Contents tagged with Siemens

  • Kremlin: Siemens intends to supply Russia with turbines

    The German concern Siemens is taking part in tenders to supply the gas turbines for energy facilities in Russia, despite the situation with the delivery of turbines to sanctioned Crimea, Russian Deputy Energy Minister Andrei Cherezov told the press, TASS reports.

    “Several companies are now holding large tenders with the same turbines, and Siemens is taking part in these tenders,” the deputy energy minister said. According to him, Siemens has even “shown interest” in the tender to supply …

  • Russian court rejects Siemens appeal to have its turbines removed from Crimea

    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 …

  • Steinmeier: German companies do not want to work in Crimea

    German authorities do not recognize the Russian annexation of the Crimea peninsula. German companies will not work in this territory, German President Frank-Walter Steinmeier stated, as reported by the newspaper Kommersant.

    "This fact, of course, has consequences for German companies’ activities both directly in the Crimea and in connection with it. German companies won’t work there. Besides, concerning Siemens, the existing agreement was violated and, therefore, the investors have lost …

  • Putin to meet with German businessmen including Siemens leadership team

    Russian President Vladimir Putin will meet with representatives of German business, said Yuri Ushakov, the Presidential Aide for Foreign Policy Issues, at a press briefing on October 9, Deutsche Welle reports.

    According to Ushakov, the meeting is organized at the initiative of the German Committee on Eastern European Economic Relations. It will be held in Sochi on October 12. German business will be represented by the heads of about 20 companies operating in the Russian market, with Siemens, …

  • Siemens rethinks its procedure of working with Russian customers after the turbine-delivery scandal

    After the delivery of Siemens turbines to a power plant in the Crimea in defiance of sanctions and without the manufacturer’s consent, the German concern plans to take measures regarding any future cooperation with Russian customers, CEO of Siemens AG, Joe Kaeser said in an interview with the German magazine Spiegel.

    "In any case, our trusting relations with Russia, formed over more than 160 years, were spoiled," he said, stressing that this was "not a trivial trespass." "On the other hand, …

  • Court hearing of Siemens turbine case to commence on October 20th in Moscow

    The Moscow Arbitration Court scheduled a preliminary meeting on October 20th to review the suit brought by the joint venture of Siemens and OJSC Power Machines – Siemens Gas Turbine Technologies LLC (SGTT) – against two Russian enterprises, the Rostec state corporation and Technopromexport JSC, as stated in the court documents. 

    The press service of Siemens in Russia has not yet commented on the content of the claim against Rostec.

    Earlier, Siemens itself filed a lawsuit against …

  • Head of Naftogaz: Siemens refused to cooperate with Ukraine because of fear of losing Russian orders

    Siemens, under pressure from Russia, refused to continue supplying equipment for the modernization of the Ukrainian gas transportation system (GTS), Interfax-Ukraine reports quoting the head of the board of Naftogaz of Ukraine, Andriy Kobolyev, as saying.

    "The first compressors had already been brought in; they were Siemens compressors. But then Siemens called and said that if we brought them, then we would lose the Russian market," the head of Naftogaz said.

    According to him, the company had …

  • Siemens submitted second court claim over the shipment of its turbines to Crimea

    The joint venture of Siemens and Power Machines filed a lawsuit to the arbitration court against Rostec's subsidiary company, Technopromexport. The latter bought Siemens turbines for construction in the annexed Crimea, as reported by Meduza.

    The claim by Siemens gas turbine technology against JSC and LLC Technopromexport was filed on September 8th. Details on the claim haven’t been disclosed.

    The company Technopromexport bought four gas turbines from Siemens in 2015. It was announced that the …

  • Siemens continues collaboration with Russian companies

    Siemens is fulfilling all its obligations to the Russian energy holding company Inter RAO, there are no problems with the supply or servicing of equipment, said Inter RAO chairman Boris Kovalchuk, as reported by the Russian news outlet Prime. “There are no problems with either the equipment supply or the servicing of our equipment by our German partners, all obligations are being fulfilled,” Kovalchuk responded when asked whether Siemens had warned Inter RAO of difficulties in further work.

    On …

  • Media: Siemens turbines for Crimea were resold in order to prevent court appeal

    The Russian news outlet Kommersant reported that its journalists have uncovered the scheme according to which Siemens gas turbines were transferred from Russia to annexed Crimea, in circumvention of EU sanctions. As the media claims, this took place by means of resale.

    According to the publication, it follows from the arbitration court documents that the scheme involved two Russian companies with the same name: JSC Foreign Economic Association Technopromexport, which is a subsidiary of the …