business
Siemens CEO Discusses EU Regulations and U.S. Investment Changes
Siemens CEO Roland Busch stated that EU regulations on data and AI are prompting investments in the U.S. and China. U.S. policies under President Trump are attracting European companies with tax incentives and deregulation. European officials are addressing these issues through ongoing negotiations on AI and data frameworks.
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Siemens CEO Roland Busch stated in an interview with Bloomberg that investing in China and the United States makes more sense due to regulatory burdens in the EU. He said that treating industrial and machine data the same as personal data is illogical and hinders investments, adding that he cannot justify such decisions to shareholders.
U.S. Policies Attracting Investments U.S.
President Donald Trump stated at the 2025 World Economic Forum that the United States offers the best environment for job creation, factory building, and company growth. The U.S. is tracking global companies planning investments there, with a list including 15 EU companies.
Siemens Healthineers plans to invest $150 million to expand production, including relocating manufacturing from Mexico to California. Siemens intends to invest $285 million in U.S. manufacturing and AI data centers, creating more than 900 skilled manufacturing jobs.
Siemens Energy will invest $1 billion to scale up U.S.-based production of grid and gas turbine equipment and expand apprenticeship programs.
companies Siemens and SAP have called for revisions to AI and data rules in Europe. German Chancellor Friedrich Merz expressed support for simplifying AI rules for industry at the Hannover Messe. The EU is developing a Data Act as part of the European Data Union Strategy, aiming to merge existing directives and regulations.
Industry groups are lobbying to reduce data-sharing obligations, citing concerns over trade secrets. The European Data Union Strategy notes that manufacturers hesitate to share data due to trade secrets, privacy, and competition issues.
