MADRID, 27 Oct. (EUROPA PRESS) -
Siemens Gamesa is studying the possibility of selling two business lines, Gearbox (dedicated to the manufacture of gearboxes) and Electric (specialized in the area of electricity), although it has not yet made a final decision in this regard, they informed Europa Press in industry sources.
It so happens that these two business lines, which manufacture components for wind turbines, bring together a total of eight production plants in Spain (five Gearbox and three Electric), in addition to having a presence in other countries such as India , China and Brazil. In total, it is estimated that these areas employ more than 1,400 people, the majority in Spain, according to Bloomberg.
The company, which avoided commenting on the matter, constantly reviews the assets it owns and the possibilities of each one of them and in the case of Gearbox and Electric it is analyzing whether it is interested in keeping the activities of both firms within the parent company or if chooses to outsource the production of these components for the 'nacelles'.
The sources consulted by Europa Press pointed out that no decision has yet been made on the possible sale of said assets, although they stressed that, in the event that this process begins and a buyer is found, a commitment to continuity would be required. and business growth, guaranteeing employment in the factories.
In addition, in this hypothetical case of sale of the assets, a contract would also be signed for the supply of components from the eight Gearbox and Electric factories in Spain to Siemens Gamesa, which assembles said parts at its turbine factory in Ágreda (Soria).
They also stressed that Siemens Gamesa is studying the possibility of divestment of Gearbox and Electric, two businesses that are profitable and that are in an "attractive" sector such as wind power.
Siemens Gamesa currently has the Mistral plan underway, with which it plans to reduce costs, overcome the 'bottlenecks' and the rise in raw materials and return to profitability. Within the framework of this plan, it plans to cut 2,900 jobs worldwide, of which 475 correspond to Spain.
In addition, it is expected that before the end of the year Siemens Energy, which owns 67% of Siemens Gamesa's shareholding, materializes the delisting takeover bid it has launched for the subsidiary, which would be delisted from the stock market.
