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Home » News » Wind Energy » Siemens Gamesa Unveils Ambitious Cost-Cutting Plan Targeting $436 Million Amid Wind Division Challenges
Wind Energy

Siemens Gamesa Unveils Ambitious Cost-Cutting Plan Targeting $436 Million Amid Wind Division Challenges

By Michelle AdkinsNovember 21, 20232 Mins Read
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Credit: Siemens Gamesa
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Siemens Gamesa has unveiled a comprehensive cost-cutting strategy, aiming to reduce expenses by approximately 400 million euros ($436 million) by 2026. This strategic move was presented during the much-anticipated capital markets day on Tuesday, where the company outlined its plan to simplify its organizational structure and optimize overhead costs. The focus of the cost-cutting initiative

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Previous ArticleGrenergy Unveils Ambitious $2.8 Billion Plan to Double U.S. Solar Projects Pipeline
Next Article Nigeria and Germany Forge Economic Bonds with $500 Million Renewable Energy Pact

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