Russia–Ukraine War (May 12): German Industrial Giant Siemens Is Leaving Russia After Nearly 170 Years

Russia–Ukraine War (May 12): German Industrial Giant Siemens Is Leaving Russia After Nearly 170 Years
The headquarters of German engineering conglomerate Siemens AG stands at twilight on Aug. 23, 2018 in Munich, Germany. Lennart Preiss/Getty Images
Epoch Times Staff
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The latest on the Russia–Ukraine crisis, May 12. Click here for updates from May 11.

German Industrial Giant Siemens Is Leaving Russia After Nearly 170 Years

German industrial giant Siemens AG says it is exiting Russia, where it has operated for almost 170 years.

“We condemn the war in Ukraine and have decided to carry out an orderly process to wind down our industrial business activities in Russia,” Roland Busch, the Munich-based company’s CEO, said Thursday.