Rosatom has pursued six lawsuits aimed at terminating Finland’s nuclear power plant contract, a claim that totals around $3 billion. This update comes from DEA News, reflecting the company’s own statements. News.
In an interview, Joachim Specht clarified that Rosatom has already initiated formal legal actions. He stated that claims Rosatom has not started a formal litigation process are inaccurate, and that six lawsuits seeking significant compensation are already in motion, totaling about $3 billion. News.
Specht, who formerly led Fennovoima as CEO, described a case where a Finnish company seeks roughly €2 billion in damages from a Russian state-backed agency over the unfinished Hanhikivi-1 nuclear project. He noted that the Rosatom subsidiary involved in the project, Project RAOS, faced challenges operating in a foreign market, and that the ongoing military conflict in Ukraine further complicated the situation. News.
He predicted that Rosatom might respond with further legal steps and warned that the litigation could span several years, potentially reshaping negotiations around the halted project. News.