Siemens

Siemens Energy to leave Russia this autumn

Siemens Energy to leave Russia this autumn

German’s energy company Siemens Energy has announced the start of withdrawing from Russian assets, which it plans to complete by this autumn, according to a statement released on Monday. "Siemens Energy started the …

Gazprom to halt another Nord Stream turbine

Gazprom to halt another Nord Stream turbine

Gazprom has to halt the operation of one more gas turbine engine at the Portovaya compressor station of the Nord Stream gas pipeline due to the expiration of time before overhaul, the holding said in a statement on Monday. "Due to …

Gazprom receives turbine documents from Siemens

Gazprom receives turbine documents from Siemens

Gazprom has received documents from Siemens on return of the Nord Stream turbine from Canada but they still do not mitigate earlier identified risks, the Russian gas holding said. "Gazprom has received documents of Canadian …

Russia to stop Nord Stream pipeline?

Russia to stop Nord Stream pipeline?

The pipeline, which supplies a significant proportion of the natural gas imported by Germany, reduced its output to just 60% after its operator failed to receive one of the turbines that pump the gas from maintenance in Canada due to anti-Russia …

Siemens to leave Russia, take hefty charge

Siemens to leave Russia, take hefty charge

Siemens will quit the Russian market, it said on Thursday, taking a 600 million euro ($630 million) hit to its business during the second quarter, with more costs to come. During the second quarter Siemens incurred 600 million euros in …

Siemens and Russian Railways to develop high-speed train

Siemens and Russian Railways to develop high-speed train

Siemens and Russian Railways have signed a contract on the development of a high-speed train to be used at the Moscow-St. Petersburg high-speed line starting 2028, President of Siemens Russia Alexander Liberov said. "We together …