Latest development Jun 30, 2026
GAR reported that an ICSID tribunal ordered Ukraine to pay $71M plus interest to two Rusal subsidiaries.
The award
- Amount awarded
- $71M plus interest. The tribunal rejected most of a claim worth over $1B.
- Award holder
- Two subsidiaries of Rusal, the Russian aluminum group (names not verified)
- Respondent
- Ukraine
- Forum
- ICSID · renationalization of a mechanical plant in Ukraine
Challenges
None reported.
Enforcement
None reported.
Recovered to date
None reported
Notes
Claimant entities, ICSID case number, award date and the plant concerned not verified. Payment not verified.