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Suciu Popa Successful for Enel in ICC Arbitration Against Romanian State

Suciu Popa Successful for Enel in ICC Arbitration Against Romanian State

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Suciu Popa has successfully represented Italian energy company Enel in an ICC arbitration against the Romanian state in Paris.

The dispute, which arose from a privatization contract, was valued at over EUR 130 million.

According to Suciu Popa, "SAPE, a management company for state-owned stakes in energy companies coordinated by the Ministry of Energy, claimed the distribution of the profits retained until 2017 pertaining to Enel Distributie Muntenia and Enel Energie Muntenia." According to the firm, in its ruling, the Arbitral Tribunal dismissed SAPE’s claims in their entirety.

Suciu Pop Managing Partner Luminita Popa was lead counsel for Enel in the case.

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MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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