NYAB signed a settlement agreement with the city of Mikkeli (inside information)
NYAB PlcCOMPANY ANNOUNCEMENT13 April 2023 at 15:30NYAB signed a settlement agreement with the city of Mikkeli (inside information) NYAB group company NYAB Finland Oy and Mikkeli Waterworks have signed a settlement agreement. The agreement aims at settling the dispute between NYAB Finland Oy and Mikkeli Waterworks, a municipal enterprise owned by the city of Mikkeli, that has been subject to legal proceedings. According to terms and conditions of the agreement, Mikkeli Waterworks shall pay NYAB a total compensation of EUR 9.2 million. NYAB estimates that once the settlement agreement