The re-orientation of Siemens' activities may not go ahead as hoped. The cession of the German company's household appliances sector to Bosch, and the purchase of the American rotating equipment manufacturer Dresser-Rand, announced in September 2014, show that Siemens is redirecting its activities towards energy.
This transaction, worth €5.8 billion at the time it was proposed, would allow the company to benefit from the boom in shale gas production in the United States, since Dresser-Rand's equipment is used in the…