Ceetrus, the Auchan real estate company, ordered to pay more than 47 million euros to the SNCF


By Le Figaro with AFP

Published ,
Update

Gare du Nord, in Paris. Francois BOUCHON / Le Figaro

In the dispute which has opposed these two companies for several years, SNCF intends to recover 300 million euros in total.

The Paris commercial court sentenced Friday Ceetrusthe Auchan real estate company, to pay more than 47 million euros to the SNCF in the context of one of the disputes between the two companies since SNCF broke the contract to modernize the railway two years ago. North Station that she had concluded with Ceetrus.

The property company, which has become New Immo Holding, will have to pay the SNCF the “independent guarantee on first request», in the amount of 47 million euros, as well as interest, according to the judgment consulted by AFP. “Building on this first favorable decision“, the SNCF “intends to continue ongoing proceedings at the administrative court aimed at obtaining compensation of 300 million euros from Ceetrus“, she indicated.

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