About: http://data.cimple.eu/news-article/47e2e52e19f454572a5cbb24aef1d328169f5171ab0d22f4c3c69aa7

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About: http://data.cimple.eu/news-article/47e2e52e19f454572a5cbb24aef1d328169f5171ab0d22f4c3c69aa7 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Wind turbine maker Siemens Gamesa said it had completed the 200-million-euro ($220-million) purchase of key assets from insolvent German rival Senvion, part of a deal set to secure some 2,000 jobs. In a statement late Thursday, Siemens Gamesa said it had acquired large parts of Senvion's services business across 13 European countries, expanding its geographical reach in a lucrative segment of the wind energy market. The acquisition also covers Senvion's intellectual property, while the purchase of Senvion's Portuguese blade manufacturing factory is in the final stages. Senvion, which went into administration last April, said in October that the deal with Siemens Gamesa would save the jobs of "60 percent" of its workforce, or around 2,000 positions. Siemens Gamesa CEO Markus Tacke on Thursday said the asset purchases would improve the Spanish-German firm's market leading position "at a crucial moment for the wind industry's growth". "The transaction also offers Senvion's customers a long-term solution for their servicing needs, following Senvion's insolvency," Tacke added. Senvion struggled to stay afloat in the face of strong competition from larger rivals and falling government subsidies for renewable energy projects. Siemens Gamesa recently warned that the sector as a whole was going through a period of "strong headwinds" as a result of lower energy prices, rising costs and global trade tensions. mfp/hmn/rl
schema:headline	Siemens Gamesa buys wind turbine assets from Germany's Senvion
schema:mentions	Energy market Intellectual property Wind turbine Renewable energy Wind power Germany Chief executive officer Portugal Senvion Airfoil Siemens Gamesa Insolvency Mark the Evangelist Energy industry
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	86 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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