Fin.Co.Ge.Ro v. Romania Fin.Co.Ge.Ro Spa v. Romania
Concession contracts with local authorities to develop real estate projects in Constanța and Brăila, and an international airport in Galați.
Claims arising out of local authorities’ alleged failure to fulfill obligations arising out of concession contracts signed with the claimant for real estate development projects, preventing their effective implementation.
Tertiary: F - Construction
41 - Construction of buildings
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Decided in favour of State
Award dated 2019
327.00 mln EUR (362.60 mln USD)
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None - all claims dismissed at the merits stage