GE Interested in German Offshore Wind, Eastern Europe
General Electric, fresh from taking on the offshore wind business of rival Alstom, is positioning itself in Germany's expanding offshore wind sector and looking at eastern Europe. "German offshore wind has become very important for us," Carlos Haertel, chief executive for GE Germany & Austria, told Reuters in an interview. "Onshore wind in eastern Europe and the Balkan countries is currently interesting, especially in Poland and Romania," he said. GE, the world's third-biggest wind turbine manufacturer by market share after Denmark's Vestas and China's Goldwind…
Draegerwerk to Buy Norwegian Gas Sensor Maker
German medical technology group Draegerwerk said on Tuesday it had agreed to buy GasSecure, a Norwegian maker of wireless gas detectors, for between 55 million and 60 million euros ($59.2-64.6 million). Draegerwerk said it was buying the shares from venture capital companies and GasSecure employees. It said GasSecure's wireless technology, geared among other toward the oil and gas sectors, had advantages over competitors' products which it said still relied on wireless data transfer and needed a conventional power supply connected with wires due to the relatively high energy consumption of optical sensors. Reporting by Maria Sheahan
