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Siemens Tackles Structural Market Changes, Strengthens Global Competitiveness
November 16, 2017
MUNICH, Nov. 16 -- Siemens issued the following news release:

Siemens is responding to the rapidly accelerating structural changes in the fossil power generation market and the commodity sector. A consolidation plan for the Power and Gas Division (PG), the Power Generation Services Division (PS) and the Process Industries and Drives Division (PD) aims to increase capacity utilization at production facilities, drive efficiency and enhance expertise by bundling resources.

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