Strabag says Rasperia seeking $2.1 billion in compensation in Russian court

(Reuters) – Austrian construction company Strabag said on Friday that Russian investment holding company Rasperia had filed a lawsuit against it in a Russian court.

According to Strabag, Rasperia is seeking 1.9 billion euros ($2.11 billion) in compensation following Strabag’s response to sanctions that were imposed against the Russian company, claiming that it rendered its stake worthless.

($1 = 0.9003 euros)

(Reporting by Andrey Sychev, Editing by Friederike Heine)

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