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Published in TZ Latest News 21 November, 2015 by The TZ Newswire Staff

Siemens gains control of costly project risks: CFO in paper

Siemens (SIEGn.DE) is getting a grip on problems around big projects that have caused hundreds of millions of euros worth of charges in the past, its finance chief Ralf Thomas told German newspaper Boersen-Zeitung. Transparency of margins and risks in our order book is bigger than ever in the history of Siemens,” Boersen-Zeitung quoted Thomas as saying in an interview published on Saturday.

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