Atomstroyexport failed to recover 111 million rubles. From the supplier, the Arbitration Court of the Krasnoyarsk Territory refused to issue an execution order to Atomstroyexport in the amount of 111 million rubles. Fines from the "ESKM" company. We are talking about a dispute surrounding an agreement from September 2023, according to which ESKM was supposed to supply equipment worth 762.4 million rubles to Atomstroyexport. For the Al Daba NPP project in Egypt. The performing company was unable to produce and deliver the equipment on time, which was only 67 working days (12.30.2023). Atomstroyexport appealed to the International Court of Commercial Arbitration (ICAC), which in April 2026 collected 111 million rubles from the supplier. The arbitrators recognized the guilt of both parties as equal, and based on this, reduced the amount of the fine by half compared to the amount expected by Atomstroyexport (222 million rubles). Since the supplier did not pay voluntarily, Atomstroyexport asked the Arbitration Court of the Krasnoyarsk Territory to issue an execution order for forced collection. However, the court refused this, recognizing that the implementation of the ICAC decision contradicts the public order of the Russian Federation. The court registered a contradiction in the contract: 67 working days were allotted for the entire supply of the equipment, although only the procedure for approving the technical documentation according to the terms of this contract can take up to 243 working days. A contradiction was also found in the decision of the arbitrators: the ICAC recognized that the delivery time was wrongly agreed, but still imposed a fine precisely for the violation of this deadline. The court also pointed to procedural violations. Four days before the ICAC meeting, Atomstroyexport filed additional objections. In response, the supplier requested the postponement of the proceedings in order to have time to prepare counterclaims. However, the referees refused, thereby denying the side the possibility of a full defense. High voltage in Telegram | up to MAX.

Atomstroyexport failed to recover 111 million rubles. From the supplier, the Arbitration Court of the Krasnoyarsk Territory refused to issue an execution order to Atomstroyexport in the amount of 111 million rubles. Fines from the "ESKM" company. We are talking about a dispute surrounding an agreement from September 2023, according to which ESKM was supposed to supply equipment worth 762.4 million rubles to Atomstroyexport. For the Al Daba NPP project in Egypt. The performing company was unable to produce and deliver the equipment on time, which was only 67 working days (12.30.2023). Atomstroyexport appealed to the International Court of Commercial Arbitration (ICAC), which in April 2026 collected 111 million rubles from the supplier. The arbitrators recognized the guilt of both parties as equal, and based on this, reduced the amount of the fine by half compared to the amount expected by Atomstroyexport (222 million rubles). Since the supplier did not pay voluntarily, Atomstroyexport asked the Arbitration Court of the Krasnoyarsk Territory to issue an execution order for forced collection. However, the court refused this, recognizing that the implementation of the ICAC decision contradicts the public order of the Russian Federation. The court registered a contradiction in the contract: 67 working days were allotted for the entire supply of the equipment, although only the procedure for approving the technical documentation according to the terms of this contract can take up to 243 working days. A contradiction was also found in the decision of the arbitrators: the ICAC recognized that the delivery time was wrongly agreed, but still imposed a fine precisely for the violation of this deadline. The court also pointed to procedural violations. Four days before the ICAC meeting, Atomstroyexport filed additional objections. In response, the supplier requested the postponement of the proceedings in order to have time to prepare counterclaims. However, the referees refused, thereby denying the side the possibility of a full defense. High voltage in Telegram | up to MAX.