Notice of Settlement Agreement

What happened

On 30 October 2026, AS Tallinna Vesi reached an out-of-court settlement with Aktsiaselts Tallinna Sadam over a water price difference dispute. Tallinna Sadam will drop its claim, and Tallinna Vesi will pay €302,555 plus agreed ancillary and legal costs.

Confirmed

Global impact / market context

Paying about half of the disputed principal claim ends a court case for Tallinna Vesi, which means the water utility avoids years of litigation costs and can direct staff time and cash toward its core water service and long-term development.

Analyst inference

This is one of several out-of-court deals Tallinna Vesi has struck over water price difference claims from the previous decade. Settling a large share of claims at similar terms reduces the number of remaining lawsuits, cutting uncertainty over future legal payouts.

Analyst inference

What to watch

1. Tallinna Vesi says it aims to settle the remaining court cases related to water price difference claims from the previous decade on similar principles, following earlier agreements with several other claimants. Confirmed
2. Watch whether Tallinna Vesi reaches settlements with the remaining claimants on comparable terms, including payments near 50% of principal claims plus agreed legal and ancillary costs. Proposed
3. Fewer pending lawsuits would lower the company's future legal costs and cash outflows, which matters for a regulated water utility whose revenue depends on set water prices. Analyst inference

Evidence

• globenewswire.com