Siemens provides illumination in the energy sector

The conglomerate Siemens monitored with a view of the prospects of its energy business a brightening. “Our customers are once again investing heavily in new projects and give orders on , “said Wolfgang Dehen , CEO of the energy sector of Siemens AG, on Tuesday at an investor event.

Too much euphoria, but he does not give rise . Thus, not all energy divisions of Siemens reached the end of the valley floor , so Dehen. Overall, the energy market but currently find his ground. “In some areas it expected greater volatility , “added the manager.

For the third quarter of fiscal year 2009/10 ending in September, the Munich – DAX , Deutsche Telekom assumed that the energy sector will exceed the previous year in new orders worth about EUR 6.9 billion .

Courtesy By : business news – Leading Market Information Resource

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