Contents tagged with Siemens

  • Director of company involved in Siemens turbines scandal fired in Russia

    The CEO of Silovye Mashiny, which was involved in a scandal with Siemens turbines, has been fired In Russia.

    As reported by Interfax, the Board of Directors of Silovye Mashiny passed a decision July 19 on the early termination of Roman Filippov's powers.

     On July 13, Filippov was interrogated in Russia for a criminal case concerning the disclosure of state secrets.

    The Board of Directors of PJSC Silovye Mashiny appointed a new CEO after Roman Filipov's resignation. The new CEO is Filippov's …

  • Media: Siemens could withdraw from two projects in Russia after Crimea turbine scandal

    Siemens is considering the possibility of withdrawing from two major projects with Russia after the scandal with the gas turbines in annexed Crimea, reported German business news outlet WirtschaftsWoche with reference to sources in the company.

    According to the article’s sources, Siemens’ CEO Joe Kaeser is exploring the possibility of ending the German company’s involvement with Siemens Gas Turbines Technologies LLC.

    In addition, according to the sources, Siemens is also considering the …

  • Media: Siemens considers leaving Russia

    The German company, Siemens, is considering the possibility of abandoning its assets in Russia due to the delivery of turbines to the Crimea, as reported on Friday, July 14th, by German business weekly, Wirtschaftswoche, citing sources in Siemens.

    It is noted that the CEO of Siemens AG, Joe Kaeser, is considering not only the possibility of withdrawing from Siemens Gas Turbines Technologies - a joint venture with Russian company, Power Machines, that assembled turbines, but also leaving the …

  • Kyiv: Ukraine provided the EU with proof of Russia’s circumvention of sanctions

    Kostiantyn Yelisieiev, the Deputy Head of the Presidential Administration of Ukraine announced on Channel 5 TV that the representatives of the European Union at the Ukraine-EU summit were presented with information about Russia's circumvention of sanctions.

    Yelisieiev said that the representatives of Ukraine handed over the document, which spelled out all the facts and cases whereby Russia managed to circumvent European sanctions. According to him, Kyiv also drew attention to attempts of the …

  • Russian FSB arrests head of company which made Siemens turbines for Crimea

    Officers of the Russian FSB have arrested the director general of Power Machines plant, Roman Filippov on suspicion of disclosing state secrets.

    Information on the arrest came out against the backdrop of the scandal surrounding the shipment of Siemens turbines to Crimea, which is currently under EU sanctions. The SGT5-2000E turbines are produced by the St. Petersburg based company Siemens Gas Turbines Technologies (SGTT), a joint enterprise of Siemens and Power Machines JSC, created in 2011 (65 …

  • Siemens files lawsuit over the shipment of its turbines to Crimea

    The Siemens concern filed a lawsuit at the Moscow Arbitration Court regarding the shipment of its gas turbines to Crimea. The case file makes it apparent that the respondents in the case initiated on July 10 will be the companies Technopromexport PLC, Technopromexport LLC, and Siemens Gas Turbines Technologies LLC.

    “A lawsuit has been filed. As we announced earlier in the statement, it will be directed against those  who bear responsibility for this, and specifically against the management of …

  • Kremlin: Thermal power plant will be built in Crimea even if Siemens withdraws turbines

    When asked about a possible withdrawal of Siemens turbines from the Crimea, Russian Energy Minister Alexander Novak stated that a thermal power plant will be built in the Crimea even if Siemens withdraws the turbines which were shipped to the peninsula.  

    “The project will be realized in any event, because the construction of generation is necessary there. The company will realize it, I believe, according to the technical decisions which were made, and according to current legislation. As far …

  • Siemens warns that it will not service illegally imported turbines in Crimea

    The German company Siemens AG has stated that it will not service its turbines that have been illegally imported from Russia to the annexed Crimea, if this information is confirmed.

    According to the company’s statement, Siemens has taken all possible legal measures to prevent such an import of the company's products into the Crimea, which is under sanctions, and will take appropriate operative measures to prevent illegal use of the equipment; namely, it will not provide any deliveries or …