Russian Court Orders RBI Unit to Pay €342 Million Penalty
Raiffeisen Bank International said a Russian court ordered a local unit to pay an additional €342 million to Rasperia in a dispute involving Strabag.
Raiffeisen Bank International (RBI) said on Tuesday that a Russian court ordered its local unit to pay an additional penalty of €342 million to Russian firm Rasperia. The order is part of a long-running dispute involving construction company Strabag.