Alytus, Republic of Lithuania., 2011-01-31 15:47 CET (GLOBE NEWSWIRE) --
AB “ALT investicijos”, code 149519891, registered office at Miškininkų str. 17, LT-62200, Alytus, Republic of Lithuania.
On 7 December 2010 AB ALT investicijos had informed that on the same day it has received from the Serbian Arbitration the notice that the Privatisation Agency of the Republic of Serbia, as the claimant, submitted a Request for Arbitration to the Serbian Foreign Trade Court of Arbitration for awarding of the fine in the amount of EUR 68 347 168 from AB ALT investicijos and United Nordic Beverages AB in relation to the alleged violation of the 24 July 2007 the agreement on purchase and sale of the shares in the public company Beogradska industrija piva (BIP).
By this notice AB ALT investicijos informs that on 28 January 2011 it has submitted to the Serbian Arbitration its Answer to the Request for Arbitration by the Privatisation Agency. By its answer, AB ALT Investicijos maintains that it has not breached the agreement, and that all the claims by the Privatisation agency should be dismissed in full.
General Director Vytautas Junevičius, tel. (8 315) 57243