Regarding the Decision of the Court


Elektrėnai, Lithuania, 2015-11-17 16:00 CET (GLOBE NEWSWIRE) -- Lietuvos energijos gamyba”, AB (business ID 302648707, registered office address Elektrinės g. 21, Elektrėnai (hereinafter referred to as the ‘Company’) hereby informs that on 17 November 2015 Vilnius Regional Administrative Court decided to dismiss the Company’s appeals regarding repeal of Resolution No. O3-875 of the National Commission for Energy Control and Prices (hereinafter referred to as the ‘Commission’) of 30 October 2014 “On recalculation of the price components of heat production by “Lietuvos energijos gamyba”, AB, Lietuvos elektrinė” and of Resolution No. O3-934 of the Commission of 11 December 2014 “On unilateral determination of the price of heat production by “Lietuvos energijos gamyba”, AB, Lietuvos elektrinė”.

The Company reminds that on 25 May 2015 Vilnius Regional Administrative Court passed a judgment, whereby it decided to discontinue the administrative case concerning the Company’s appeal of 28 November 2014 regarding repeal of Resolution No. O3-875 of the Commission of 30 October 2014 “On recalculation of the price components of heat production by “Lietuvos energijos gamyba”, AB, Lietuvos elektrinė”.

The Company appealed against this judgment of Vilnius Regional Administrative Court, and on 16 September the Supreme Administrative Court of Lithuania passed a judgment to satisfy this individual appeal of the Company and remanded the case to the first instance court as well as established that it is expedient to combine the case with the dispute regarding repeal of Resolution No. O3-934 of the Commission of 11 December 2014 “On unilateral determination of the price of heat production by “Lietuvos energijos gamyba”, AB, Lietuvos elektrinė”. The latter resolution implements the resolution of the Commission, appealed against by the Company to Vilnius Regional Administrative Court, regarding Resolution No. O3-875 of 30 October 2014 “On recalculation of the price components of heat production by “Lietuvos energijos gamyba”, AB, Lietuvos elektrinė”, which was published in the Company’s notification on a material event of 15 December 2014.

         Valentas Neviera, Head of Corporate Communication Division, tel. +370 670 25997, e-mail. valentas.neviera@le.lt