2011-03-14 16:22:58 CET

2011-03-14 16:23:56 CET


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Kauno Energija AB - Other information

Due to the final decision of Lithuanian Supreme Court



On 14 of March, 2011, Lithuanian Supreme Court has dismissed a cassation
complaint of UAB Kauno termofikacinė elektrinė by its final decision and has
left unchanged the decision of Vilnius Commercial Arbitration Court from 17 of
February, 2010 and the decision of Lithuanian Court of Appeal from 19 of
October, 2010 to award a forfeit in amount 5.419.808,82 Lt (five million four
hundred nineteen thousand eight hundred eight Litas and 82 cents) from
defendant UAB Kauno termofikacinė elektrinė in behalf of AB “Kauno energija”
due to the fulfilment of the Investments agreement. 


         Head of Asset Management Department Jovita Sereikienė, +370 37 305664