Siemens announces exit from nuclear industry

Posted on 19 Sep 2011 by The Manufacturer

German engineering group Siemens has announced its withdrawal from the nuclear industry, bringing an end to the construction of new plants in many different countries, while reaffirming its commitment to renewable energy.

As well as the cancellation of projects in Germany, Siemens has said that it has cancelled a long-planned contract with Russian nuclear firm Rosatom, stating its commitment to the German government’s decision to halt the construction of all nuclear plants. A Siemens spokesperson said in a statement that “The chapter for us is closed”, and…

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