Siemens has contemplated the sale of assets in Russia

Moscow. July 14. INTERFAX.RU – Siemens is considering an exit from joint ventures in Russia – “Siemens gas turbine technology” and “Interavtomatika”, the newspaper Wirtschaftswoche, citing sources. This opportunity is studying the head of Siemens, Joe KAESER, said the publication. Siemens declined to comment.

SP “Power machines” – “Siemens gas turbine technology” (German company 65% in the JV) has manufactured and supplied turbines for the project of construction of the station in Taman in Russia, which then, according to unofficial information, was delivered to the Crimea. “Interavtomatika” (45.72 per cent from Siemens and the rest of the structures Rostec and JSC “VTI”), according the Siemens, was performing work at the facility. The company has converted the turbine so that they may not be recognized by the Siemens products.

2015 in relation to the Crimea sanctions the EU, according to which Siemens was not able to supply its turbines to the Peninsula. However, Western media reported that four turbines were relocated from Taman to Crimea. Siemens acknowledged that at least two of them could get to the Peninsula.

The company filed a claim “for recognition of the transaction void and application of consequences of invalidity of transactions” in the Moscow arbitration court on July 11. But the court leaves the statement without movement until August 21. In the complaint requires the adoption of interim measures, but it is also not considered to eliminate irregularities in filing a claim.

The defendants in the lawsuit are OJSC “foreign economic Association “Technopromexport”, “Siemens gas turbine technology” and OOO “foreign economic Association “Technopromexport”. Siemens explained that included in the claim for their joint venture of “Power machines” – “Siemens gas turbine technology” for informational purposes only. All of the claims essentially deal with “Technopromexport” as a member of the project in Taman.

As Siemens argues, the two turbines that were sent to Taman’, was transferred to the Crimea against the will of the company. “We have received information from reliable sources that at least two of the four gas turbines that were set for the project in Taman, in southern Russia, were transferred to the Crimea, against our will,” – said in a statement. Thus a press-the Secretary of President Dmitry Peskov said that all supplied equipment in the Crimea – Russian production.

“Sevastopol combined cycle thermal power plant” built in the Balaklava district of Sevastopol. First place – combined cycle plant with a capacity of 235 MW, the second stage – the same power. Near Simferopol built “Simferopol combined cycle thermal power plant” capacity coincides with the capacity of the station in Sevastopol.