Tallinna Vesi Faces Legal Actions Over Water Tariffs Dispute
Legal Dispute Regarding Water Pricing by Tallinna Vesi
The Harju County Court is currently handling a claim lodged by AS Tallinna Sadam against AS Tallinna Vesi, focusing on compensation related to allegations of overpayment for water services. This legal action highlights concerns around the water pricing tariffs applicable during the years from 2011 to 2019.
Overview of the Claim Against Tallinna Vesi
The claim asserts that Tallinna Vesi overcharged a total amount of EUR 605,110, plus interest. Although this claim has now entered the legal system, it remains in its initial stages at the court of first instance. The company maintains that their pricing strategies have adhered to fair practices under the law.
Current Status of Related Legal Proceedings
It's worth noting that additional lawsuits with similar allegations are pending in various stages within the judicial system. Tallinna Vesi has been transparent about the developments related to these lawsuits, updating the public via announcements on the stock exchange as new information becomes available.
Position of Tallinna Vesi on the Proceedings
Tallinna Vesi stands firm in its position that the allegations against the company are unfounded. The pricing policies implemented by Tallinna Vesi are believed to comply with legal requirements and guidelines. The company has reassured stakeholders that the ongoing legal matters are not expected to have a significant adverse effect on financial results. The court has yet to validate any decision in this ongoing tariff dispute.
Contact Information for Legal Affairs
For any inquiries regarding this situation, individuals may contact Melika Kiilmaa, the General Counsel of AS Tallinna Vesi, at (+372) 626 2200 or via email at melika.kiilmaa@tvesi.ee.
Frequently Asked Questions
What is the basis of the claim against Tallinna Vesi?
The claim arises from allegations of overpayment for water services, specifically relating to pricing differences from 2011 to 2019.
How much is AS Tallinna Sadam claiming?
AS Tallinna Sadam is claiming EUR 605,110 plus accrued interest.
What stage is the legal process currently at?
The legal action is still in the early stages at the Harju County Court, with no final court decision rendered yet.
How has Tallinna Vesi responded to the allegations?
Tallinna Vesi believes the claims are unjustified and asserts that its tariffs comply with legal standards.
Will this legal dispute affect Tallinna Vesi's financial performance significantly?
According to the company, it does not anticipate that the ongoing legal proceedings will drastically impact its financial performance.
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