Tallinna Vesi
Tallinn Administrative Court appointed time for the court session with regard to the tariff dispute between AS Tallinna Vesi and the Competition Authority
DGAP-News: Tallinna Vesi 07.01.2015 / 08:30 --------------------------------------------------------------------- AS Tallinna Vesi informs its shareholders that Tallinn Administrative Court has appointed time for the court session with regards to the tariff dispute between AS Tallinna Vesi and the Competition Authority. The court will start hearing the matter at a court session taking place on 30th of January 2015. The Competition Authority has refused to approve the tariff applications for water services submitted by AS Tallinna Vesi since May 2011, despite of the fact that in 2012 Estonian courts have deemed the tariffs part of the Services Agreement signed between AS Tallinna Vesi and the City of Tallinn in 2001 to be an administrative agreement. Under the Administrative Procedure Act, the state must follow the administrative agreement until the agreement is amended or repealed. Administrative Court needs to assess whether the Services Agreement signed between AS Tallinna Vesi and the City of Tallinn is binding to Competition Authority. Mariliis Mia Topp AS Tallinna Vesi Head of Communications Tel: (+372) 62 62 275 mariliismia.topp@tvesi.ee News Source: NASDAQ OMX --------------------------------------------------------------------- 07.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tallinna Vesi Estonia ISIN: EE3100026436 End of News DGAP News-Service --------------------------------------------------------------------- 310405 07.01.2015
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