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Siemens Energy Moves Its Headquarters To Berlin
The latest Siemens spin-off is moving to the capital. The energy sector, which will be independent in the future, cites the proximity to politics as the main reason. However, individual board members remain at the locations. After all, the company boss should move to the Spree next year.
Yazar: Tom Roberts
Yayınlanma: 25 Eylül 2020 22:44
Güncellenme: 3 Mayıs 2024 06:59
Siemens Energy Moves Its Headquarters To Berlin
The capital Berlin could soon get its third Dax group. As the technology group Siemens announced, the energy subsidiary Siemens Energy, which was released on Friday tomorrow, will have its headquarters in the metropolis. The board decided that after months of discussions and reviews. "As a company, we have to actively and more intensively shape the public and political debate about the energy transition," says CEO Christian Bruch of the "Frankfurter Allgemeine Zeitung". In addition to the federal capital, Munich, Erlangen and Mülheim were examined as potential company headquarters. In the afternoon, the employees and Berlin's Governing Mayor Michael Müller were informed. Bruch said there will only be a very small seat with a slender staff. Central functions would be distributed to different locations, as would the board members. The CEO wants to move to Berlin by early 2021 at the latest. It is estimated that the group management will only have 150 employees. Siemens Energy will be spun off from the Siemens Group tomorrow, Friday, and will be listed on the Frankfurt Stock Exchange for the first time at the beginning of the new week. It is the largest spin-off of a corporate division that has ever occurred in Germany. With a market value of more than 20 billion euros and a high free float of 55 percent, the newcomer could move up to the Dax in September 2021, the newspaper writes. After Deutsche Wohnen and Delivery Hero, Berlin would get another group from the top stock exchange league.İLGİLİ HABERLER
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