PESA has filed a lawsuit against Uraltransmash in the Arbitration Court of the Sverdlovsk Region for €55 million

Pesa Bydgoszcz has approached the Arbitration Court of the Sverdlovsk Region with a lawsuit against JSC “Ural Transport Engineering Plant” (Uraltransmash), seeking recognition and enforcement of the 2021 decision of the Arbitration Institute of the Stockholm Chamber of Commerce for the recovery of a debt from the Russian company amounting to €55 million, this is reported by the railway transport news portal Railway Supply.

The legal dispute between the companies arose during the execution of a contract for the supply of low-floor three-section tram cars by PESA ordered by the Moscow government.

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The contract, concluded in 2012, provided for the supply of 120 trams to be produced at the facilities of PESA and Uraltransmash.

As a result of the tender, the final contract price between Uraltransmash and Moscow was set at 8.46 billion rubles (70.5 million per tram).

The contract value between Uraltransmash and PESA was €148.73 million (approximately 5.95 billion rubles at the exchange rate at that time).

The first deliveries began in 2014, but due to the devaluation of the ruble in 2016, the contract volume was revised – the number of trams to be supplied was reduced to 70 units.

Following the change in the originally agreed delivery volumes, Pesa Bydgoszcz made financial claims.

The contract terms provided for the dispute between the parties to be resolved at the Arbitration Institute of the Stockholm Chamber of Commerce (SCC), so in 2018, PESA filed a lawsuit against Uraltransmash in the Stockholm court.

According to PESA’s calculations, the total claim amounted to €55.2 million, of which €18.4 million was for the unpaid cost of the tram cars, with the rest being interest and penalties accrued in 2018-2020.

The dispute between the companies in the Stockholm arbitration concluded in May 2021 in favor of PESA, but the Supreme Court of the Russian Federation ruled that the case of the Polish company and Uraltransmash could not be resolved in international courts due to the effect of anti-Russian sanctions and should be considered in a Russian court.

PESA’s statement to the Arbitration Court of the Sverdlovsk Region has already been accepted, and the motion to involve the Prosecutor of the Sverdlovsk Region and the Prosecutor General of the Russian Federation in the case was also granted.

Uraltransmash emphasized that the proceedings would be held in a closed format. The first hearing is scheduled for July 9.

Earlier, it was reported that more than 30 Pesa Fokstrot trams, delivered under this contract and decommissioned in Moscow at the end of 2023, would be transferred to Ufa.

Photo: rajon-pride.livejournal.com

Source: tzdjournal

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