S&T Oil v. Romania S&T Oil Equipment & Machinery Ltd. v. Romania (ICSID Case No. ARB/07/13)
United States of America
Shareholding and contractual rights under an agreement concluded between the claimant and Romania's privatization authority to take over the privatization of Nitramonia S.A., a large ammonia manufacturing and processing plant.
Claims arising out of contractual disagreements between the parties and the Government's termination of certain privatization agreement concluded with the investor, followed by the cancellation of the company's shareholdings, the taking of its Romanian assets, and the re-privatization of the assets by putting them out to tender.
Secondary: C - Manufacturing
20 - Manufacture of chemicals and chemical products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
van Houtte, H.
Grigera Naón, H. A.
Savage, J. (replaced)
Stern, B.
140.00 mln EUR (179.40 mln USD)
Data not available
Indirect expropriation
Not applicable - settled or discontinued before decision on liability