On 21 June 2019, an international arbitration tribunal made a decision on AS
Tallinna Vesi´s and United Utilities (Tallinn) B.V.'s claim in the proceedings
against the Republic of Estonia for compensation for losses caused by a breach
of the Agreement on the Encouragement and Reciprocal Protection of Investments
between the Kingdom of the Netherlands and the Republic of Estonia. A majority
decision from the arbitration Panel dismissed AS Tallinna Vesi´s and United
Utilities (Tallinn) B.V.'s claims, with one Panel member dissenting.
The full decision is now publicly available on ICSID webpage
(https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=ARB/14/24) .
Riina Käi
Chief Financial Officer
AS Tallinna Vesi
(+372) 626 2262
riina.kai@tvesi.ee
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