Siemens Gamesa <SGREN.MC> had expected to receive to check whether its staff have been infected with the coronavirus.
* SAID ON WEDNESDAY BOARD DECIDED TO CALL OFF THE GENERAL SHAREHOLDER'S MEETING, WHICH WAS SCHEDULED FOR MARCH 26, 2020, ON FIRST CALL
Siemens <SIEGn.DE> came under increased pressure from climate change protesters and its own shareholders on Wednesday over a contract to supply an Australian coal mine, demanding that Chief Executive Joe Kaeser cancel the deal.
Siemens cfo says has no intention to buy futher shares in siemens gamesa (Reporting by John Revill)
Siemens <SIEGn.DE> is buying Iberdrola's <IBE.MC> stake in Siemens Gamesa renewable energy <SGREN.MC>, the German engineering company said, as it prepares to merge the business with its own energy unit ahead of a floatation later this year.
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