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Arbitration rules Finnish firm wrongly abandoned Hanhikivi nuclear deal with Rosatom

Original: ханхикиви

International arbitration has ruled that the Finnish company Fennovoima acted unlawfully when it terminated its contract with Rosatom to build the Hanhikivi-1 nuclear power plant in Finland. The decision revives a long-running dispute over the cancelled Russian-backed reactor project, which Finland scrapped after the invasion of Ukraine. Russian state media are presenting the ruling as a legal victory for Rosatom.

Why now: An arbitration ruling in Rosatom's favour over the cancelled Hanhikivi-1 nuclear project is new and politically sensitive.

RosatomHanhikivi-1FennovoimaFinland

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Evidence

• Международный арбитраж признал незаконным решение финской компании разорвать контракт с «Росатомом» на строительство АЭС «Ханхикиви-1» · The Insider

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