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European Energy pays for good timing

An existing bond loan will be redeemed at a premium price by European Energy, but the company is not guaranteed any big savings. It is a matter of timing, explains the CEO.

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Siemens Gamesa merger has incited major internal unrest

The large-scale merger of Spain's Gamesa and Danish-German Siemens Wind Power has become a thorn in the side of many employees at the new wind turbine major. Internal power struggles and large cultural clashes mean that employees are looking to leave the company after what they call a chaotic marriage between the two firms.

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