The Moscow Arbitration Court on Wednesday turned down a claim filed by a Russian subsidiary of Germany's Siemens Concern against two Rostec structures, LLC VO Technopromexport and OJSC Technopromexport, over Siemens turbines delivered to Russian-occupied Crimea, according to Russia's Prime business news agency.
Minister of Foreign Affairs of Ukraine Pavlo Klimkin during a joint press conference in Kyiv with German Foreign Minister Sigmar Gabriel noted that German companies working with Russia in the occupied Crimea in spite of the sanctions imposed by the European Union and considering Crimea to be Russian, will be held responsible both politically and legally, an UNIAN correspondent reports.
The Moscow Arbitration Court has refused to satisfy Siemens's claim against Russia's Technopromexport (Rostec's subsidiary) on the supply of Siemens turbines to Crimea contrary to sanctions, while the counterclaim of Technopromexport against the German concern was rejected as well, according to the Russian news agency RBC.
Siemens CEO Joe Kaeser has told Germany's Spiegel in an interview that the German company plans to take "precautious" measures with regard to cooperation with Russian customers after the supply of Siemens turbines to a power plant in the occupied Crimea contrary to sanctions and without the consent of the manufacturer, according to the Russian news agency RBC.
CEO of NJSC Naftogaz of Ukraine Andriy Kobolev has announced that the German concern Siemens, which was supposed to supply gas compressors to Ukraine for the country's gas transportation system, stopped the shipments because of a possible loss of the Russian market.
A Moscow court has rejected a request by Siemens to seize its gas turbines, which have turned up in Crimea contrary to EU sanctions, and to ban their installation ahead of preliminary hearings next month, the court's ruling showed on Sunday, according to Reuters.
The European Union on Friday imposed sanctions on three more Russians, including Deputy Energy Minister Andrei Cherezov, and three Russian companies over the delivery of Siemens' turbines to Moscow-annexed Crimea, according to Reuters.
The recent case where German industrial giant Siemens have been found to have provided gas turbines to a Russian State Company, the turbines subsequently ending up being used in Crimea in direct contravention to international economic sanctions, raises a number of serious concerns, Ukraine's top diplomat Pavlo Klimkin wrote in a statement published by the Ministry of Foreign Affairs of Ukraine.
CEO of Siemens Joe Kaeser says that his company sees from EUR 100 million to EUR 200 million in revenue loss in Russia, according to Reuters.
Despite bombastic statements, Russian power industry remains heavily dependent on the equipment supplied by Germany’s Siemens while not being able to effectively replace German technology, ZN.UA reports with reference to the Polish publication Rzeczpospolita.
Russia delivered Siemens turbines to sanctions-hit Crimea after the German company declined to buy then back from Russia's Technopromexport (TPE), a TPE official said in statement, according to Reuters.
European Union states have given initial backing to a German proposal to blacklist several more Russian nationals and companies over the delivery of Siemens gas turbines to Crimea, but made no final decision, diplomats said, according to Reuters.
The European Union has added four Russian individuals and three Russian entities to its sanctions list after revelations that four gas turbines from the German company Siemens were "illegally" diverted from Russia to Ukraine's occupied Crimean Peninsula, according to Radio Free Europe / Radio Liberty (RFE/RL).
Ambassadors of the EU member states on July 26 will discuss the expansion of sanctions against Russia amid the scandal with the supply of Siemens turbines to the occupied Crimea, Brussels-based RFE/RL journalist Rikard Jozwiak wrote on Twitter.
Germany is urging the European Union to add up to four more Russian nationals and companies to the bloc's sanctions blacklist over Siemens gas turbines delivered to Moscow-annexed Crimea, two sources in Brussels told Reuters.
Siemens management believed the Kremlin's promises that German turbines would not be delivered to the occupied Crimea, and as a result the company suffered irreparable damage, Ukrainian Minister of Foreign Affairs Pavlo Klimkin wrote in his op-ed for the Ukrainian media outlet, Europeiska Pravda.
Siemens has announced it renewed its offer to buy back the equipment bought by Russia and sent to sanctions-bound Crimea, and to annul the original contract, according to its official statement regarding turbines to Crimea.
Russia outfoxed European Union sanctions by delivering gas turbines made by Germany's Siemens to the annexed Ukrainian region of Crimea. Now for the hard part, switching them on, according to Reuters.
Russia's Federal Security Service (FSB) officers have detained CEO of Power Machines engineering company Roman Filippov in St. Petersburg, according to Fontanka referring to its sources.
Two more gas turbines appear to have been delivered to Russian-controlled Crimea, according to two Reuters reporters who saw the equipment at the port of Feodosia, potentially deepening a row over sanctions compliance in which Germany's Siemens has become embroiled.
Germany's Siemens said on Monday, July 10, at least two of its gas turbines had been moved "against its will" from Russia to Crimea, a region subject to sanctions barring EU firms providing it with energy technology, according to Reuters.
A firm part-owned by Germany's Siemens has been hired to help install electricity turbines in Crimea, a region subject to European Union sanctions barring EU firms from supplying it with energy technology, three sources close to the project told Reuters.
German firm Siemens said on Friday it had set up a task force to investigate reports that its turbines had been delivered to Crimea for use in Russian-built power plants, according to Reuters.
Russia has delivered electricity turbines made by Germany's Siemens to Crimea, a region subject to European Union sanctions barring EU firms from supplying it with energy technology, three sources with knowledge of the delivery told Reuters.