Siemens Takes Legal Action After Turbines Turn Up in Crimea
- Says Russia partner in breach of contract after transfer
- EU companies are banned from doing business in Crimea
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Siemens AG scrambled to reverse a transaction with a Russian partner to try to save face after gas turbines from one of the biggest German investors in Russia’s economy turned up in the annexed region of Crimea, flouting European Union sanctions.
At least two of four turbines manufactured by Siemens for Technopromexport JSC for an electricity project in Taman, south-west Russia, were moved to Crimea “against our will,” the Munich-based company said in a statement Tuesday. Siemens has initiated criminal charges against the individuals involved and pushed for a reversal of the deal, it said. A lawsuit has been filed, spokesman Wolfram Trost later said in emailed comments.