Competition Authority issued a decision on Tallinna Vesi's application for the
approval of the prices of water services and related extra services in Tallinn
and Saue service area. Competition Authority decided to approve the prices of
extra services submitted for approval by the Company, however, refused to
approve the prices of water services.
AS Tallinna Vesi may, within 30 days, challenge the decision in the Competition
Authority or lodge an appeal to the Administrative Court. AS Tallinna Vesi is
going to examine the Competition Authority's reasoning behind the rejection to
approve the prices of water services and will thereafter decide upon lodging an
appeal or a challenge. The current prices of water services remain effective
until the Competition Authority approves the new prices of water services or
establishes the same in another manner.
AS Tallinna Vesi is still waiting for the decision in the ongoing international
arbitration proceedings where AS Tallinna Vesi and United Utilities (Tallinn)
B.V. have submitted a damage claim against the Republic of Estonia based on the
Agreement on Encouragement and Reciprocal Protection of Investments between the
Kingdom of the Netherlands and the Republic of Estonia.
Eliis Vennik
Head of Customer Relations and Communications
Tallinna Vesi
(+372) 626 2275
Eliis.vennik@tvesi.ee
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