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Dec 15, 2017 11:17 EEST
PRISTINA (Kosovo), December 15 (SeeNews) – Austrian identity management solutions provider Oesterreichische Staatsdruckerei (OeSD) said Kosovo agreed to pay a 4.95 million euro ($5.85 million) instalment by the end of this year to settle a dispute.
The payment was ordered in July 2016 in an arbitration decision of the Paris-based International Chamber of Commerce (ICC), OeSD said in a statement on Wednesday.
OeSD filed the claim with the ICC in 2013, demanding the outstanding payments for the supply of electronic passports and the unjustified termination of the contract by the Balkan state.
In September, the CFO of OeSD, Helmut Lackner, said Kosovo was refusing to pay the compensation and threatened to file for the seizure of assets of the country abroad.
OeSD said in 2011 it won a 14.1 million euro contract to manufacture 200,000 passport booklets for Kosovo and provide the country with a passport personalisation centre. However, in 2013 the company initiated legal proceedings against Kosovo, claiming that it received 1.4 million euro less than the agreed sum.
($ = 0.8462 euro)
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