us-sanctions
13 July 2017
Siemens pursues Russian business partner in court over breach of Crimea sanctions
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German manufacturing group Siemens has issued criminal proceedings against Technopromexport, a subsidiary of Russian stated-owned Rostec, for exporting at least two of its gas turbines to Crimea. The alleged export is in breach of EU sanctions imposed after Russia’s annexation of the region in 2014, which ban the...