Raiffeisen Bank to sue Rasperia in Austria for EUR 3.15 billion damages
Reuters2026/07/23 13:59By:Reuters
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- Raiffeisen Bank International plans to sue Rasperia in Austria for about EUR 3.15 billion, seeking damages tied to Rasperia-related proceedings.
- A Russian court issued an anti-suit injunction, yet allowed Austria damages claims up to EUR 2.85 billion without triggering a judicial penalty.
- RBI aims to enforce against Rasperia’s frozen Austrian assets, including 28,500,000 Strabag shares, attached dividends since 2021, and a 2024 capital reduction payout.
- Management expects a favorable ruling; enforcement proceeds targeted within 6 to 12 months.
- Group litigation costs excluding Russia could reach about EUR 150 million in 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raiffeisen Bank International AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2370818_en) on July 23, 2026, and is solely responsible for the information contained therein.
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