Romania loses at the Paris Court of Appeal the environmental lawsuit against OMV Petrom and is required to pay over 31 million euros for historical environmental costs and interest.

The Romanian state, through the Ministry of Environment, has suffered a significant defeat at the Court of Appeal in Paris in the case brought against the Austrian group OMV AG, which owns OMV Petrom, the largest producer of hydrocarbons and fuels in the country.

The court's decision confirms an arbitration ruling from 2022, which established that Romania did not comply with certain environmental obligations in relation to the activities carried out by OMV Petrom.

This loss highlights the challenges faced by the Romanian state in managing environmental issues and the regulations related to the energy industry.