Siemens to Open 'Innovation Campus' for Hydrogen Technology -Handelsblatt

Date : 07/10/2019 @ 12:57PM
Source : Dow Jones News
Stock : Siemens AG (SIE)
Quote : 117.78  -0.1 (-0.08%) @ 4:34PM
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Siemens to Open 'Innovation Campus' for Hydrogen Technology -Handelsblatt

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--Siemens plans to open an "innovation campus" for hydrogen technology in Goerlitz, Saxony in the next few years, German business newspaper Handelsblatt reports, citing unidentified sources.

--The German industrial company previously considered closing its plant in Goerlitz but abandoned the plan after protests, according to Handelsblatt.

--Siemens' CEO Joe Kaeser will unveil a detailed plan for the site next Monday and will be joined by German chancellor Angela Merkel and minister president of Saxony Michael Kretschmer, the magazine reports.


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(END) Dow Jones Newswires

July 10, 2019 08:42 ET (12:42 GMT)

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