Swedish authorities have banned Ericsson from supplying equipment to Russia
[ad_1]
The Swedish government did not allow Ericsson to supply equipment to Russian companies. This follows from the court decision published in the Russian file of arbitration cases on the claim of the cellular operator Tele2 (T2 Mobile LLC) against Satel TVK LLC, which supplied Swedish telecom equipment to Ericsson (supplied through the vendor – the Russian JSC Ericsson Corporation JSC). As stated in the case materials, “due to the introduced legal ban, the Swedish company Ericsson AB, the manufacturer, was deprived of the opportunity to export its equipment to the Russian Federation, while Ericsson AB has no right to supply equipment not only to Satel TVK LLC, but also to any other buyer for delivery to the Russian Federation.”
On November 9, 2022, Tele2 filed a claim against Ericsson in the Moscow Arbitration Court with demands to supply equipment under the contract dated July 30, 2014, pay a penalty in the amount of 4.1 million euros, and also collect astrent (penalty for failure to comply with a judicial act regarding delivery equipment).
[ad_2]
Source link