LAWSUIT
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Antitrust Authority Wins Suit Over Transgaz Rigged Auctions
Romania's antitrust authority has won a lawsuit maintaining fines it applied to TMUCB, Moldocor, Condmag and Inspet for rigged auctions back in 2012.
Vodafone Seeks EUR15M Damages From Romania's Telecom Watchdog
Vodafone, the second leading mobile telephony provider in Romania, on Thursday sued communications market watchdog ANCOM, seeking EUR15.1 million damages to compensate for its inability to u...
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
Nuclearelectrica Loses RON41M Penalty Lawsuit Against Hidroelectrica
The Bucharest Court ruled against state-run energy producer Nuclearelectrica on December 17 in a suit against hydropower producer Hidroelectrica, in which it demanded penalties of 41 million...
Romanian Central Bank Wins Lawsuits Filed By Former Volksbank Heads
The National Bank of Romania (BNR) has won the lawsuits filed against it in 2010 by Gerald Schreiner and Herwig Burgstaller, former managers of lender Volksbank Romania.
Proprietatea Fund Loses Lawsuit Against Romarm
Romanian investment fund Fondul Proprietatea (FP.RO) has lost a court action against military defense contractor Romarm requesting the registration of ownership right over approximately 3 mi...
How Energy Holding Urged The Chamber Of Commerce To Cancel Hidroelectrica's Force Majeure Notice
Seven companies asked for the annulment of the force majeure notices issued in September by Romania’s Chamber of Commerce and Industry (CCIR), but only Energy Holding, assisted by law firm T...
Sarantis Fights Colgate In Court Over “Total” Word, An EUR1M Stake
Sarantis Romania, among the ten largest on the cosmetics market, has been battling US giant Colgate-Palmolive in court for over two years, asking for EUR1.2 million in compensation, in a law...