About: Siemens
Katainen ‘open’ to consider tweaks to competition policy
European Commission Vice-President Jyrki Katainen told journalists on Tuesday that he would be “open” to consider changes to update competition law in order to cope with the strong competition of US and China firms, but discarded reforming “entirely” antitrust rules as they worked “well”.
19 EU countries call for new antitrust rules to create ‘European champions’
A total of 19 EU governments have proposed updating the EU’s antitrust rules in order to facilitate the emergence of European industrial giants able to face “fierce competition” from the US and China.
Alstom, Siemens merge to create new European rail champion
The maker of France's TGV trains announced Tuesday (26 September) a "merger of equals" with German industrial leader Siemens in a giant and politically tricky deal to create a new European rail champion.
Russian court rejects Siemens’ plea to seize its turbines in Crimea
A Moscow court has rejected a request by Siemens to seize its gas turbines, which have turned up in Crimea contrary to EU sanctions, and to ban their installation ahead of preliminary hearings next month, the court's ruling showed on Sunday (20 August).
EU sanctions Russian deputy minister over Siemens turbines to Crimea
The European Union on Friday (4 August) imposed sanctions on three more Russians, including Deputy Energy Minister Andrei Cherezov, and three Russian companies over the delivery of Siemens' turbines to Moscow-annexed Crimea.
Siemens turbines cause whirlwinds in Crimea
A firm part-owned by German firm Siemens was preparing to install electricity turbines in Crimea despite prohibitive EU sanctions. The issue was brought to the attention of Brussels and Siemens on Monday (10 July).
Osborne makes Berlin Brexit negotiation plea
British Chancellor George Osborne took the UK’s argument for a renegotiated relationship between his country and the EU to the capital of the continent’s strongest economy on Tuesday – promising to back a stronger eurozone if London’s conditions were met.
NGO: German firms mired in worst Greek corruption scandals since WWII
Siemens, Daimler, and Rheinmetall have been mired in cases of alleged corruption in Greece, the country that Berlin has repeatedly admonished for the parlous state of its economy.
Germany voices support for Siemens-Alstom deal
The German government voiced support on Monday for a deal between Siemens and France's Alstom, saying mooted plans for a swap of energy and rail assets could offer "great opportunities" for both countries.