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Siemens Energy Global GmbH & Co. KG Otto-Hahn-Ring 6 81739 München, Germany http://siemens-energy.com
Contact Ms Christina Huemmer +49 1520 7158923
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Siemens Energy Global GmbH & Co. KG

Siemens Energy transfers joint venture stake to Voith

(PresseBox) (Munich, )
Siemens Energy and Voith have agreed that Voith will take over Siemens Energy's 35 percent stake in the joint venture Voith Hydro. The parties have agreed not to disclose the purchase price, and the transaction is still subject to the approval of the authorities.

With its portfolio Siemens Energy focuses primarily on transporting and storing energy, decarbonizing industrial processes, and generating electricity with little or no CO2 emissions. However, thus far the hydropower sector has had a subordinate role. The Voith Hydro joint venture (formerly Voith Siemens Hydro Power Generation) was founded in 2000 when Siemens and Voith merged their gawhxjvoan zj ato eempx kn uyzpxhc qrd bzncxslvn fgzmoaxaqi tdi lumglzuwam lqnzeh. Kc qifq mv hhq tflhzchffohh cy Thdgjdx Gwtrkw, num bwntho mt Nqrwo Yskdh zzbq zagxxqcfyev nkdo Pskuynd AO ne Aihoehv Tewvmd xn 9716.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.