Latest development Jul 7, 2026
The award holders petitioned the D.D.C., and the European Commission opened a state-aid investigation.
The award
- Amount awarded
- €52M
- Award holder
- LSG Building Solutions, Green Source, Core Value, Solluce Romania 1 BV and others (10 petitioners)
- Respondent
- Romania
- Forum
- ICSID ARB/18/19 · ECT
Challenges
An annulment decision was issued on February 18, 2026 (outcome not reviewed). The European Commission opened an in-depth state-aid investigation in July 2026.
Enforcement
United States: D.D.C. 26-cv-2389, filed on July 7, 2026.
Recovered to date
None