{"id":434442,"date":"2026-11-06T14:15:00","date_gmt":"2026-11-06T14:15:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/notice-of-settlement-agreement\/"},"modified":"2026-11-06T14:15:00","modified_gmt":"2026-11-06T14:15:00","slug":"notice-of-settlement-agreement","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/notice-of-settlement-agreement\/","title":{"rendered":"Notice of Settlement Agreement"},"content":{"rendered":"

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Today,\u00a0<\/b>6 November<\/b> 2026, AS <\/b>Tallinna<\/b> Vesi reached an out-of-court settlement with Solaris Keskus O\u00dc in the water price difference dispute. <\/b>The parties have entered into settlement agreement pursuant to which the claimant will withdraw their claim.<\/b>\u00a0<\/p>\n

This settlement follows the earlier out-of-court resolutions of the disputes with Tallinn University of Technology, Aktsiaselts Tallinna Sadam, Aktsiaselts Olerex, EfTEN SPV2 O\u00dc, EfTEN Sky O\u00dc and Kadrioru \u00c4rikeskus O\u00dc. Tallinna Vesi seeks to resolve all remaining court cases related to water price difference claims from the previous decade on similar principles.\u00a0<\/p>\n

Under the agreement, Solaris Keskus O\u00dc will discontinue their claim, while Tallinna Vesi will make settlement payment of \u20ac101,545, an amount broadly equivalent to 50% of the claimant\u2019s principal claim and will reimburse the agreed ancillary costs and legal costs.\u00a0<\/p>\n

“The aim of Tallinna Vesi is to settle the remaining court cases dating back to the previous decade,\u201d explained Taavi Gr\u00f6\u00f6n, Chief Financial Officer of Tallinna Vesi. \u201cWe wish to \u00a0avoid further years of litigation and additional costs, and \u00a0focus our attention and resources on delivering an essential water service and supporting the Company\u2019s long-term development. This is particularly important in the current geopolitical climate.\u201d\u00a0<\/p>\n

The costs associated with the settlement will be covered by provisions established in previous reporting periods.\u00a0<\/p>\n

Taavi Gr\u00f6\u00f6n\u00a0
Chief Financial Officer\u00a0
AS Tallinna Vesi\u00a0
(372) 62 62 200\u00a0<\/p>\n

taavi.groon@tvesi.ee<\/a>\u00a0<\/p>\n

\"\"\n <\/div>\n","protected":false},"excerpt":{"rendered":"

Today,\u00a06 November 2026, AS Tallinna Vesi reached an out-of-court settlement with Solaris Keskus O\u00dc in the water price difference dispute. The parties have entered into settlement agreement pursuant to which the claimant will withdraw their claim.\u00a0 This settlement follows the earlier out-of-court resolutions of the disputes with Tallinn University of Technology, Aktsiaselts Tallinna Sadam, Aktsiaselts […]<\/p>\n","protected":false},"author":3,"featured_media":32873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[],"class_list":["post-434442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/434442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=434442"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/434442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/32873"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=434442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=434442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=434442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}