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Subfield of electrical engineering, which deals with power generation, conversion, storage, transport and forwarding in electrical networks and use of electrical energy.
Of the decliners, powerengineering group Alstom was by far the biggest.
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That leaves MAN with its commercial vehicles and powerengineering businesses.
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Russian powerengineering firm REP Holding signed a deal with NIOC to help modernise the Iranian oil industry.
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La Repubblica also said Shanghai Electric is due to take a 40 percent stake in the powerengineering company.
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He mentioned cooperation with Japanese firms in oil and gas processing, chemical industry and powerengineering, but did not elaborate.
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Research is focused on nuclear- powerengineering, nuclear physics, radiation technology, the technology of non-metallic materials, medical radiology, meteorology and environmental protection.
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Plans to sell down 1 billion euros of assets last year foundered as the sale of powerengineering group Ansaldo Energia stalled.
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Two large deals in the powerengineering and transportation sectors have highlighted the pressure to consolidate if companies are to compete globally.
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Several analysts said European antitrust objections could be overcome, as the powerengineering business is now much more global than a decade ago.
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Sources have said it was querying whether Toshiba should have recognized multi-billion dollar losses at U.S. nuclear powerengineering arm Westinghouse Electric Co before December.
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In May, the state-owned company bought 40 percent of powerengineering company Ansaldo Energia from Italian state fund FSI for 400 million euros.
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In May, Shanghai Electric Group 601727.SS paid 400 million euros to buy a 40 percent stake in powerengineering company Ansaldo Energia SIFI.MI.
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Italian powerengineering firm Ansaldo Energia, controlled by state investor CDP and part-owned by Shanghai Electric Group 601727.SS, has been in Iran for 70 years.
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Marlin will retain a minority holding in Qualitest, which sells a range of artificial intelligence- poweredengineering and testing products.
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Even German unions long opposed to breaking up MAN are starting to prepare themselves for a hive-off of PowerEngineering.
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'Some high- poweredengineering went into the Mark III.