Siemens is well placed to adapt business in US: CEO


  • TECH
  • Monday, 28 Nov 2016

Siemens CEO Joe Kaeser gestures during the annual news conference in Munich, Germany November 10, 2016. REUTERS/Michaela Rehle

FRANKFURT: German trains-to-turbines group Siemens is well placed to do business in the United States, regardless of whether President-elect Donald Trump backs fossil-fuels at the expense of renewable energy, its CEO told a newspaper. 

"The good thing is that we can offer everything. Steam power plants that are powered by coal, state-of-the-art gas-fired power plants, wind energy, we can build solar parks and the necessary link to the power grid," Joe Kaeser told Frankfurter Allgemeine Zeitung (FAZ) in an interview. 

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