Siemens Sees $21 Billion Worth of Orders for 2010-2012

More than 40% of orders are for 'green' technologies

Siemens said on June 22 that it expects around 15 billion euros (US$21 billion) in orders worldwide between 2010-2012 thanks to government economic stimulus plans.

Roughly 40% of that figure would concern environmental or "green" technologies, the company said.

Such activities, which range from the production of low-consumption light bulbs to wind turbines, accounted for about 19 billion euros in Siemens' 2007/2008 fiscal year.

In 2011, orders of environment-related products are forecast to climb to 25 billion euros, Siemens said.

Copyright Agence France-Presse, 2009

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish