Plaza Centers N.V. - Strategy/Company/ Operations Update

Plaza Centers NV

10/08/2026 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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