Sanctions as a convention: Siemens remains in Russia
Despite the loud scandal over the oversupply of Siemens gas turbines to the sanctioned Crimea, the German company intends to retain the majority of the Russian market in this sector. The Russian Kommersant writes about this today. “Siemens is ready to invest in increasing the localization of production of powerful turbines in Russia from the current 60% to 90%, which will give the company access to supplies of equipment for...