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Siemens AG, the biggest engineering company in Europe, on Nov. 8 unveiled a 6 billion-euro ($7.6 billion) savings plan to restore profitability, acknowledging it was slow to react to shrinking demand.

Photographer: Michele Tantussi/Bloomberg

Siemens AG, the biggest engineering company in Europe, on Nov. 8 unveiled a 6 billion-euro ($7.6 billion) savings plan to restore profitability, acknowledging it was slow to react to shrinking demand.
November 13, 2012
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