Romania ordered to pay damages after eight-year ICSID case

Kyriaki Karadelis Monday, 16 December 2013 (over 2 years ago)

An ICSID tribunal has ordered Romania to pay an estimated US$250 million in damages and interest to Swedish investors affected by the withdrawal of economic incentives, concluding eight years of proceedings that also saw the intervention of the European Commission.

Ioan and Viorel Micula

Ioan and Viorel Micula

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