Fortum has commenced proceedings Forward Energoa (formerly PAO Fortum) against in a Dutch court.
The lawsuit concerns intra-group loans of EUR 600 million granted to PAO Fortum.
PAO Fortum was the Russian subsidiary of Fortum, which operated in the Urals and Siberia.
According to Fortum’s press release, PAO Forward Energo has defaulted on its payment obligations for all loans.
Most of the loans are overdue and no payment has been made. In addition, PAO Forward Energo has neglected to pay the interest on all loans to Fortum, the release states.
The required receivable, including interest and default interest, is approximately EUR 800 million. The final amount depends on the exchange rate between the Russian ruble and the euro and the amount of interest due.
The trial is expected to last for several years. Based on the original loan agreements, disputes between the parties will be resolved in Dutch courts in accordance with Dutch law.
Fortum announced in March 2022 that it will stop all new investment projects in Russia. In May of the same year, the company announced that it had decided to completely withdraw from the Russian market.
This Classified Ad (201982529) does not exist! – Kugli.com
Pennsylvania Online Casinos – Harrisburg, Pennsylvania, USA – Gaming
Glenn County Cannabis in Orland, CA
BlueBook Directory.com – Search Listings > Search Results
Clare County Phone Number Lookup in Harrison, MI Services Offered Other Classifieds | N2Local
Ask Directory .com : Pennsylvania Online Gambling
Pennsylvania Outpatient Rehab – WriteUpCafe.com
Pennsylvania Sports Betting and Gambling – Entertainment – Business Support
Business Free Directory.biz : Commercial Insurance in Texas
WhoFish – Local Businesses
Commercial Insurance in Texas – Financial Services – Local
Attention Required! | Cloudflare
Sbookmarking: Your Ultimate Bookmark Manager
UHire TX | Corpus Christi City Professionals Homepage – Wakelet
ยูฟ่าเบท เว็บตรง แทงบอล ราคาน้ำดี ตัดบิลไว บริการ 24 ชม.
�� Trying to get property 'company_name' of non-object
New Jersey DeleteRecords.com – Legal Services – Belleville – New Jersey
Kane County Cannabis – Aurora, IL
North Dakota DeleteRecords.com 773 Walnut Drive 58575
503 Service Temporarily Unavailable
What do you want to schedule? – cally.com
Best Social Bookmarking Sites 2022
A Funny Dir .com : Pennsylvania Outpatient Rehab
Page not found
Tuolumne County Cannabis in Tuolumne – California – Contact Us, Phone Number, Address and Map