Court In Amsterdam Imposes Restrictions On DTEK Energy Under Sberbank of Russia's $45 Million Claim

The district court of Amsterdam on September 18, 2020 under a claim of Sberbank of Russia against DTEK Energy B.V. ordered to pay around $45.1 million and to take interim measures in respect of certain assets of DTEK Energy B.V. in the Netherlands, The Interfax-Ukraine News Agency reported. DTEK Energy said that these actions have no impact on the company's day-to-day operations of coal mining and electricity generation, the company is in dialogue with creditors on terms of the long-term loan restructuring. DTEK Energy said in a press release on Monday that DTEK Energy and Russia's Obukhovskaya mine office is in dialogue with creditors on terms of the long-term loan restructuring. Both management and shareholders of the company have always followed clear principles, namely respect for the rights of creditors. The company adheres to these principles today, as it continues to engage in new negotiations with loan holders. Read more

Location