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pca-cpa.org

Following shortly after the Permanent Court of Arbitration in the Hague ordered that the Russian government pay USD 50 billion in damages to former Yukos shareholders (reported on by CEE Legal Matters on July 28, 2014), the European Court of Human Rights has now awarded the shareholders an additional EUR 1.86 billion in damages in a lawsuit filed against the Russian tax authorities.

Electrocentrale Bucuresti (ELCEN), the largest producer of termic energy in Romania, has signed a EUR 170 million joint venture agreement with Marubeni Corporation on July 29 to build a gas heating plant of approximately 250 MW in Fantanele, Romania. 

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