Siemens sues to stop Russian Crimea turbines

Siemens has brought proceedings in the Moscow Arbitration Court against Russian Technopromexport (a subsidiary of Rostec) for exporting Siemens-built power turbines to Crimea in apparent violation of EU sanctions and a written agreement between the companies not to do so. EU sanctions prohibit (inter alia) companies from exporting goods and technology for use in the…