AFK «System» ready for a settlement agreement with Rosneft

© RIA Novosti / Ramil to Setdiscoverable in fotobounce company AFK Sistema. Archival photoAFK «System» ready for a settlement agreement with Rosneft© RIA Novosti / Ramil to Setdiscoverable the image Bank

AFK «System» I am sure that with constructive work together with «Rosneft» settlement agreement «Bashneft» may said RIA Novosti President AFK Michael Shamolin.

Sistema had earlier announced that it has filed an appeal against the decision of the Bashkir court under the claim «Rosneft», vzyskatel Corporation 136,3 billion rubles in favor of «Bashneft». Press Secretary of «Rosneft» Mikhail Leontyev said that the company considers the fact that the appeal of AFK «Sistema» in the absence of her proposals for the world as a unilateral refusal of the agreement.

In AFK «System» on the contrary, stated that an appeal is a step towards reaching an agreement.

«The appeal is not only the unilateral withdrawal of the AFC from the settlement agreement, but rather is a prerequisite for its conclusion, as only the court can approve such an agreement. Without the filing of a complaint in the court of second instance the court of first instance enters into force automatically. In this regard, I want to be clear — the AFC is interested and ready to conclude the agreement with Rosneft, although its terms are negotiable, we are confident that by working constructively together with the plaintiff, we can realize expectations, marked by our President,» said Shamolin.

The arbitration court of Bashkortostan, 23 Aug partially satisfied the claim of «Rosneft» to recover from AFK «System» for damages caused by the Bashkir oil company in 2014 with its restructuring. The court ordered in favor of «Bashneft» 136,3 billion, not 170,6 billion rubles as demanded by the plaintiffs. In September Vladimir Putin, commenting on the trial, noting that he expects the amicable agreement of the parties to the dispute. According to the head of the state, it would benefit both companies and the economy as a whole.

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