MOSCOW, June 20 (Reuters) – A Russian court has ordered that Commerzbank (CBKG.DE), opens new tab assets worth 94.9 million euros ($101.86 million) be awarded in damages to a company overseeing construction of a gas processing plant in northwest Russia, court documents showed.
Commerzbank was one of the guarantor lenders under a contract for the construction of the gas processing plant in Ust-Luga with Germany’s Linde (LIN.DE), opens new tab. The deal was terminated due to Western sanctions.
Source: REUTER
