On adopted Resolution of the Court


Elektrėnai, Lithuania, 2014-12-05 15:05 CET (GLOBE NEWSWIRE) -- “Lietuvos energijos gamyba”, AB (company code 302648707, registered office at Elektrinės st. 21, Elektrėnai, the Company), informs that on 5 December, 2014 Vilnius Regional Administrative Court accepted the Company’s appeal on the resolutions of the National Commission for Energy Control and Prices „On the approval of the recount of the components of the price on the production of the heat of “Lietuvos energijos gamyba”, AB”, dated 30/11/2014, No. O3-875.

By this resolution the National Commission for Energy Control and Prices determined that the Company does not comply with the requirements on the calculation of the return on investment laid down in the Methodology on heat pricing and obliged the Company to eliminate this alleged violation.

The Company finds that the resolution is unfounded. Calculations of the National Commission for Energy Control and Prices of the return on investment are inaccurate and contradicting the legal acts.

         Valentas Neviera, Head of Corporate Communication Division, tel. +370 5 278 2908, e-mail. valentas.neviera@le.lt