Russian court orders Jizzakh battery plant to pay nearly $2.8 million in compensation

The Jizzakh battery factory was found to have violated intellectual property rights in Russia. The appellate court left unchanged the court’s decision to collect compensation of 257.3 million rubles from the factory in favor of the Crimean businessman. The amount of the fine is almost 4 times more than the one-year net profit of the company belonging to the state of Uzbekistan.