CSA Z462 Arc Flash Training – Electrical Safety Compliance Course
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 6 hours Instructor-led
- Group Training Available
In the second quarter ending in June, new orders in the industry division grew by 10 percent compared with the previous year. The industry division is Siemens' biggest unit by sales.
"We know, we will not see these growth rates again in the next quarters," Heinrich Hiesinger told "Euro am Sonntag".
Currently the situation in regard to new orders was positive despite pessimistic economic news, the paper quoted him as saying.
Engineering group Siemens is due to report third quarter results on July 30.
In a separate interview with German daily Berliner Zeitung, Hiesinger said Siemens could enter the automotive market again if there was demand for some of its components such as electric motors.
But Siemens would not set up an automobile unit of its own again, Hiesinger was quoted as saying.
Last year, Siemens sold its automotive business VDO to tire maker Continental.
Related News
Ford announces an all-electric Transit cargo van
Analysis: Why is Ontario’s electricity about to get dirtier?
Power firms win UK subsidies for new Channel cables project
Electricity Payouts on Biggest U.S. Grid Fall 64 Per Cent in Auction
Severe heat: 5 electricity blackout risks facing the entire U.S., not just Texas
Paris Finalises Energy Roadmap for 2025–2035 with Imminent Decree
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue