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Strabag shares: RBI has filed a lawsuit against Rasperia

The Raiffeisen Bank International (RBI), an Austrian bank, has filed a damages claim worth €3.15 billion against the Russian company Rasperia at the Vienna Regional Court for Civil Matters. The lawsuit aims to access Rasperia’s assets in Austria, including 28.5 million shares of the construction firm Strabag, which were frozen due to EU sanctions. These shares are linked to dividend claims and funds from a capital reduction. The legal dispute stems from a Russian court ruling in early 2025, which ordered RBI’s subsidiary to pay Rasperia approximately €2.4 billion. This arose from a conflict over frozen Strabag shares and associated dividends that could not be paid to Rasperia. Since Strabag has no assets in Russia, Rasperia involved RBI’s Russian subsidiary in the case. Previously, Rasperia was linked to sanctioned oligarch Oleg Deripaska. The requested €3.15 billion includes funds withdrawn by Russia’s central bank, lost interest, and procedural costs. A recent Russian court decision allows RBI to proceed with the Austrian lawsuit without triggering a potential €2.85 billion penalty in Russia. RBI remains the largest Western bank still operating in Russia but has significantly cur

The Raiffeisen Bank International (RBI) has filed a damages claim against the Russian company Rasperia, seeking compensation of 3.15 billion euros, according to a statement issued today. The legal action was submitted at the Vienna Civil Court for Property Matters, targeting Rasperia’s Austrian assets. The dispute centers around 28.5 million shares of the construction firm Strabag, which have been frozen under EU sanctions, along with associated dividend claims and funds from a capital reduction. RBI’s chief executive, Michael Höllerer, stated the move aligns fully with EU sanctions law and aims to compensate shareholders for losses incurred due to Russian court rulings. The case follows a ruling from early 2025, when a Russian court ordered RBI’s subsidiary to pay approximately 2.4 billion euros to Rasperia. The legal battle emerged over the frozen shareholding and related dividends that Strabag could not distribute to Rasperia. Since Strabag holds no assets in Russia, Rasperia included the Russian RBI subsidiary in its legal proceedings. Ownership of Rasperia remains unclear. Previously, the company was linked to sanctioned oligarch Oleg Deripaska. The current claim of 3.15 billion euros includes funds seized from Rasperia’s central bank account in Russia, plus lost interest and legal costs. A recent decision by a Russian court paved the way for this legal action in Austria. That ruling allowed RBI to proceed without triggering a potential penalty payment of up to 2.85 billion euros in Russia. The RBI remains the largest Western bank still operating in Russia, though it has significantly scaled back its activities there under pressure from the European Central Bank. This shift reflects broader efforts by international financial institutions to comply with sanctions while maintaining some level of operational presence. Strabag, a major European construction company, has faced restrictions due to its involvement in projects linked to Russian entities. The freezing of its shares in Russia has disrupted dividend flows and affected shareholder returns. The legal battle highlights the complex interplay between international sanctions, corporate governance, and cross-border financial obligations. By pursuing this claim, RBI seeks to recover both direct financial losses and indirect consequences stemming from the frozen assets. Legal experts suggest that such cases often involve intricate negotiations and multiple jurisdictions. The Austrian court will now assess whether Rasperia’s assets can be accessed to satisfy the claim. Meanwhile, the situation underscores the challenges faced by multinational corporations navigating conflicting legal systems and economic pressures. The outcome could influence future approaches to handling similar disputes involving sanctioned entities. The case also raises questions about the effectiveness of sanctions in deterring financial transactions. While the EU has imposed strict measures on Russian entities, the ability of companies like RBI to pursue legal remedies in other jurisdictions demonstrates the complexity of enforcing such policies. As the Austrian court reviews the claim, all parties remain poised for further developments, with the potential for extended legal battles or settlements yet to be determined.

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ORF News logoORF NewsState / PublicCenterFactual 85Objective 80yesterday
Strabag shares: RBI has filed a lawsuit against Rasperia

The Raiffeisen Bank International (RBI), an Austrian bank, has filed a damages claim worth €3.15 billion against the Russian company Rasperia at the Vienna Regional Court for Civil Matters. The lawsuit aims to access Rasperia’s assets in Austria, including 28.5 million shares of the construction firm Strabag, which were frozen due to EU sanctions. These shares are linked to dividend claims and funds from a capital reduction. The legal dispute stems from a Russian court ruling in early 2025, which ordered RBI’s subsidiary to pay Rasperia approximately €2.4 billion. This arose from a conflict over frozen Strabag shares and associated dividends that could not be paid to Rasperia. Since Strabag has no assets in Russia, Rasperia involved RBI’s Russian subsidiary in the case. Previously, Rasperia was linked to sanctioned oligarch Oleg Deripaska. The requested €3.15 billion includes funds withdrawn by Russia’s central bank, lost interest, and procedural costs. A recent Russian court decision allows RBI to proceed with the Austrian lawsuit without triggering a potential €2.85 billion penalty in Russia. RBI remains the largest Western bank still operating in Russia but has significantly cur

Bias read (Center): The article presents the legal actions taken by RBI against Rasperia in a neutral manner, focusing on the factual details of the lawsuit, the background of the dispute, and the implications of the Russian court ruling. There is no evident bias in the language used, and the information is reported in

Why factuality (85): The article reports on a legal action taken by the Raiffeisen Bank International (RBI) against Rasperia, citing a previous court ruling from early 2025. It provides specific figures (€3.15 billion claim, €2.4 billion prior judgment) and details the nature of the dispute involving frozen Strabag shar

Why objectivity (80): The article presents the legal actions and background neutrally, quoting statements from RBI officials without apparent bias. It explains both sides of the dispute (RBI’s claim vs. the Russian court’s stance) but leans slightly toward the RBI’s perspective by emphasizing their compliance with EU san

oe24 logooe24IndependentCenterFactual 50Objective 60yesterday
RBI filed a billion-dollar lawsuit against Russian Strabag shareholder

The Austrian financial regulator, RBI, has initiated a multi-billion euro lawsuit against a Russian shareholder of the construction company Strabag. The legal action reportedly stems from alleged violations of financial regulations or market practices. The case highlights ongoing scrutiny of foreign ownership and compliance issues within major European firms. Details regarding the exact nature of the allegations remain unclear at this time.

Bias read (Center): The article presents the initiation of a legal action by a regulatory body against a foreign shareholder, which involves potential regulatory breaches. While the subject matter relates to international business and legal matters, there is no clear ideological framing or emphasis on specific policy立场

Why factuality (50): The article reports that RBI filed a multi-billion euro lawsuit against a Russian shareholder of Strabag. Since no primary source document was available, factuality is assessed based on cross-source consensus. The claim appears plausible given the general context of legal actions by RBI against Russ

Why objectivity (60): The article presents the information in a straightforward manner without overt emotional language or bias. However, the phrasing 'Milliardenklage' (multi-billion euro lawsuit) may carry some sensationalism, though not strongly biased. Overall, the tone remains neutral.

Kleine Zeitung logoKleine ZeitungParty-alignedCenteryesterday
RBI is suing Russian Strabag shareholder for billions

The Austrian financial regulator, RBI, has initiated a multi-billion euro lawsuit against a Russian shareholder of the construction company Strabag. The legal action reportedly stems from alleged violations of EU sanctions related to Russia’s invasion of Ukraine. The case highlights ongoing efforts by European authorities to hold individuals accountable for financial activities linked to the conflict. Details regarding the exact amount claimed and the specific allegations remain under investigation.

Bias read (Center): The article presents factual information about a regulatory action taken by an Austrian authority against a Russian individual. There is no evident ideological framing or emphasis on particular political perspectives. The focus remains on the legal and regulatory process rather than advocacy for any

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