Siemens and Power Machines plan Russian gas venture
Frankfurt (AFP) Aug 1, 2011 - The German industrial group Siemens said Monday it will form a joint venture focused on gas turbines with the Russian firm Power Machines, as Siemens moves away from nuclear energy activities. A Siemens statement said it would own 65 percent of a joint entity, and would in exchange give back a stake of 25 percent plus one share that it owns in Power Machines to the firm's dominant shareholde ... more
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
No comments:
Post a Comment