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    Sarantis Polska Expands Warehouse and Office Space in MLP Pruszkow II

    Stena Real Estate Acquires Buildings in High5ive Office Complex in Krakow

    Stena Real Estate Acquires Buildings in High5ive Office Complex in Krakow

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    Andrzej Wronski to Join 7R as CEO

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    ED Invest Sells Land in Krakow

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    Nordspace Offers Bonds on Nasdaq First North

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    Sofia South Ring Mall Refinances Flagship Retail Property in Bulgaria

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    Avides Leases Warehouse Space at Panattoni Park Lublin II

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    Agathum Enters Into Sale-and-Leaseback Agreement with Lithuanian Furniture Manufacturer in Plunge

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Mabco Constructions Successful in ICSID Arbitration Against Republic of Kosovo

David Stuckey by David Stuckey
January 24, 2025
Reading Time:1 min read
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Mabco Constructions Successful in ICSID Arbitration Against Republic of Kosovo
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Mabco Constructions SA, a Switzerland-based construction company with international operations, has secured a favorable award in an investment arbitration dispute against the Republic of Kosovo that was administered by the International Center for Settlement of Investment Disputes (ICSID) in Washington, DC.

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The dispute arose from the failed privatization of the Grand Hotel, a landmark hospitality establishment in the center of Prishtina, Kosovo. Mabco Constructions, after financially contributing to the privatization of the Grand Hotel, was subsequently deprived of its stake in the project and the associated investment. In response, the company initiated arbitration proceedings in early 2017 under the bilateral investment treaty between Switzerland and Kosovo, seeking compensation along with applicable interest and costs.

In October 2020, the Tribunal had, by majority, upheld its jurisdiction over the claims, and in January 2025 the Tribunal ruled in favor of Mabco Constructions.

Switzerland’s Bratschi law firm advised and represented Mabco Constructions in the dispute.

Tags: Kosovo
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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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