TIU Canada (Ekotechnik Nikopol) dismantled the equipment of its solar power plant in Nikopol due to an unresolved conflict with Nikopol Ferroalloy Plant (NFP), according to a material on the Voice of America website.
A Canadian company is dismantling one of its multimillion-dollar solar investments in Ukraine following a dispute with a powerful tycoon believed to be close to the presidential administration in a case that has underscored the former Soviet state's troubled investment climate.
The Supreme Court suspended consideration of the cassation appeal of PrivatBank (Kyiv) against rulings of the lower courts on recognizing as terminated the obligations of Nikopol Ferroalloy Plant JSC (NFP, Dnipropetrovsk region) under one of the loan agreements before the bank pending consideration of a similar case by the Grand Chamber.