Privately owned passenger train operator Edelaraudtee has been awarded by a court of law EUR 2.1 mln in damages due to the premature termination of a contract by the the Estonian government. The company is not satisfied with the amount of the compensation and will appeal the decision.
Edelaraudtee has previously said that it is demanding the state to pay 5 mln euros for the premature termination of their passenger transport contract. “The loss of Edelaraudtee due to a prematurely termination of the contract is EUR 4,975,507. The size of the loss was calculated by an international auditing company. The final amount of the loss might change and depends on various circumstances, including the next steps of the Ministry of Economic Affairs and Communications,” a spokesperson for the company had said in 2013.
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