Siemens is ready to build part of a power plant in Crimea, in spite of the European and international embargo.

According to an investigation by Reuters, the builders of two power plants in the Russian-occupied Ukrainian territory Crimea have finalised plans to install turbines made by a joint venture of Siemens.

Siemens says its joint venture is only for making turbines for a separate plant on Russia’s Taman peninsula, which is separated from Crimea by a strait, but not for plants inside in ...