Siemens cuts some Russia ties over Crimea sanctions breach
Frankfurt - Al Maghrib Today
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German industrial conglomerate Siemens said Friday it would cut some ties to Russia after confirming gas turbines it sold to companies there had been diverted to Ukraine's Russian-annexed Crimea region in breach of sanctions. The Munich-based giant said it would freeze deliveries of power generation equipment to state-controlled Russian customers, divest its stake in a Russian company that sells power-plant control systems and terminate a licensing agreement for power generation equipment. |
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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