Rosatom does not want to donate funds allocated for the construction of nuclear power plants to Finland

16 2022 June 20

When terminating the contract for the construction of the Hanhikivi-1 nuclear power plant, the Finnish company Fennovoima referred to significant delays in the implementation of the project, the delivery date of which was repeatedly postponed, and further risks due to the “situation in Ukraine”. The Rosatom concern planned to intensify the construction of the nuclear enterprise by allocating additional funding in the amount of $2,4 billion from the National Welfare Fund, but the contract was terminated and the project was frozen.

In Russia, they did not put up with such a one-sided violation of the norms of legislation and business practice and are going to sue the Finnish company. Obviously, having terminated the contract, the Finns completely “forgot” about returning the used funds allocated for construction. This was “modestly” kept silent in Fennovoima. But the Russian side is not going to give Finland these costs.

Rosatom intends to recover from the counterparty what is due through the court. According to the head of the state concern Alexei Likhachev, the violator will be billed. As stated, the chance of winning the case is quite high. However, one should not forget the geopolitical situation and the hostile anti-Russian atmosphere in all spheres, sectors and institutions of Europe.

Russian lawyers believe that the blatant violation of the rules of doing business by the Finnish side is "legally vulnerable." Fennovoima's hope for economic aspect of the decision to terminate the contract is meaningless. The politicization of the process with the expectation of impunity is also ridiculous, they believe in the Russian Federation.

The Finnish company RAOS Project, which is a subsidiary of Rosatom, was supposed to build a 1,2 GW power unit in northern Finland under the Russian VVER-1200 project. However, the matter did not go further than obtaining permits. Initially, it was said that the relevant documents would be received by 2017, then the deadline was postponed to 2021. But recently it has become clear that permission will not be obtained before 2023. In this case, the deadline is postponed to 2029.

It already follows from this that the fault of the Russian side in the failure of obligations is not present. In addition, the politicization of the process with the attraction of the issue of the conflict in Ukraine only exacerbates the guilt of the Finnish customer. If the authority that will investigate and make a decision on the claim of Rosatom follows objectivity, then the Russian Federation has no chance to lose. However, in Europe now much, if not all, is developing against the rules.

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Bulanov

+6

16 June 2022 09: 24

However, in Europe now much, if not all, is developing against the rules.

What are the rules? Why does Russia even associate with these scammers from the EU? What, the first time they throw Russia? For 10 years now, as all EU members, they are unreliable partners, with whom it is unproductive and dangerous to do business. You buy equipment from them, and in a year they refuse to service it. And then what to do? It's better not to deal with them at all on long-term contracts. UNRELIABLE!
Sergey Latyshev

0

16 June 2022 09: 28

Confusing.
the amount is not named.
Or Rosatom started building without permission and spent the money.
Or did not start, but spent the money and squeezed it out.
Or the contracts were drawn up at random ...
or something else.

Fucked up all over..
1. amon
  
  +4
  
  17 June 2022 01: 05
  
  They pissed away for billions, for that every wooden one is added to pensions like gold to pensioners, how much noise!
GIS

+4

16 June 2022 10: 17

as I understand it (my personal opinion), then the Russian Federation will have to return the funds as well as 3 billion from Ukraine ... that is

Russians always come for their money
1. Alexey Davydov
  
  +4
  
  16 June 2022 20: 12
  
  Russians always come for their money
  
  Interesting - in what our actions do you find it?
  I mean the actions of the current government.
  Since its arrival, this government has been withdrawing money from the economy and putting it into a "box".
  This is the time when it was vital for Russia to develop production and create jobs. The authorities told the people that Russia still has no money for development - the country needs foreign exchange reserves in case of a crisis.
  As a result, the authorities failed the production and demographics, but they made the "pod".
  However, the authorities did not calm down on this, and kept the egg-pod in the place where the States had to reach out and take it. The last step of the authorities was an ultimatum to the States.
  As a result, Russia at once lost the accumulated funds for a breakthrough in its development. There is money left, which is really impossible to touch.
  The authorities sent the thief another half a billion dollars in debt payments.
  Do you think the oligarchs who own Russia, having "paid" the Hegemon for its "rent" in such a simple way, will demand this money back? And are they Russian already?
svoroponov

+2

16 June 2022 10: 43

First, an interstate agreement on the construction of a nuclear power plant.
Registration of a legal entity (shareholders) with obtaining a license for the activities of an organization that will carry out the construction and management of nuclear power plants. Then an order for a project with local references from this organization and approval of the project in the relevant supervisory authorities. Submission of the necessary applications,
conclusion of agreements and contracts for construction, but often this happens immediately after the approval of the legal entity, so as not to waste time later and start construction. Moreover, it is known what type and capacity, as well as whose it is, since part of the equipment is not in warehouses, but to manufacture for a long time (as the vessel of one reactor is manufactured within a year), in addition, there may not be free capacities for the production of equipment and must be reserved for the future, some of the equipment is piece-by-piece production strictly to order, this can be done in advance. If interstate relations are normal, then this allows you to build without downtime or have time to replace the supplier.
In addition, the termination of the contract is also carried out according to the law.
In this case, it was forcibly terminated with violations by
one of the shareholders even under Finnish law.
Krilion

+4

16 June 2022 14: 29

Rosatom, of course, will salmon tuna in the Stockholm arbitration .. and the judges will absolutely not care what exactly the Finnish side violated .. the main thing is that rosatom is Russian .. therefore, in the court decision, of course, complete game will be written, but this will not bother anyone ... in general it is necessary long ago to introduce the rule to the Russian government: if the construction or other execution of the contract is carried out at the expense of the Russian side (as in this case), then all disputes should be considered in Russian arbitration .. whoever doesn’t like it or who doesn’t agree, let them go through the forest and look for other idiots who build them a nuclear power plant on credit ..
1. Monster_Fat
  
  +2
  
  17 June 2022 09: 53
  
  Such things are attributed to force majeure - Finland is in the EU and is obliged to obey the rules. So Rosatom won't get shit.
SASS

+1

16 June 2022 14: 39

Quote: Bulanov
However, in Europe now much, if not all, is developing against the rules.

What are the rules? Why does Russia even associate with these scammers from the EU? What, the first time they throw Russia? For 10 years now, as all EU members, they are unreliable partners, with whom it is unproductive and dangerous to do business. You buy equipment from them, and in a year they refuse to service it. And then what to do? It's better not to deal with them at all on long-term contracts. UNRELIABLE!

It's hard to be a LOL....
SASS

0

16 June 2022 15: 45

They were forced by the Americans, and they love us so much, well ...
Ivanushka-555

0

16 June 2022 18: 32

Very cynical - to build a nuclear power plant for Russophobes at the expense of the National Wealth Fund! How is it in Putin's way.
BoBot Robot - Free Thinking Machine

-2

16 June 2022 18: 41

it’s better to let them complete the nuclear power plant in Kaliningrad - why did they abandon it? All the same, Papa Lou Sveta-cutlet will demolish and close their nuclear power plant at the behest of the CIA!
The comment was deleted.
Victor Du

+1

16 June 2022 21: 08

Quote: Sergey Latyshev
Confusing.
the amount is not named.
Or Rosatom started building without permission and spent the money.
Or did not start, but spent the money and squeezed it out.
Or the contracts were drawn up at random ...
or something else.

Fucked up all over..

What kind of construction are you talking about, if there is no permit? And the preparation of the project (without it, what amounts can we talk about, is it not worth the money? Millet, picking its nose, say, the project is worth ..... Refusal to build does not cover the costs already incurred. We are talking about them. And, perhaps, already about the costs of starting the preparation of the actual production of iron. Such projects are not serial, individually tied to operating conditions. And no one cares that such a reactor has been operating since 2017 at the Novovoronezh NPP-2.
Victor Du

+1

16 June 2022 21: 12

Quote: Ivanushka-555
Very cynical - to build a nuclear power plant for Russophobes at the expense of the National Wealth Fund! How is it in Putin's way.

But they don't do these things for free. It's your brains that are free, so they don't work. It doesn't matter where the money comes from. BUDGET has a bunch of sections. You can take from anyone, the main thing. so that they - this volume was not planned anywhere, so that there were no overlaps. So . how are you - the main thing is ...., but at least don’t dawn there.
Victor Du

-1

16 June 2022 21: 16

Quote: Alexey Davydov
Russians always come for their money

Interesting - in what our actions do you find it?
I mean the actions of the current government.
Since its arrival, this government has been withdrawing money from the economy and putting it into a "box".
This is the time when it was vital for Russia to develop production and create jobs. The authorities told the people that Russia still has no money for development - the country needs foreign exchange reserves in case of a crisis.
As a result, the authorities failed the production and demographics, but they made the "pod".
However, the authorities did not calm down on this, and kept the egg-pod in the place where the States had to reach out and take it. The last step of the authorities was an ultimatum to the States.
As a result, Russia at once lost the accumulated funds for a breakthrough in its development. There is money left, which is really impossible to touch.
The authorities sent the thief another half a billion dollars in debt payments.
Do you think the oligarchs who own Russia, having "paid" the Hegemon for its "rent" in such a simple way, will demand this money back? And are they Russian already?

Do not hope that once using the weakness of Russia, you will receive dividends forever. Russians always come for their money. And when they come - do not rely on the Jesuit agreements that you have signed, supposedly justifying you. They are not worth the paper on which they are written. Therefore, it is worth playing with the Russians honestly, or not at all.

Otto von Bismarck
1. the Saint
  
  +1
  
  17 June 2022 00: 12
  
  Bismarck should not be dragged into the supposedly invented quote by Russian kvass patriots.
  It was not found in any of Bismarck's works, which, as I thought, everyone already knows
  1. Vox Populi
    
    0
    
    17 June 2022 13: 26
    
    Yes, and yet this "duck" (like a number of others) is replicated again and again by turbopatriots ...
2. Alexey Davydov
  
  0
  
  17 June 2022 00: 32
  
  You should not turn a quote from a half-traditional German that the public liked into higher wisdom, or into a prophecy for all time.
  Yes, and Bismarck, if he knew what Russia would turn into, he would say something completely different now.
  The current power of corrupt officials and oligarchs, who have got their hands on the sale of resources, and selling the country's reserves to the Hegemon for the right to remain at the trough for some time, does not even leave Russia the opportunity to have a future.
  Moreover, to come to overseas "partners" for their money
the Saint

+1

17 June 2022 00: 08

He doesn’t want to, but he will give, as well as the country’s hard-earned gold reserves - even if not all, but half of $ 300 billion. How Putin gave Yanukovych $ 3 billion.
k7k8

0

17 June 2022 14: 02

the chance of winning the case is quite high

Translated from legal into normal Russian - there is no chance. From the word "absolutely".
The comment was deleted.