Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
7333
Submission date and time
31.05.2019 17:00:00
Content of announcement in Estonian
Title
Rahvusvaheline vahekohus teeb otsuse 21. juuniks 2019
Message
Rahvusvaheline vahekohus ICSID teavitas 30. mai 2019 õhtul AS-i Tallinna Vesi, et kohus kavatseb teha otsuse AS-i Tallinna Vesi, United Utilities (Tallinn) B.V. ja Eesti Vabariigi vahelises arbitraazhimenetluses hiljemalt 21. juuniks 2019. 2014. aasta oktoobris alustasid AS Tallinna Vesi ja Hollandi Kuningriigis registreeritud aktsionär United Utilities (Tallinn) B.V. Eesti Vabariigi vastu rahvusvahelist arbitraazhimenetlust Hollandi Kuningriigi ja Eesti Vabariigi vahel sõlmitud investeeringute soodustamise ja vastastikuse kaitse lepingu rikkumise tõttu. Rahvusvahelise arbitraazhimenetluse istungid toimusid 2016. aasta novembris. Riina Käi Finantsdirektor AS Tallinna Vesi (+372) 626 2262 [email protected]
Content of announcement in English
Title
The Tribunal will render its award by 21 June 2019
Message
The International Centre for Settlement of Investment Disputes (ICSID) informed AS Tallinna Vesi in the evening of 30 May 2019 that the Tribunal intends to render its award in the arbitration case between AS Tallinna Vesi, United Utilities (Tallinn) B.V. and the Republic of Estonia by 21 June 2019. In October 2014, AS Tallinna Vesi and its shareholder United Utilities (Tallinn) B.V., which is registered in the Kingdom of The Netherlands, commenced international arbitration proceedings against the Republic of Estonia for breach of the Agreement on the Encouragement and Reciprocal Protection of Investments between the Kingdom of The Netherlands and the Republic of Estonia. The international arbitration hearings were held in November 2016. Riina Käi Chief Financial Officer AS Tallinna Vesi (+372) 626 2262 [email protected]