MUNICH (dpa-AFX) - The energy technology group Siemens Energy is taking the next step in the restructuring of its struggling wind power division Siemens Gamesa. The company has launched a comprehensive package of measures designed to return the wind subsidiary to profitability by 2026, as the company announced in Munich on Wednesday. There will be a change at the top of the wind turbine manufacturer: Jochen Eickholt will hand over the CEO position to Vinod Philip on August 1 and will leave after a transition phase on September 30. The 62-year-old took over the helm of the loss-making wind subsidiary around two years ago.

Gamesa will remain in the business with both land turbines (onshore) and marine turbines (offshore), Siemens Energy announced. The onshore business, which has been in crisis for years, will in future concentrate on the core markets of Europe and the USA. Other local markets will only be served in new business if this "makes economic sense in the respective case", it said. In this context, Siemens Gamesa intends to reduce capacities. In offshore, on the other hand, the Siemens Energy subsidiary will continue to concentrate on ramping up its capacities. Gamesa also intends to combine the responsibilities for the new turbine and service business in future.

In addition, a new organizational model will eliminate hierarchical levels, among other things. This will also entail job cuts. Gamesa intends to absorb as many of the planned job cuts in the affected areas as possible through internal job transfers. The exact impact of the job cuts, including on individual countries and locations, cannot yet be quantified. In the course of the change of CEO, Eickholt and Philip will finalize the individual measures in the coming weeks and discuss and negotiate them with the respective employee representatives over the next few months, according to Siemens Energy./nas/zb/he