Silovye Mashiny to sell its 35% stake in Siemens gas turbine JV

Silovye Mashiny (Power Machines) plans to sell its 35% stake in the joint venture Siemens Technologies Gas Turbines (STGT) to Siemens, as per an option agreement. The price is yet to be determined, estimated at $5-6 million.

“Переговоры начались в середине января.”ria.ru

• 1 source
• ria.ru"Коммерсант": "Силмаш" выйдет из СП с Siemens по производству турбин - РИА Новости, 02.03.2020Dec 30, 2019

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