Siemens suspends supply of power to state-owned companies of the Russian Federation

Moscow. July 21. INTERFAX.RU – Siemens will suspend the supply of generating equipment at existing contracts with Russian companies under state control, said in a statement of concern.

The reason for this, as the document says, was the fact that all four gas turbines, raised concern in the summer to plant in Taman, was wrongfully removed to the Crimea.

During the freeze the supply of equipment to state-owned companies, Siemens will introduce a permanent regime of additional control more stringent than the legal requirements. Now the supply of equipment will be carried out only after confirmation by Siemens, the equipment can be placed on a specific site. The staff concern will be to control the process of delivery and installation. All agreements in the supply of gas turbine equipment will be centralized in OOO “Siemens gas turbine technology”, in which the company has control (the minority partner of the Power machines of Alexei Mordashov), and OOO “Siemens”.

In addition, Siemens has initiated the procedure of rupture of licensing agreements with Russian companies in the field of equipment supply for power plants.

Siemens also confirmed its intention to sell its stake in Russian JV “Interavtomatika”.

The statement said that all four gas turbines, delivered in the summer to plant in Taman, illegally moved to the Crimea. Siemens refers to a reliable information received by the company.

It is noted that the company will continue the criminal prosecution of officials of the client (“TPE”) that is responsible for moving turbines on the Peninsula, and also judicial process in order to prevent the supply of new equipment to the Crimea and to ensure the refund has already been raised.

The group has also updated its proposal to repurchase equipment for Taman station and cancellation of the contract.

Earlier, Siemens announced that two of the four turbines, the company could be delivered in the Crimea against her will.

In turn, the press Secretary of the President Dmitry Peskov declared that in the Crimea equipment – Russian production.

July 11, Siemens filed a lawsuit against tekhnopromeksport, which the German company is accused of illegal movement of gas turbine installations in the Crimea, in the Moscow Arbitration court.