Siemens takes legal action over turbines in Crimea: source

Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BERLIN (Reuters) – Germany’s Siemens has taken legal action to prevent the installation of its electricity turbines in Crimea, a region subject to EU sanctions for energy technology, a company source with knowledge of the situation told Reuters on Monday.