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Siemens Will Break the Licensing Agreement With Russian Partners
28.07.2017 23:41
Siemens Will Break the Licensing Agreement With Russian Partners

The German Siemens Company will break the licensing agreement for the supply of equipment for power plants with Russian partners. The concern claims that four gas turbines were illegally transported to the Crimea.

      The company suggests buying them out and canceling the contract for further supplies. On July 11 it was reported that Siemens filed a lawsuit against the representatives of “Technopromexport” (the engineering subsidiary of the “Rostekh” state corporation). According to the assertion of the concern, this company is responsible for supplying the turbines to the peninsula.


Author: Anna Dorozhkina


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