Siemens offers to buy back gas turbines delivered to Crimea

Siemens offers to buy back gas turbines delivered to Crimea

Reuters Staff

"Siemens did offer to repurchase all turbines before they were illegally moved to Crimea against clear contractual agreements," a Siemens spokesman said in a statement.

"The offer was turned down and, as we have recently published in our statement, we renewed our offer to buy back the equipment and annul the original contract," the statement said.

Crimea is subject to EU sanctions on energy equipment since Russia annexed the Black Sea peninsula in 2014.

(Reporting by Joern Poltz; Writing by Edward Taylor; Editing by Tom Sims)

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