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CEZ forced to pay EUR 5.7 M in damages

April 15, 2015

The International Court of Arbitration has decided that Czech Republic’s CEZ Group has failed to respect two of the most important obligations assumed when privatizing Electrica Oltenia and has forced CEZ to pay EUR 5.7 M in damages, the Energy Participation Management Company (SAPE) informs. SAPE is the legal successor of state-owned Electrica SA, including [...]

The text of this article has been partially taken from the publication:
http://www.nineoclock.ro/cez-forced-to-pay-eur-5-7-m-in-damages/
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