Romania lost an ICSID case and has to pay €42 million plus interest to renewable energy companies.
Mormence Alina
Economy
foto: pexels.com
Always see our news on Google
Ten renewable energy companies have won a case against Romania at the World Bank's arbitration tribunal. The dispute stemmed from legislative changes in 2013-2014 and 2017-2018 that affected the companies' investments. They initially sought damages of €142.7 million, and the Arbitral Tribunal ruled in their favor.
Sources
România a pierdut la Tribunalul arbitral al Băncii Mondiale de la Washington un proces intentat de industria regenerabilelor
BREAKING România a pierdut la ICSID procesul pe certificatele verzi introduse de Victor Ponta. Țara noastră datorează despăgubiri de 42 milioane de euro plus dobânzi
BREAKING România a pierdut la ICSID procesul pe certificatele verzi introduse de Victor Ponta. Țara noastră datorează despăgubiri de 42 milioane de euro plus despăgubiri
Latest News
15:28
PNL MEPs are calling on the European Commission for a firm response following the neutralization of three drones on Romanian territory.
14:59
The Russian press omitted references to Moscow in Nicușor Dan's message about the downed drone.
14:47
Rowing: Romania, world title at U23 and still two medals on the last day of the World Championships
14:36
The Landing Beaches of Normandy have been included in the UNESCO World Heritage.
14:22
ARSVOM has launched a search mission for two sailors missing from the ship AGN RAGNAR in the Sulina area.
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Romania has received the official payment notification of 3.4 billion lei to Pfizer, after losing the lawsuit regarding COVID-19 vaccines.
.webp)
Current Affairs
The Oltenia Energy Complex has sued the Ministry of Energy to recover an amount of nearly 900 million lei, resulting from a capital increase.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
