Financial Times FT.com

Siemens expects boost to green sales

By Daniel Schäfer in Frankfurt

Published: March 23 2009 18:50 | Last updated: March 23 2009 18:50

Siemens, on Monday, said it expected a boost to its plans to increase the share of “green product” sales, thanks to worldwide government programmes which are designed to mitigate the global recession.

Peter Löscher, chief executive, told the Financial Times that Europe’s largest engineering group expected to get a stimulus for such products from various state-sponsored schemes.

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