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12 2018

Neste Oil Netherlands B.V. ordered to Pay more than 4 Mlns Euro to IREM Spa

June 2018 - The arbitral tribunal of the International Chamber of Commerce has issued on the 15th of June 2018 the final award relevant to the dispute arose between Irem Spa and Neste Oil Netherlands B.V. in relation to the Mechanical Erection works carried out by IREM Spa in the context of the Nexbtl Project in Maasvlakte (Rotterdam).
At the end of 3 years of arbitral proceedings, the arbitral tribunal ordered Neste Oil Netherlands B.V. the payment of more than 4 millions Euros to IREM Spa.