Russian court refuses to seize turbines at Siemens’ request
The Moscow Arbitration Court refused to seize the Siemens-produced turbines which were shipped to annexed Crimea in circumvention of sanctions, the Dozhd TV channel reported with reference to a court file.
Furthermore, the court refused to prohibit the mounting of these turbines. Their seizure was specified as a security measure in the lawsuit.
The consideration of Siemens’ case against the corporate structures of Rostec, who relocated the turbines to the peninsula, has been scheduled for September 18.
Siemens’ case against Rostec was filed on July 11. The German concern accuses Foreign Economic Association Technopromexport JSC and Foreign Economic Association Technopromexport LLC of illegally relocating to the Crimea four gas turbines intended for a power plant in Taman. In the lawsuit, the German concern is asking the court to recognize the deal to supply the turbines as void. The Kremlin said that the turbines were produced in Russia.
Due to the situation with the turbines, the EU has introduced a new package of sanctions against three Russian companies and three physical entities.