Siemens Energy to Launch Omterra Brand, Uniting with Siemens Gamesa
Siemens Energy Announces Rebranding and Strategic Transition
Background of the Rebranding Initiative
DUESSELDORF, July 14 (Reuters) - Siemens Energy started preparing for the transition to an independent brand, the German energy provider said on Tuesday, with the current entities Siemens Energy and Siemens Gamesa Renewable Energy to be united under the name Omterra.
Reason for the Change
The move is based on the time-limited license agreement governing the use of the brand following its spin-off from Siemens AG in 2020, the company said in a statement.
Implementation Timeline
Stages of the Rebranding Process
"The rebranding process is scheduled to begin later this calendar year and will be implemented in stages," it said.
Impact on Stakeholders
Assurances for Customers and Partners
Strategic Direction Remains Unchanged
There will be no changes for customers, business partners, and employees to the company's strategic direction, it added.
(Reporting by Tom Kaeckenhoff, Writing by Linda Pasquini, Editing by Matthias Williams)



