«Rosneft» and AFK «System» filed in the court approving the settlement agreement

© RIA Novosti / Evgeny to Betemporary in fotobabbles with the logo of Rosneft. Archival photo«Rosneft» and AFK «System» filed in the court approving the settlement agreement© RIA Novosti / Evgeny to Betemporary the image Bank

«Rosneft», «Bashneft», Bashkortostan, Sistema and its subsidiary company «System-invest» has submitted to Arbitration court of Bashkiria the statement approving the settlement agreement, the filing of the court.

The statement approving the settlement agreement dated 25 Dec.

In the evening of 22 December the parties announced that it has entered into a settlement agreement, under which Sistema JSFC undertakes to pay Bashneft 100 billion rubles no later than 30 March 2018 with the support of the Russian direct investment Fund (RDIF) and Sberbank. After paying this amount, the parties undertake to renounce mutual claims.

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