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January 28, 2010       Share:    

Source: http://www.reuters.com/article/idUSLDE60P1LJ20100126?type=marketsNews

Siemens to Reject New Orders from Iran

(Reuters) Marilyn Gerlach and Madeline Chambers - The German engineering conglomerate Siemens said on Tuesday it would reject any further orders from Iran. Germany is one of the biggest exporters to Iran. Siemens Chief Executive Peter Loescher said the Siemens board decided in October not to agree to any further orders with customers in Iran, though existing orders would be fulfilled.

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