Monday, November 8, 2010

Alternative Energy - Loescher Expects Surge in Siemens Green Technology Sales


Nov. 8 (Bloomberg) -- Siemens AG Chief Executive Officer Peter Loescher talks about the company's prediction for green technology sales. Siemens aims to grow revenue from solar equipment, wind turbines and other energy saving products to 40 billion euros ($55 billion) by 2014 compared to 28 billion euros in the fiscal year through September. Loescher speaks from Munich with Mark Barton on Bloomberg Television's "Countdown."

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