Power Machines exits Siemens joint venture Siemens Gas Turbines Technologies

Power Machines (Silowyje Maschiny) exercised its option to sell its 35% stake in the Siemens Gas Turbines Technologies (SGTT) joint venture with Siemens, ending the nine-year partnership. Negotiations on the buyout sum are ongoing.

“Power Machines hat bisher 35 Prozent der Anteile gehalten.”handelsblatt.com

• 1 source
• handelsblatt.comSiemens auf Partnersuche in RusslandAndré BallinMar 2, 2020

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