Arbitral award of the ICC Geneva in favour of the consortium in the former Algeria project
centrotherm international AG, Blaubeuren, (ISIN: DE000A1TNMM9 and DE000A1TNMN7): In its arbitration award, the International Court of Arbitration (ICC) in Geneva confirms the right to repayment obligation of the former Algerian customer towards the project consortium in the amount of a low double-digit million sum. The court ruling will only be reflected in the financial statements for the 2021 financial year.
centrotherm international AG
Württemberger Str. 31
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Inclusion: Open Market (Basic Board), Frankfurt Stock ExchangeStock Exchange Corporate domicile: Germany
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