Russia Wins 620 Mln Euros in Belene NPP Lawsuit Against Bulgaria

© Photo : Atomstroyexport Atomstroyexport company
Atomstroyexport company - Sputnik International
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The International Court of Arbitration at the International Chamber of Commerce in Geneva ruled in favor of the Russian Atomstroyexport company, a subsidiary of state-owned nuclear energy corporation Rosatom, according to the company's spokesman.

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MOSCOW (Sputnik) – Atomstroyexport's dispute with Bulgaria's National Electric Company was over the termination of the project of Belene Nuclear Power Plant.

"Atomstroyexport will receive 620 million euro [almost $700 million] from Bulgaria," the spokesperson told reporters.

In 2011, Atomstroyexport sued Bulgaria after it scrapped the Belene project for which the Russian company had won a tender.

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