Deutsche Welle, Germany, 18 September 2011, The head of German engineering and industrial giant Siemens, Peter Löscher, has said in an interview that his company is to withdraw entirely from the nuclear industry.
In an interview with German news magazine Der Spiegel, Siemens Chief Executive Peter Löscher said his company is turning the page on nuclear energy.
"The chapter for us is closed," Löscher said, announcing that the firm will no longer build nuclear power stations. "We will no longer be involved in managing the building or financing of nuclear plants," he said.
A long-planned joint venture with Russian nuclear firm Rosatom would also be cancelled, although Löscher said he would still seek to work with their partner "in other fields." Read More from DW
(Source : Deutsche Welle, Germany)
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