Contents tagged with investors in Russia

  • German Ambassador to Russia: Investors in Russia concerned about scandal with Siemens turbines

    The scandal surrounding Siemens turbines has heightened the concern of foreign investors in Russia, stated German Ambassador to Russia Rüdiger von Fritsch in an interview with the newspaper Kommersant.

    “The anxiety and uncertainty among foreign investors in Russia has been exacerbated by the fact that even a company such as Siemens, which has been operating in the world for more than 160 years and has created 3,000 jobs here, cannot rely on written and oral promises,” said the ambassador.

    The …