Contents tagged with Siemens turbines
The Moscow Arbitration Court dismissed the claim of the Russian subsidiary of the German company Siemens against the Russian state corporation Rostec on the return of the turbines supplied for the thermal power plants (TPPs) being built in the annexed Crimea, as reported on January 10th by RIA Novosti.
"We deny the claim," Judge Ayuna Tsidipova said.
The plaintiff, manufacturer of turbines, Siemens Gas Turbine Technologies LLC, asked the court to recognize the contract for the supply of …
A Moscow Arbitration Court refused to rule in favor of the claim of the German company Siemens against LLC Tekhnopromexport and JSC Tekhnopromexport (structures of Rostec) for the illegal transport of turbines to the annexed Crimea, reported Interfax.
The court also denied Technopromexport’s counterclaim against Siemens.
Siemens accuses the two Tekhnopromexport companies of illegally moving four turbines to the Crimea, which were supplied for the construction of power plants in Taman. …
The company Technopromexport has filed a lawsuit with the Court of Justice of the European Union demanding the removal of the sanctions which were placed on the company in connection with the shipment of Siemens turbines to the annexed Crimea, the Official Journal of the EU reported.
According to the journal entry, the company’s CEO Sergey Topor-Gilka, who was also placed on the EU sanctions list, has made a similar demand of the court.
In their requests, the claimants state that it has not …
A Moscow arbitration court refused to impound four gas turbines which were manufactured by Siemens and sent by Technopromexport to the annexed Crimea in violation of sanctions,TASS reported, referring to the court’s decision.
“The court refuses to approve the application of Siemens Gas Turbine Technologies (a Siemens subsidiary),” TASS quoted the court as saying.
The Siemens subsidiary demanded the seizure of the gas turbines and wanted Technopromexport and other parties to be prohibited from …
The Ninth Arbitration Appeals Court of the Russian Federation rejected Siemens’ to appeal seize the turbines which were transported to the Russian-annexed Crimea in violation of sanctions, TASS reported.
Siemens asked to have the four SGT5-2000E gas turbines seized and to prohibit the Russian company Technopromexport or other persons from transporting, installing, operating, modifying, disassembling or otherwise using the turbines. Additionally, Siemens asked that Technopromexport be …
The Siemens company will boycott maintenance of the turbines that have been delivered to the Crimea; it is currently unclear how these turbines will operate without professional service. Russian economic analyst and oil and gas market expert Mikhail Krutikhin, who is a partner in the information and consulting agency RusEnergy, voiced this view on the radio show “Day Show” on Radio Krym.Realii.
He added that Russia is unlikely to submit to Siemens' demand for the return of the turbines from …
On October 16, the Arbitration Court of Moscow considered a lawsuit filed by the German concern Siemens against Rostec regarding the supply of turbines to the annexed Crimea.
The Germans have asked to invalidate the deal, following which the turbines entered the territory of the annexed peninsula.
According to RIA Novosti news agency, the Russian company Technopromexport filed a counter-claim in which it requested the invalidation of a portion of the transaction dated March 10, 2015, during …
The question of the Siemens turbines that were shipped to the Crimea was not raised at a meeting between Russian President Vladimir Putin and German businessmen, as stated by the Press Secretary for the President, Dmitry Peskov, RIA Novosti reports. "The question was not brought up," was Peskov’s answer to the inquiry.
Previously, Siemens stated that two of the company's four turbines were delivered to the Crimea against its will. On July 11th, the company filed a lawsuit against …
The scandal surrounding Siemens turbines has heightened the concern of foreign investors in Russia, stated German Ambassador to Russia Rüdiger von Fritsch in an interview with the newspaper Kommersant.
“The anxiety and uncertainty among foreign investors in Russia has been exacerbated by the fact that even a company such as Siemens, which has been operating in the world for more than 160 years and has created 3,000 jobs here, cannot rely on written and oral promises,” said the ambassador.