Siemens may reconsider its plans for developing business in Russia

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Siemens may reconsider its plans for developing business in Russia
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Siemens is reviewing the development of its business relations in Russia after a Crimea’s gas turbines row, Reuters reports, citing its source in the company.




“We have to think about what it means for our relations with Russia. We can't just go back to business as usual,” the source said.

Meanwhile, the source declined to say whether it could affect Siemens’ joint ventures with the Russian Siloviye Mashiny – Siemens Gas Turbine Technologies, which built the turbines found out in the Crimea.

A Siemens representative declined to comment on this information.

Earlier, Reuters reported that gas turbines produced by the German company Siemens had been supplied to the Crimea, which is subject to the EU sanctions.



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