You are here: Home » Reuters » News
Business Standard

Siemens rethinks some Russian business after turbines moved to Crimea: source

Reuters  |  MUNICH, Germany 

MUNICH, Germany (Reuters) - Siemens is rethinking some of its business connections in Russia after two of its gas turbines turned up in Crimea, a region subject to EU sanctions on energy technology, a company source familiar with the matter told Reuters on Tuesday.The German industrial group supplied the turbines for a project in Russia but said on Monday that at least two of them had been moved to Crimea without its knowledge and against its will, confirming an exclusive Reuters report.Russia annexed the Black Sea peninsula from Ukraine in 2014 in what the European Union considers a breach ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, July 11 2017. 17:34 IST