Siemens ‘will’ increase green revenue over €40bn by 2014


9 Nov 2010

Siemens has announced it intends to exceed €40bn in green technologies revenues by 2014.

The technology company’s targets are based on the previous year’s achievements, which totalled around €28bn with products and solutions from it Environmental Portfolio. This compared to slightly less that €27bn in fiscal 2009.

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“Green innovations are our lifeblood. We want to – and we will – increase our advantage over our most important competitors,” said Barbara Kux, member of Siemens’ managing board responsible for sustainability and the further development of the Environmental Portfolio. 

Siemens’ portfolio contains a number of environmentally sound projects such as building its UK wind turbine factory before 2014 and providing Eurostar with a carbon efficient fleet of greener trains.