KIEV, Feb. 22 – Italy's Torno Global Contracting SPA and Beta Funding SRL have appealed to the International Chamber of Commerce (Paris) asking it to investigate the situation in their business relations with Ukraine's Transport and Communications Ministry and Ukravtodor, according to the prospectus of the issue of Ukrainian eurobonds.
The companies in their statement said that the ministry and Ukravtodor violated the terms of the general agreement on cooperation in the reconstruction and operation of the M-05 Kiev-Odessa highway, which was signed on October 8, 2003. The total amount of claims is EUR 47 million.
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