The Moscow government surprised Siemens after 170 years – World

The Russian Federation on Friday expressed its “great surprise” at the decision by the German technology and industrial group Siemens to withdraw from the Russian market following the Kremlin’s decision to impose an attack on Ukraine.

“In cooperation with Siemens, it is actually a big difference for us, because the company has been in the Russian market for more than 150 years,” said Denis Manturov, Minister of Trade and Industry, since the days of Tsarist Russia. .

He added that the decision was “unexpected” and that it seemed “rather strange”.

The Russian minister recalled that due to sanctions imposed on the Russian Federation, Moscow allowed parallel imports of products without the permission of the holders of intellectual property rights.

Siemens CEO Roland Busch said Thursday that the company had decided to “cease operations in a controlled manner in the Russian Federation,” where it had been for nearly 170 years.

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