Siemens Halts Deliveries To Russian Firms Over Crimea Case

BERLIN (AP) — German industrial conglomerate Siemens AG says it's halting deliveries of power generation equipment to state-controlled companies in Russia and selling its stake in a Russian company that offers services for power plant control systems. Friday's move came after Siemens said this month that gas turbines delivered to Russia were re-routed to Crimea, in violation both of European sanctions and a contract. Siemens said that it "will halt power generation equipment deliveries from existing contracts to state-controlled customers in Russia for the time being.Read more on NewsOK.com

Topics:  berlin ap     german   siemens ag   russian   crimea   european   newsok   siemens   russia   deliveries   power   state-controlled   generation   equipment   

 

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