| Submit your comments on this article |
| Syria-Lebanon-Iran |
| Siemens quits Iran amid rising diplomatic strain |
| 2010-01-28 |
| [Al Arabiya Latest] German industrial giant Siemens said Wednesday it would stop signing new business deals in Iran from mid-2010 as tensions grew between Berlin and Tehran, which said it had arrested two German diplomats. "The board has decided not to conclude new contracts with commercial partners in Iran," company spokesman Alexander Becker told AFP, adding that a decision had already been taken to this effect within the company last October. "There are clients that have offers on the table that expire by mid-2010 at the latest ... from this date onwards, there will be no new business," added the spokesman. |
| Posted by:Fred |
| #2 Siemens is also the builder of telecommunications equipment. I am a Telephone system administrator in my `day job`. Siemens ROLM switches are high quality... That will have to get spare parts as after market, which thay can do but some of the high end stuff will be harder to replace... |
| Posted by: BigEd 2010-01-28 11:09 |
| #1 The Chinese or the Russians will pick up the slack. Anybody can built stainless steel tanks, centrifuges, gauges, and nuclear test instruments. |
| Posted by: Besoeker 2010-01-28 08:49 |