gary in government trying to silence journalists to ask about. this is the business. siemens has posted its fourth quarter figures on thursday duster electronics medical equipment trains and power plants as represent as almost everywhere in the world which makes the company vulnerable to geopolitical risks by trade wars or economic sanctions according to the past fiscal year has been a mixed bag of success and failure for the company. siemens is no longer profits. from its power plant division in fact it s started to lose money thousands of jobs have been slashed the power and gas branch is being restructured which is expensive and says de siemens announced a forty six percent slump in fourth quarter profits our own gas just by doing the power and gas market is very challenging the skipper there are structural over
director of the international press institute in vienna we appreciate you joining us and sharing your insights with us. and i am going to hand you over now to helena because a big name a german company puts in an underwhelming performance there we re talking about siemens it s not exactly yes spock when we take a look at those results the industrial powerhouse posting its fourth quarter figures on thursday of course the group makes industrial electronics medical equipment trains power plants you name it and it does business everywhere making it especially vulnerable to geopolitical risks not surprisingly the past quarter has been a mixed bag. siemens is no longer profiting from its power plant division which has now started to lose money thousands of jobs have been slashed as the company s power and guess division is restructured itself an expensive undertaking siemens that now says profits for the last quarter slumped forty six percent our own gas is
steakhouse downtown. he wants to serve real people with budgets and baby-sitters. most people in my in the business. you are excluding people from enjoying what you do. it really isn t hospitality. chris: are you against making money? no, we do quite well in a small way but money, the bottom line has never been that. chris: in fact he has been known thrown people out of their restaurant if they insult his staff. which brings to us what is his bottom line, on full display. how much of a gamble is it opening this kind of restaurant in this neighborhood? financially it s a big risk. he was prepared to lose money thousands of dollars a month indefinitely. whichever it makes it sweeter it s already turning a small profit. the excitement what i am
steakhouse downtown. he wants to serve real people with budgets and baby-sitters. most people in my in the business. you are excluding people from enjoying what you do. it really isn t hospitality. chris: are you against making money? no, we do quite well in a small way but money, the bottom line has never been that. chris: in fact he has been known thrown people out of their restaurant if they insult his staff. which brings to us what is his bottom line, on full display. how much of a gamble is it opening this kind of restaurant in this neighborhood? financially it s a big risk. he was prepared to lose money thousands of dollars a month indefinitely. whichever it makes it sweeter it s already turning a small profit.
steakhouse downtown. he wants to serve real people with budgets and baby-sitters. most people in my in the business. you are excluding people from enjoying what you do. it really isn t hospitality. chris: are you against making money? no, we do quite well in a small way but money, the bottom line has never been that. chris: in fact he has been known thrown people out of their restaurant if they insult his staff. which brings to us what is his bottom line, on full display. how much of a gamble is it opening this kind of restaurant in this neighborhood? financially it s a big risk. he was prepared to lose money thousands of dollars a month indefinitely. whichever it makes it sweeter it s already turning a small profit.