Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackReducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackSiemens' parent company announced its exit on May 12. Siemens Mobility has already announced the termination of contracts with Russian Railways for the maintenance of Sapsans, and a contract worth 1.1 billion euros for the supply of Sapsans. In addition, Russian Railways is suing them - the St. Petersburg Arbitration Court took away equipment for servicing trains in favor of Russian Railways. There is still a joint venture with Sinara for the production of trains.
June 24, 2023 |