In March 2015, the Regional Court in Bratislava ruled that the contract for the operation of hydropower plant Gabcikovo is invalid, because instead of direct agreement with the company Slovenske Elektrarne (SEAS), a public tender should have been announced. SEAS filed an appeal to the Supreme Court which has rejected the appeal yesterday, thus ending […]
The Romanian state has launched a new lawsuit against Italian energy company Enel before the International Arbitration Court in Paris this time regarding the company Enel Distributie Banat. The dispute originates from the decrease in stake in Enel Distributie Banat, owned by the Management Company for Ownership in Energy (SAPE), public company which manages the […]
The Romanian state has lost the arbitration against Italian energy company Enel which was launched before the International Court of Arbitration in Paris for failure to comply with the privatization contract of Electrica Muntenia Sud, and will have to pay 1.5 million euros in damages. Through its Management Company for Ownership in Energy (SAPE), Romanian […]