Moscow court rejects Siemens’ demand to seize its turbines in Crimea
A further court hearing is scheduled for September 18.
Siemens has sued Technopromexport, accusing the subsidiary of Russian state firm Rostec of misrepresenting the destination for the final delivery of the turbines.
Siemens says the turbines were intended to be used in a project in Russia’s Taman. Taman is a peninsula in the Krasnodar region of Russia not far from the Crimea.
Western sanctions forbid European companies from working in Crimea since the region seceded from Ukraine following a referendum in 2014.
Russian authorities say the turbines were delivered to the Crimea legally since they underwent serious alteration using Russian technology to increase their capacity.
At the beginning of August, the European Commission decided to broaden sanctions against Moscow over the issue. Brussels updated its blacklist to include Technopromexport and its CEO. ■