State Enterprise “Energorynok v. Republic of Moldova
Energorynok, a state-owned energy company, brought an arbitration claim against the Republic of Moldova seeking to recover a debt of USD 1.7 million from an economic agent affiliated to Moldova’s Energy Ministry. The Tribunal found confusing and inconsistent the Claimant’s arguments on quantum and rejected the claim as groundless.
The award was rendered on 29 January 2015 and is available here: