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Case No. 910/5663/22 (910/7708/17) dated 07/02/2025

Here is the translation of the legal text analysis:

1. Subject of Dispute: Termination of the share purchase agreement for PJSC “Ukrtelekom” due to the buyer’s failure to fulfill investment obligations.

2. Key Arguments of the Court:
– The court established that although LLC “ESU” did not formally make direct investments, it ensured investment through PJSC “Ukrtelekom” amounting to over 800 million dollars
– Investments were actually directed towards the enterprise’s development, which became profitable after privatization
– Breach of contract is not substantial, as the state did not suffer actual damages

3. Court Decision: Reject the termination of the share purchase agreement.

: The court clearly determined that not every formal violation of the privatization contract can be grounds for its termination.

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