TVEAT AS Tallinna Vesi

Notice of court decision

Notice of court decision

On 21 April, Tallinn District Court passed a judgement, satisfying partially the appeal submitted by Jazz Pesulad OÜ, Olerex AS, Hotell Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sky OÜ, Kadrioru Ärikeskus OÜ, Solaris Keskus AS, Hotell Olümpia AS and Central Hotell OÜ against AS Tallinna Vesi. The decision of the District Court annulled the previous decision of the county court and sent the case to the same county court for a new review.

On 11 April 2023, the Harju County Court dismissed the claim by which Jazz Pesulad OÜ, Olerex AS, Hotel Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sky OÜ, Kadrioru Ärikeskus OÜ, Solaris Keskus AS, Hotell Olümpia AS and Central Hotell OÜ against AS Tallinna Vesi for the compensation of an allegedly overpaid price for the water services consumed.

On 21 April 2025, Tallinn District Court passed a judgement, which annulled the 11 April 2023 decision of the county court and sends the case to the same county court for a new review.

According to the authorised representative of Tallinna Vesi attorney-at-law Tanel Kalaus, the decision of the Tallinn District Court is an expected decision, which follows the guidelines given by the Supreme Court in another similar case (Tallinn University of Technology vs. Tallinna Vesi, civil case No 2-22-10417) (Look at Company´s earlier announcement on this topic here ). Since the county court in the claim qualified the applicants' claim as a claim for unjust enrichment, the same county court will have to assess the presumptions of the applicants' contractual claim for damages and also give its assessment of the limitation period when it re-examines the case.

On Tallinna Vesi´s opinion, the ongoing proceedings of action have no significant impact on the company´s financial results. 

Melika Kiilmaa

General Counsel

AS Tallinna Vesi

(+372) 62 62 200



EN
21/04/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AS Tallinna Vesi

 PRESS RELEASE

Notice of court decision

Notice of court decision On 21 April, Tallinn District Court passed a judgement, satisfying partially the appeal submitted by Jazz Pesulad OÜ, Olerex AS, Hotell Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sky OÜ, Kadrioru Ärikeskus OÜ, Solaris Keskus AS, Hotell Olümpia AS and Central Hotell OÜ against AS Tallinna Vesi. The decision of the District Court annulled the previous decision of the county court and sent the case to the same county court for a new review. On 11 April 2023, the Harju County Court dismissed the claim by which Jazz Pesulad OÜ, Olerex AS, Hotel Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sk...

 PRESS RELEASE

Teade kohtulahendist

Teade kohtulahendist Tallinna Ringkonnakohus langetas 21. aprillil otsuse, millega rahuldas osaliselt Jazz Pesulad OÜ, Olerex AS, Hotell Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sky OÜ, Kadrioru Ärikeskus OÜ, Solaris Keskus AS, Hotell Olümpia AS ja Central Hotell OÜ poolt Aktsiaseltsi Tallinna Vesi vastu esitatud apellatsioonkaebuse. Ringkonnakohtu otsus tühistas maakohtu varasema lahendi ja saatis asja samale maakohtule uueks läbivaatamiseks. 11. aprillil 2023 jättis Harju Maakohus rahuldamata hagi, millega Jazz Pesulad OÜ, Olerex AS, Hotell Euroopa OÜ, EfTEN SPV2 OÜ, EfTEN Sky OÜ, Kadrioru Ärike...

 PRESS RELEASE

Correction: AS Tallinna Vesi will hold an Investor Conference Webinar ...

Correction: AS Tallinna Vesi will hold an Investor Conference Webinar to introduce the results for the 1st quarter of 2025 AS Tallinna Vesi invites its shareholders, investors, analysts, and other stakeholders to join its investor conference webinar, introducing the results for the 1st quarter and 3 months of 2025. The webinar is scheduled for 25 April 2025 at 10:00 am (EET) and will be held in English. The webinar will be hosted by Aleksandr Timofejev, Chief Executive Officer, and Taavi Gröön, Chief Financial Officer. The questions will be answered by Aleksandr Timofejev and Taavi Gröön ...

 PRESS RELEASE

Parandus: AS Tallinna Vesi korraldab 2025. a esimese kvartali tulemust...

Parandus: AS Tallinna Vesi korraldab 2025. a esimese kvartali tulemuste tutvustamiseks veebiseminari Tallinna Vesi kutsub aktsionäre, investoreid, analüütikuid ja teisi huvilisi osalema ettevõtte 2025. aasta esimese kvartali ja kolme kuu tulemusi tutvustaval veebiseminaril 25. aprillil 2025 kell 10.00. Veebiseminar toimub inglise keeles. Tulemusi tutvustavad AS Tallinna Vesi tegevjuht Aleksandr Timofejev ja finantsdirektor Taavi Gröön. Aleksandr Timofejev ja Taavi Gröön vastavad küsimustele pärast presentatsiooni. Soovitame küsimused saata enne veebiseminari toimumist hiljemalt 25. aprilli...

 PRESS RELEASE

AS Tallinna Vesi will hold an Investor Conference Webinar to introduce...

AS Tallinna Vesi will hold an Investor Conference Webinar to introduce the results for the 1st quarter of 2025 AS Tallinna Vesi invites its shareholders, investors, analysts, and other stakeholders to join its investor conference webinar, introducing the results for the 1st quarter and 3 months of 2025. The webinar is scheduled for 25 April 2025 at 10:00 am (EET) and will be held in English. The webinar will be hosted by Aleksandr Timofejev, Chief Executive Officer, and Taavi Gröön, Chief Financial Officer. The questions will be answered by Aleksandr Timofejev and Taavi Gröön after the pr...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch