You're reading: New York Times: Siemens stops turbine sales to Russia in sanctions dispute

A dispute between Berlin and Moscow escalated on July 21 after Siemens, the German industrial giant, said it would stop delivering power plant equipment to Russia after gas turbines were moved to the disputed territory of Crimea against the company’s wishes.

Siemens also acted to cut ties with a Russian partner, a further sign of deteriorating trade relations with Russia, once seen as a promising market for German cars, machinery and other goods.

Read more here.