Siemens eyes 46 billion euros in green sales


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Siemens aims to generate sales of more than 40 billion euros US $56 billion from its green technologies and products by 2014, Europe's biggest industrial conglomerate said.

It said revenue from environment portfolio was around 28 billion euros in its fiscal year to Sept 30, 2010 compared with slightly less than 27 billion euros the year before.

A bellwether of the euro zone's largest economy, Siemens has achieved earlier than planned its original target of generating green revenue of at least 25 billion euros in 2011.

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