Putin to meet with German businessmen including Siemens leadership team

Russian President Vladimir Putin will meet with representatives of German business, said Yuri Ushakov, the Presidential Aide for Foreign Policy Issues, at a press briefing on October 9, Deutsche Welle reports.

According to Ushakov, the meeting is organized at the initiative of the German Committee on Eastern European Economic Relations. It will be held in Sochi on October 12. German business will be represented by the heads of about 20 companies operating in the Russian market, with Siemens, Metro, Wintersholl, Linde and Knauf among others.

Siemens, has been involved in a recent scandal with the supply of four gas turbines to the annexed Crimea. The company previously stated that it may consider withdrawing its business from Russia. However, management later announced its intention to compete for the contracts for the modernization of Russian power plants.

  Putin, Siemens