TVEAT AS Tallinna Vesi

The Supreme Court partially satisfied the cassation of Tallinn University of Technology

The Supreme Court partially satisfied the cassation of Tallinn University of Technology

Today, the Supreme Court made a judgment by which annulled the decisions made by the lower courts in this case and sent the case back to the same county court for a new review.

The Supreme Court accused the lower courts of erroneously taking the view that the plaintiff's claim was not justified under the damage’s provisions. The Supreme Court found that after the entry into force of the Public Water Supply and Sewerage Act (ÜVVKS) (01/10/2010), AS Tallinna Vesi should have established a price that meets the criteria of § 14 (2) of the ÜVVKS within a reasonable time. During the re-examination of the case, the county court must assess what is a reasonable time to establish a price in accordance with the law. In addition, the county court must assess whether the water price applications submitted by AS Tallinna Vesi to the Competition Authority during the litigation met the criteria of § 14 (2) of the ÜVVKS, i.e. whether the violation of ASTV's obligations could have been excusable due to the activities of the Competition Authority. The Supreme Court is based on the assumption that the justified price was the price established on 01/12/2019, and the parties can prove in the county court that it was higher or lower, respectively.

AS Tallinna Vesi did not admit this claim and disputed it in full from the start, by affirming that the company has always acted legitimately and applied fair tariffs in accordance with the law in force.



Taavi Gröön

Chief Financial Officer

AS Tallinna Vesi

(+372) 626 2271



EN
25/06/2024

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

AS Tallinna Vesi held an investor conference webinar to introduce the ...

AS Tallinna Vesi held an investor conference webinar to introduce the results of the fourth quarter of 2025 Today, on 6 February 2026, AS Tallinna Vesi held an investor conference webinar where Chairman of the Management Board, Chief Executive Officer Aleksandr Timofejev, and Member of the Management Board, Chief Financial Officer Taavi Gröön, introduced the performance of the 4th quarter of 2025. We thank all the participants! Webinar recording is available and the presentation is available . AS Tallinna Vesi´s financial and operational results for the 4th quarter of 2025 are available ...

 PRESS RELEASE

AS Tallinna Vesi korraldas 2025. aasta neljanda kvartali tulemuste tut...

AS Tallinna Vesi korraldas 2025. aasta neljanda kvartali tulemuste tutvustamiseks veebiseminari Täna, 6. veebruaril 2026 toimus veebiseminar, kus ettevõtte juhatuse esimees ja tegevjuht Aleksandr Timofejev ning juhatuse liige ja finantsjuht Taavi Gröön tutvustasid ettevõtte 2025. aasta neljanda kvartali tulemusi. Täname kõiki osalejaid! Huvilistele on veebiseminari salvestus kättesaadav ja seminari presentatsiooni leiab . AS-i Tallinna Vesi 2025. aasta neljanda kvartali finants- ja tootmistulemustega saab tutvuda . Lisainfo:  Taavi GröönFinantsdirektorAS Tallinna Vesi(+372) 626 2200 ...

 PRESS RELEASE

Tallinna Vesi’s fourth-quarter sales reached €18.9 million

Tallinna Vesi’s fourth-quarter sales reached €18.9 million The sales of AS Tallinna Vesi in the fourth quarter of 2025 were €18.9 million, up by 5.9% compared to the same period last year. Growth in revenue was mainly affected by price changes related to investments.  In the fourth quarter, investments amounted to €18.6 million, which is 15.6% more than in the same period of 2024. Aleksandr Timofejev, the CEO of Tallinna Vesi, said that in the fourth quarter the company moved ahead with planned investments and was reassured that its earlier environmental investments had put it on the right...

 PRESS RELEASE

Tallinna Vee müügitulu ulatus neljandas kvartalis 18,9 miljoni euroni

Tallinna Vee müügitulu ulatus neljandas kvartalis 18,9 miljoni euroni AS-i Tallinna Vesi müügitulu oli 2025. aasta neljandas kvartalis 18,9 miljonit eurot, suurenedes võrreldes möödunud aasta sama perioodiga 5,9% võrra. Tulude kasvu mõjutas enim investeeringutega kaasnenud hinnamuutus.  Neljandas kvartalis tehti investeeringuid 18,6 miljoni euro ulatuses, mis on 15,6% võrra rohkem kui 2024. aasta samal perioodil. Tallinna Vee tegevjuht Aleksandr Timofejev ütles, et neljandas kvartalis liikus ettevõte edasi planeeritud investeeringutega ning sai kinnitust, et varasemalt tehtud keskkonnainve...

 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 4th 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 4th quarter and 12 months of 2025. The webinar is scheduled for 6 February at 11:00 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 pres...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch