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ENR Siemens Energy AG

23.82
-0.04 (-0.17%)
14:59:02 - Realtime Data
Share Name Share Symbol Market Type
Siemens Energy AG TG:ENR Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.17% 23.82 23.82 23.84 24.40 23.78 24.00 274,976 14:59:02

Siemens Energy Isn't Seeking Cash Injection From German Government, Welt am Sonntag Reports

30/10/2023 8:49am

Dow Jones News


Siemens Energy (TG:ENR)
Historical Stock Chart


From Jun 2023 to Jun 2024

Click Here for more Siemens Energy Charts.

--Siemens Energy's talks with the German government are about guarantees, not a cash injection, supervisory board Chairman Joe Kaeser said in an interview, according to German newspaper Welt am Sonntag.

--"The company clearly doesn't need any money from the state," Kaeser said, according to the news outlet.

--Kaeser said the company's wind-turbine unit Siemens Gamesa is facing significant problems and confirmed management's commitment to addressing the issues, the newspaper reports.

--Siemens Energy shares plummeted last week after it said was seeking German government guarantees to ensure viability of long-term projects.

 

Full story in German: http://bit.ly/40k5TMq

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

October 30, 2023 04:34 ET (08:34 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Siemens Energy Chart

1 Year Siemens Energy Chart

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1 Month Siemens Energy Chart