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Ukrtelecom unhappy about Supreme Court ruling over contract with Oshchadbank
Journal Staff Report

KYIV, July 26 – Ukrtelecom is disappointed with the decision of the Supreme Court to recognize as legal a contract with Oschadbank to buy ESU bonds in the amount of UAH 1 bln plus interest from it and states that the contract cannot be actually executed without a significant harm to the company's activities.

"Therefore, both we and the bank will have to look for options for a mutually beneficial compromise in order to ensure that the decision is executed in a way that does not affect the company's operations," Ukrtelecom said.




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