The Romanian state will have to pay the German energy group E.On EUR 2
million compensation. The amount represents the legal costs of a
dispute that Romania has filed at the arbitration court in Paris against
the company, which it lost.
The state accused E.On of not having made the investments promised in
the privatization contract of the former Electrica Moldova. It asked
the German company to pay EUR 33 million, but the court in Paris ruled
in favor of E.On, because the state’s claims were overdue, reports local
Capital.ro.
The state also has other legal disputes with international companies
that took over electricity distributors in the country. Romania also
went to court against the Italian energy company Enel, demanding EUR 500
million compensations. The state claimed that Enel, which took over
Electrica Muntenia Sud, didn’t respect the privatization contract.
(romania-insider.com)