IN BRIEF: Plaza Centers updates on EUR367.7 million claim over Romania

Tue, 11th Apr 2023 14:35

Plaza Centers NV - Property investor in India - Provides update on claim against Romania regarding the Casa Radio project, filing its memorial and supporting evidence at the International Centre for the Settlement of Investment Disputes. Says it seeks full compensation for its losses with respect to the project, currently estimated to be up to EUR367.7 million as at March 31. Follows last announcement in May 2022, when it issued a request for arbitration against Romania.

Current stock price: 25.00 pence

12-month change: down 62%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

2 Apr 2024 17:39

Plaza Centers focused on Casa Radio as attributable loss widens

(Alliance News) - Plaza Centers NV on Tuesday sad it remained focused on unblocking the current status of the Casa Radio project in Romania.

25 Mar 2024 13:28

IN BRIEF: Plaza Centers notes positive outcome on India probe in EPIM

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Following announcement in March last year on the Ind...

4 Dec 2023 19:51

IN BRIEF: Plaza Centers extends long-stop date for proposed disposal

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Further to previous announcements regarding the pre-...

30 Oct 2023 15:45

UK shareholder meetings calendar - next 7 days

31 Aug 2023 20:29

IN BRIEF: Plaza Centers loss narrows strongly on finance income surge

Plaza Centers NV - Amsterdam-headquartered property investor with interests in Europe and India - Pretax loss in the six months to June 30 narrows sig...