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Tag Archives: Court of Arbitration

Romania wins lawsuit against Chevron, which should pay damages of USD 73m. Ruling not final

Romania has won the lawsuit against Chevron, and the US giant should pay damages of USD 73 million to the National Agency for Mineral Resources (ANRM) following the annulment of three oil concession agreements without complying with the financial obligations ...

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Raiffeisen Bank warns Romania it could notice international courts on debt discharge law

Austrian Bank Raiffeisen Bank has sent a notification to Romanian authorities, announcing it would address international courts, precisely to the Court of Arbitration of the World Bank. The bank representatives claim the debt discharge law is an infringement of the ...

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EXCLUSIVE: Dacia’s positive history attracts German investors. However, public tenders and bureaucracy are still impediments

Interview with SEBASTIAN METZ, General Manager of German-Romanian Chamber of Industry and Commerce (AHK Romania). Mr. Metz, the German-Romanian Chamber of Industry and Commerce (AHK Romania) has a very clear objective: to facilitate the development of suitable business opportunities for ...

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