Tag: arbitration

HSE received 261 million euros settlement – Slovenia, 15 March 2021

Last week, Slovenian energy company HSE and its subsidiary which operates coal-fired thermal power plant Sostanj (TES) have signed an agreement on out-of-court settlement in the amount of 261 million euros in favor of TES with General Electric (GE), related to Alstom Power’s involvement in TPP Sosta Full article available for subscribers of Energy NEWS […]

EPBiH hired legal representative in arbitration case against Strabag – Bosnia and Herzegovina, 29 January 2021

Bosnian power utility EPBiH has completed the selection of legal representation services in arbitration procedure against Austrian Strabag, related to the project for the construction of hydropower plant Vranduk. EPBiH selected Austrian law firm Knoetzl Haugeneder Netal from Vienna for a fee of 3 Full article available for subscribers of Energy NEWS service (PDF publications, […]

OMV sues the state before the ICC again – Romania, 03 November 2020

Austrian OMV Group, the majority owner of the largest Romanian oil and gas producer OMV Petrom, sued the Romanian state before the International Chamber of Commerce (ICC) for additional 32 million euros for not covering agreed environmental cleaning expenses. The statement from the company said t Full article available for subscribers of Energy NEWS service […]