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Strategy/Company/ Operations Update

10th Aug 2026 13:18

RNS Number : 0151Q
Plaza Centers N.V.
10 August 2026
 

August 10th, 2026

 

 

PLAZA CENTERS N.V.

UPDATE REGARDING ARBITRATIONS AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT

 

Further to its last announcement dated May 11th, 2026, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, in connection with the arbitration proceedings before the International Centre for the Settlement of Investment Disputes ("ICSID") initiated by the Company in relation to the Casa Radio / Dâmbovița Center Project in Bucharest ("Casa Radio"), the Company filed on August 7, 2026 its Application for Annulment ("Application").

 

The Application relates to the award dated April 10, 2026, by which, in a majority decision, the Tribunal dismissed the Company's claims on jurisdictional grounds.

 

The Company continues to assess its position and considering all available options and next steps.

 

 

For further details, please contact:

 

Plaza

 

Ron Hadassi, Executive Director; 972-526-076-236

 

Notes to Editors

 

Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange (LSE: "PLAZ"), on the Warsaw Stock Exchange (WSE: "PLZ/PLAZACNTR") and on the Tel Aviv Stock Exchange ("PLAZ").

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