Siemens Energy Signs Agreement on Berlin HQ With Local Government
October 13 2020 - 3:58AM
Dow Jones News
By Cecilia Butini
Siemens Energy AG said Tuesday that it has signed a memorandum
of understanding with the Berlin state government for the
development of its corporate headquarters in the German
capital.
Siemens Energy had already announced in September the decision
to establish its headquarters in Berlin, but the specific location
within the city has yet to be decided, it said.
As part of the agreement with the local government, the German
energy company is first considering the creation of office space
close to a gas turbine production site in the city, it said.
"The State of Berlin agreed to support Siemens Energy in
transforming industrial production with the aim of preserving and
expanding future-oriented jobs," the company said.
This will include improving accessibility to the site and
supporting the company in recruitment efforts, Siemens Energy
said.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
October 13, 2020 04:43 ET (08:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Siemens Energy (TG:ENR)
Historical Stock Chart
From Apr 2024 to May 2024
Siemens Energy (TG:ENR)
Historical Stock Chart
From May 2023 to May 2024