NIKOPOL, April 19 – DTEK has said it expects the decision of the permanent arbitration court in The Hague on the claim to the Russian Federation about assets lost in Russia-annexed Crimea in the first quarter of 2020, DTEK CEO Maksym Tymchenko told journalists in Nikopol on Friday.
Tymchenko said that Russia has recognized the jurisdiction of the court in this matter.
"We are in the active stage of consideration of our lawsuit regarding Krymenergo. The Russian Federation decided to enter this process. Its position has changed: if before it did not recognize the jurisdiction of the courts considering such claims, now we are preparing for the fact that Russia will be present. Active consideration of this lawsuit is scheduled for August 2019. We expect to receive the decision during the first three months of 2020," he said.
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