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"Siemens" Can Return Money Received For the Turbines In the Crimea
December 14, 2017 18:35


"Siemens" is ready to return the money received for the turbines in the Crimea, if the equipment is given back to the supplier.

"We all perfectly understand what it means to recognize a transaction as invalid. Both parties must return everything that was received back," said the spokesman. OJSC Tekhnopromexport, which concluded a contract with "Siemens" for the purchase of four turbines for Taman, resold them to Tekhnopromexport, LLC, for 152.4 million euros, the agency said. Earlier on Thursday, the Moscow Arbitration Court rejected the counterclaims of the German concern and Rostekh. "Siemens" sought the return of gas turbines. The Russian corporation said they had been satisfied with the court's decision and considered it reasonable and fair.

In July, Reuters reported that "Siemens" gas turbines were delivered to the Crimea, despite the Western sanctions. After that, the German concern announced a break in relations with its Russian partners. "Siemens" claimed that the company had been deceived when concluding the contract. The concern agreed with the "daughter" of "Rostekh", the company "Tekhnopromexport", on the supply of turbines, separately having discussed the exclusion of sale of this equipment to the Crimea.


Author: Anna Dorozhkina


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