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
07:30
Romanians will be able to save money for retirement under the American system, tax-free
07:25
Finland approves the world’s first permanent repository for spent nuclear fuel
07:19
Vladimir Putin: “The peoples of Europe do not want to fight against Russia. I would like us to be heard: neither do we want to.”
23:04
PNL accuses PSD of manipulating Eurostat data on Romania’s deficit
22:36
Ilie Bolojan invokes the ECtHR decision in the dispute over the payment of judges' salary arrears
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
