Technopromexport asks court to suspend ‘Crimean engines’suit

MOSCOW, Oct 20 (PRIME) -- Technopromexport LLC and Technopromexport PJSC, subsidiaries of Russian state industrial corporation Rostec, have asked the Moscow Arbitration Court to suspend proceedings on a suit filed by local affiliate of Germany’s Siemens against the companies, according to information obtained by PRIME in the court on Friday.

Representatives of the companies said that the court has already launched proceedings over a similar suit filed directly by Siemens against the companies.

Siemens said in July that all the four turbines meant to be used on a Russian power plant on the Taman Peninsula were illegally shipped to Crimea, forcing it to cancel its licensing agreements to sell power equipment to Russian firms and suspend the current agreements with state-run companies. Later Siemens filed a claim against Rostec’s companies seeking to void a delivery contract.

Siemens Gas Turbine Technologies, a joint venture of Siemens and Russia’s Power Machines, also filed a suit asking the court to void a contract, the matter of which was not disclosed.

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