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27 October 10:49

The International Dispute Resolution Center rejected Romania's request to terminate the proceedings initiated by Eurohold Bulgaria and Euroins.

Gabriel Dumitrache

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Current Affairs

Inquam Photos / Octav Ganea

The International Centre for Settlement of Investment Disputes (ICSID), affiliated with the World Bank, has announced that it has rejected the request of the Romanian Government to stop the arbitration procedure initiated by Eurohold Bulgaria AD and Euroins Insurance Group AD (EIG). The two companies contest the decision of the Romanian authorities to revoke their operating license, which led to the opening of this arbitration.

Therefore, the arbitration will continue, and the Romanian Government will have to respond to the allegations made by the two companies in this international process. This decision underscores the complexity of the relationships between foreign investors and Romanian authorities, in the context of market regulations and investment protection.

Sources

România pierde prima rundă în procesul internațional Euroins. ICSID a respins cererea Guvernului de a opri arbitrajul

Eurohold: Centrul internațional pentru soluționarea litigiilor a respins cererea Guvernului român de a încheia procesul Euroins România

Vești proaste pentru România în cazul Euroins

România pierde prima luptă în procesul Euroins. Tribunalul de la Washington respinge cererea de închidere a dosarului de 500 de milioane de euro

Victorie de etapă a bulgarilor de la Euroins împotriva statului român, în procesul de arbitraj internațional în care cer 500 de milioane de euro

România riscă să plătească despăgubiri imense într-un proces intentat de compania de asigurări Euroins. Tribunalul de la Washington respinge cererea de închidere a dosarului

Gândul: România pierde prima luptă în procesul Euroins. Ce despagubiri riscă să plătească Guvernul

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