Siemens Energy Powers Up Grid Business,10,000 New Hires Fuel Growth Plan: Report
Portfolio Pulse from Lekha Gupta
Siemens Energy AG plans to hire over 10,000 new employees to boost its electricity grid business, aiming for significant growth over the next six years. The company is investing €1.2 billion in capital expenditures to expand manufacturing capacity in the U.S., Europe, and Asia.
July 02, 2024 | 11:43 am
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Siemens Energy AG is planning to hire over 10,000 new employees and invest €1.2 billion in its grid business, aiming for significant growth over the next six years.
The significant hiring and investment plans indicate a strong growth trajectory for Siemens Energy's grid business, which is expected to positively impact the company's revenue and market position.
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