As I was following Siemens Energy in these years, I remember them getting a huge bailout, or you can call it help or whatever, at one point and from there on the stock price started going up.

It was a government guarantee in November 2023, which was never used, but allowed them to borrow money from banks for new projects. Demand was never a problem, but they were on the brink of collapse due to hidden quality problems at their subsidiary Gamesa. Somehow they seem to have solved this.