**FINLAND LEFT WITHOUT A NUCLEAR POWER PLANT: ROSATOM WON A MULTI-YEAR COURT CASE**

**The Finnish company Fennovoima decided to withdraw from the Hanhikivi-1 nuclear power plant project**, which it was supposed to build together with Rosatom.

 **In May 2022, it terminated the contract, citing delays on the Russian side and the worsening political situation.**In the dispute, **the Finnish company sought recognition that its refusal was lawful: claiming the contract was terminated with good reason**, and that claims should not be directed at them.

 But, according to Rosatom, **international arbitration ruled the opposite — the unilateral termination was unlawful.**



> "Today's victory is important, but not final. We will continue to prove our case on the Finnish project in courts of various instances," — said Rosatom CEO Alexey Likhachev.


**For the Russian side, this is above all grounds to seek compensation for damages due to the disrupted project** — the arbitration established that at the time of contract termination, work was progressing, including the obtaining of a construction license.

Incidentally, **if Finland had not abandoned the construction, the country could already have received a state-of-the-art nuclear power plant**, and with it, inexpensive electricity. But **the principle of shooting oneself in the foot in Europe has long been ahead of common sense.** So there's nothing to be surprised about. They have only themselves to blame.

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