Siemens Ordered to Pay ?648 million to ExPartner in Nuclear Energy Technology

Earlier this month, an arbitral tribunal of the International Chamber of Commerce (ICC) ruled on the modalities of Siemens? exit from the nuclear power joint venture Areva NP. According to the tribunal?s ruling, Siemens had not fully met its contractual obligations toward its former joint venture partner Areva S.A. Consequently Siemens will have to pay [...]

Source: http://www.solarthermalmagazine.com/2011/05/26/siemens-ordered-to-pay-e648-million-to-expartner-in-nuclear-energy-technology/

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