The management of the Netherlands’ largest shipbuilding company Damen demanded local compensation for losses incurred due to anti-Russian sanctions BloombergCiting company spokesman Rick van de Wegh.
The publication says that the company filed a lawsuit against the government in a Rotterdam court on May 10 with related claims. The case will continue in 2024.
The family business Damen Shipyard was founded in 1927 and builds a wide range of ships. It signed contracts with Russian buyers before the imposition of sanctions.
“Following the introduction of sanctions (against Russia – socialbites.ca), the Dutch government decided that such contracts may not be fulfilled by local business. The government did not offer compensation to Damen for this damage,” said Rick van de Weg.
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