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UK Court Upholds Decision for Russia to Compensate Ukraine's Energy Giant $5 Billion Over Crimea Asset Seizure

Ukraine’s Naftogaz Group secured a court decision from the UK that recognized the $5 billion damage owed by Russia over the illegal seizure of its assets in Crimea. ....

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Ukrainian Journal

Ukrainian Journal
ukrainianjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukrainianjournal.com Daily Mail and Mail on Sunday newspapers.

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Ukrainian Journal

Ukrainian Journal
ukrainianjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukrainianjournal.com Daily Mail and Mail on Sunday newspapers.

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Ukrainian State-Owned Enterprises Weekly – Issue 94

State Property Fund to liquidate over 1,200 loss-making SOEs. The assets that remain under the SPFU’s management are strategic enterprises and enterprises important for social policy, such as the operating and profitable prosthetic and orthopaedic producers or defense companies, the SPFU added. By the end of 2023, the SPFU plans to take over the management of about 1,200 more SOEs. ....

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Naftogaz applies to U.S. court to recover $5 bln from Russia

Naftogaz of Ukraine, together with five companies of Naftogaz Group, has filed a motion to the United States District Court for the District of Columbia to confirm the earlier award by the Arbitral Tribunal of the Permanent Court of Arbitration at The Hague that bound Russia to pay $5 billion (including interest) in compensation for damage and lost property in Crimea. ....

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