Steinmeier: German companies do not want to work in Crimea
German authorities do not recognize the Russian annexation of the Crimea peninsula. German companies will not work in this territory, German President Frank-Walter Steinmeier stated, as reported by the newspaper Kommersant.
"This fact, of course, has consequences for German companies’ activities both directly in the Crimea and in connection with it. German companies won’t work there. Besides, concerning Siemens, the existing agreement was violated and, therefore, the investors have lost confidence in the loyalty of Russian partners to their contract obligations," the edition quoted Steinmeier's as saying.
According to him, until now, German companies have not worked with or invested in the Crimea.