Supreme Economic Court of Ukraine dismisses Gazprom appeal

Supreme Economic Court of Ukraine dismisses Gazprom appeal

The Supreme Economic Court of Ukraine has dismissed an appeal by Gazprom on collecting a UAH 172 billion fine from the company for misusing its official position.

"The court established that the ruling of Kyiv Economic Court dated December 5, 2016 and the ruling of Kyiv Appellate Economic Court dated February 22, 2017 will remain unchanged and Gazprom's appeal will not be considered," Presiding Judge Valentyn Paliy said.

We recall that on January 22 last year AMC fined "Gazprom" for 86 billion hryvnia for abuse of dominant position in the market for gas transit.

The notification of payment of a fine was sent on March 4. The Russian company has not paid it on time, so on October 5, when the claim was filed on enforcement, the amount of the fine increased twofold