Antimonopoly watchdog audits Siemens' Russian division
MOSCOW, October 17 - RAPSI. The Federal Antimonopoly Service is conducting a routine on-site audit of Siemens' Russian branch from October 3 to November 3, the service reports.
The audit is held for "a complete examination of Siemens's activities in terms of its compliance with Russian antitrust laws," the report reads.
Siemens AG is an international engineering conglomerate operating in industry, energy, electronics and medical equipment. Its headquarters are in Berlin and Munich. Siemens established its Russian subsidiary in 1997.