Siemens Energy to become 'Omterra' in rebrand launch

Siemens Energy started preparing for the transition ​to an independent brand, ‌the German energy provider said on Tuesday, with the ​current entities Siemens Energy ​and Siemens Gamesa Renewable Energy ⁠to be united under ​the name Omterra.

The move is ​based on the time-limited license agreement governing the use of ​the brand following its ​spin-off from Siemens AG in 2020, ‌the ⁠company said in a statement.

"The rebranding process is scheduled to begin later this ​calendar year ​and ⁠will be implemented in stages," it said.

There ​will be no ​changes ⁠for customers, business partners, and employees to the company's ⁠strategic ​direction, it added.

-Reuters