Region: Finland
Finnish state entity brings ICC claim over Russian wind farms
A Finnish state-owned energy company has launched a €200 million ICC arbitration against a Danish wind turbine manufacturer over its termination of Russian projects following the invasion of Ukraine – prompting allegations that the case “undermines EU sanctions”.
12 April 2023
Roschier promotes in Helsinki
Finnish-Swedish firm Roschier has promoted Laila Sivonen, who advises on commercial arbitration and compliance investigations, to the partnership in Helsinki.
24 February 2023
Gazprom sheds light on dispute with Finnish gas buyer
Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.
17 November 2022
Finland Remains Reliable Place of Arbitration
Featured in The European Arbitration Review 2023
11 November 2022
Rosatom faces disputes over Finnish and Turkish projects
Rosatom is bringing several ICC cases and potentially also a treaty claim over the termination of its contract for a Finnish nuclear power plant, GAR has learned, as the Russian state entity is threatened with arbitration by a Turkish contractor over another politically sensitive project.
03 August 2022
Russian state entity plans claim over Finnish nuclear project
Russian state entity Rosatom is preparing to launch an arbitration against a Finnish company that cited the war in Ukraine when it terminated a contract for work on a €7 billion nuclear power plant project.
22 July 2022
Funder sues treaty claimant after settlement with Egypt
A disputes funder that provided initial financing for an investment treaty claim against Egypt before going bankrupt is now suing the successful claimant for a share of the settlement proceeds.
20 May 2022
Gazprom faces first arbitration over roubles demand
Finland’s state-owned gas company has said it is bringing an arbitration against Gazprom’s export arm – the first reported case arising from Russia’s demand that gas supplies be paid for in roubles.
18 May 2022
Roschier’s Helsinki head goes solo
Gisela Knuts is leaving her role as head of Roschier’s Helsinki office to practise as an independent arbitrator – as the firm promotes Carl Persson to partner in Stockholm.
18 February 2022
Chinese investor brings first treaty claim against Finland
An UNCITRAL tribunal is hearing the first known investment treaty claim against Finland, brought by a Chinese investor who was detained and had his business centre raided and shut down on suspicion it was facilitating illegal immigration.
01 December 2021