Kremlin blocks Siemens purchase

Article Abstract:

Siemens AG of Germany has been blocked from acquiring OAO Power Machines of Russia on grounds of unfair competition by Russian authorities. The German electronics company could have been involved in defense contracts and had access to state secrets. There is concerns of a Cold War technocracy amidst a tightening of control by Russian authorities over vital business interests and reflection on foreign investment.

Acquisitions & mergers, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Russia, Antitrust Law, Interpretation and construction, Economic aspects, Mergers, acquisitions and divestments, Company acquisition/merger, Political aspects, Antitrust issue, Power Machines

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Siemens's elder statesman: CEO Heinrich von Pierer holds sway in business -- and politics

Article Abstract:

Heinrich von Pierer, CEO of Siemens AG, has become a highly influential advocate of corporate Germany's agenda to overhaul the country's labor and welfare policies.

Executive changes & profiles, Evaluation, Officials and employees, Beliefs, opinions and attitudes, Chief executive officers, von Pierer, Heinrich

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Siemens plays the marketing game: once-staid company finds sponsoring sports teams boosts image world-wide

Article Abstract:

The article details the significant investment Siemens has made in sports team sponsorships and a rise in the company's marketshare.

Marketing procedures, Marketing, Company marketing practices

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