2016
Goljevšček and others v. Bosnia and Herzegovina Boris Goljevšček, Viaduct d.o.o. Portorož and Vladimir Zevnik v. Bosnia and Herzegovina (ICSID Case No. ARB/16/36)
Bosnia and Herzegovina
Slovenia
Interests in local subsidiary HES Vrbas, a company in the hydroelectric power industry.
Claims arising out of alleged acts and omissions of the Government of Republika Srpska, a region within Bosnia and Herzegovina, which allegedly frustrated the claimants’ two hydroelectric power plant projects on the Vrbas river. In 2004, the claimants’ subsidiary HES Vrbas signed concession contracts to build and operate the power plants, but the facilities were never built, allegedly due to Republika Srpska’s failure to issue the necessary permits or approve an updated conceptual project design, and its granting of concession rights to State-owned company ZP Hidroelektrane to build a competing power plant on the river without a public tender.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Park, W. W.
Laird, I. A.
Grigera Naón, H. A.
Decided in favour of investor
Award dated 18 April 2022
51.00 mln EUR (54.90 mln USD)
45.00 mln EUR (48.60 mln USD)
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Data not available
ICSID annulment proceedings
ICSID annulment proceedings
Pending
None
Jana Linetzky, A. (President)

Cooper-Rousseau, B. (Member)

Onwuamaegbu, U. (Member)