Russia seizes more than $1 billion of German firm’s assets

Russia seizes more than $1 billion of German firm’s assets

An arbitration court in Russia has ruled that assets of German company Linde be confiscated over its refusal to honor contract obligations to build a gas processing plant in the country in 2022. The German firm received an advance payment from a Russian company in 2021 but, after the EU launched its sanctions campaign against Russia…

  • Tags: -

Comments

Write a comment