Electronic World

Tuesday, October 03, 2006

Siemens to set up fund for ex-unit

Siemens to set up fund for ex-unit
By Mike Esterl
The Wall Street Journal Europe
03 Oct 2006

MUNICH— Siemens AG of Germany said it will create a OE35 million ($44.5 million) fund to benefit workers of a unit that the engineering giant no longer owns, in an unusual move to quiet a spreading political firestorm on its home soil. The company said... read more...

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