Standard learned about the lawsuit of Deripaska's company against the Austrian concern Strabag

Deripaska, through the Cypriot Rasperia Trading Limited, owns 27.8% of the Austrian Strabag. According to the newspaper,

The Cypriot company Rasperia Trading Limited, controlled, according to the newspaper Der Standard, by Oleg Deripaska, filed a lawsuit with the Austrian city of Klagenfurt against the large Austrian construction concern Strabag.

According to the publication, the reason for the lawsuit was the decision of the board of the Austrian concern, a 27.8% stake in which belongs to Rasperia Trading Limited, to terminate cooperation with this company due to the inclusion of Deripaska and his enterprises in the EU sanctions list.

In particular, at an extraordinary meeting of the company's shareholders, it was decided to revoke Rasperia's voting rights and suspend dividend payments. In addition, according to the newspaper, members of the Strabag Supervisory Board from Rasperia Thomas Bull and Herman Melnikov were fired.

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Strabag confirmed the filing of a lawsuit by Rasperia and said that the concern is "well prepared for litigation."

Strabag is one of the leading European construction concerns. In addition to the main markets of Austria and Germany, the concern has subsidiaries in all Eastern European countries, in the markets of Western Europe, on the Arabian Peninsula. The company employs 75 thousand employees.

The EU imposed sanctions against Deripaska, Gref and 214 other Russians Politics

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On April 8, the European Union introduced the fifth package of sanctions against RUSSIA. Under the restrictions were 216 Russians, among whom was Oleg Deripaska. Also, EU sanctions include a ban on the purchase of Russian coal, a ban on ships flying the Russian flag to enter EU ports, restrictions on the transportation of goods through the territory of the association and other EXPORT restrictions.

In early March, Deripaska said that against the backdrop of a military special operation in Ukraine, Russia was facing a “severe” crisis for at least three years. “Small and medium businesses, mortgages, all issues related to the development of agriculture - all this needs to be financed. Otherwise, we will fly by minus 20% of GDP, but we experimented with this in the 1990s, ”he noted.