Russia: The Commercial Court of the Sverdlovsk region registered the claim and published it in the Commercial Case File on Monday. There is no information on the substance of the claim or court hearings.
On 24 January, the Moscow tax service decided to remove the Russian legal entity Siemens Mobilnost (literally, Siemens Mobility) from the national state register of companies, but last week, on 9 February, the case was closed at the request of some interested parties. At the same time, another Siemens legal entity in Russia changed its name from Siemens to Systems. According to Interfax, the company’s 2023 report includes information on the plans to start voluntary liquidation in February, as it cannot continue its operations in Russia.
Ural Locomotives plant started operations in 2010 as a joint venture between Siemens Mobility and Sinara Group for the production of electric locomotives and electric trains. In May 2022, the parent company Siemens announced its withdrawal from the Russian market, and a month later, Sinara Transport Machines took full control of the plant.
In the past, Russian courts have upheld the claims of its main rolling stock customer, Russian Railways. Siemens was fined almost RUB 60 mln (€0.6 mln) per day for failing to fulfil contracts for the delivery and maintenance of rolling stock and controlling systems, and no appeals have been successful.
