Support The Moscow Times!

Russian Officials Play Down Siemens Pullout

Siemens Press Service

Russian state-run companies can manage without Germany’s Siemens manufacturers, which recently suspended its cooperation with Russian partners over Crimea sanctions violations, a high-ranking Russian official said this week.

“There aren’t any critical problems [following from Siemens’ pullout] because several producers in the world make these types of products,” the state-funded RIA Novosti news agency quoted Deputy Prime Minister Arkady Dvorkovich as saying. “We are starting to produce many types of these products ourselves.”

Siemens announced its decision to suspend cooperation with Russian state companies this week, following reports that gas turbines it manufactured had been transported to Crimea in violation of the European Union sanctions.

Dvorkovich said Siemens had not suspended Russian deliveries entirely, only those to “state companies.”

On Monday, Russia’s Energy Minister Alexander Novak said the Siemens-made turbines could be replaced by similar equipment purchased from other manufacturers.

"We have a competitive market in the country. So what Siemens supplies can be delivered by other companies,” Reuters quoted Novak as saying. “As for electricity
generation, we have now learnt to produce the necessary equipment. We face no risks.”

Siemens announced it is pressing charges against the Russian contractor, Technopromexport.

The German company also said it is suspending deliveries of power generation equipment to Russian state companies, terminating a license agreement with Russian companies for the supply of equipment for power stations, and divesting a minority interest in the Russian company, Interautomatika.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.


Read more