A Vilnius court Thursday closed a criminal case in which three former top executives of Vilniaus Energija (Vilnius Energy), a Lithuanian subsidiary of France’s Veolia, were charged with fraud and illegal manipulation with gas purchase prices, as a statutory limitation period has expired. […]
Veolia, a French concern that withdrew from the Vilnius heating sector last spring, along with its company Vilniaus Energija (Vilnius Energy) have filed a suit against the municipality and the municipal company Vilniaus Šilumos Tinklai (Vilnius Heating Network, VST) with the Stockholm arbitration. […]
Lithuanian Prime Minister Saulius Skvernelis calls for a probe into allegations by a former chairwoman of the Lithuanian National Commission for Energy Control and Prices that the president’s office put pressure on the energy market regulator over heating rates of Veolia‘s local subsidiary Vilniaus Energija (Vilnius Energy). […]
Diana Korsakaitė, former chairperson of the Lithuanian National Commission for Energy Control and Prices, told international arbitration about pressure made by President Dalia Grybauskaitė over heating tariffs of Vilniaus Energija (Vilnius Energy) that is operated by French concern Veolia, 15min.lt news portal said on Monday. […]
Resolution of Lithuania’s dispute with Veolia would send a positive message to French investors, France’s ambassador to Vilnius, Philippe Jeantaud, said on Monday. […]
The Vilnius City Council decided on Tuesday to turn to the Stockholm arbitration for compensation of damages caused by the French concern Veolia and its company Vilniaus Energija during lengthy lease of the city’s heating sector after they disagreed with the claim of about 200 million euros filed by the city. […]
Heating prices in Vilnius should grow by 8.2 percent from June, the National Commission for Energy Control and Prices decided on Thursday. However, after the ruling coalition decided to cancel the value-added tax privilege (9 pct), the heating prices in Lithuania’s capital city should climb much higher. […]
The city of Vilnius has submitted a 200-million-euro claim to Veolia and Vilniaus Energija (Vilnius Energy), the French group’s local subsidiary whose 15-year lease on the Lithuanian capital’s heating system ended this week, seeking compensation for damage caused to the assets during the lease period. […]
Vilniaus Energija (Vilnius Energy), a local subsidiary of France’s Veolia, has handed over the Lithuanian capital’s heating grid to Vilniaus Šilumos Tinklai (Vilnius Heating Grid, or VST), a municipal company, after its 15-year lease on the assets expired on Wednesday. […]
The Lithuanian energy market regulator has slapped the district hearing supplier Vilniaus Energija (Vilnius Energija) with the maximum possible fine of 1.307 million euros for unjustified price increases between 2012 and 2014. […]
BNS Lithuania news agency lists the most important 2017 projected events on the political and public arena in Lithuania. […]
Vilniaus Energija (Vilnius Energy), Lithuania’s biggest district heating supplier controlled by France’s Veolia, has asked the Stockholm arbitration to appoint an independent asset valuer in protest of the valuers selected by the municipal company Vilniaus Šilumos Tinklai (Vilnius Heating Grid, VST ). […]
Administration of Lithuania’s capital Vilnius intends to take Vilniaus Energija, heating supplier to the city, to demand that it pays back some of the money, 190,000 euros, for heating when it bought biofuel at a price far above the market price. […]
A Vilnius court has ordered a freeze on almost 20 million euros worth of funds of Vilniaus Energija (Vilnius Energy), a local district heating supplier controlled by France‘s Veolia, a move that the company describes as “an assault” against it and plans to contest. […]
Lithuania’s energy market regulator has cut the tariffs of Vilniaus Energija (Vilnius Energy), a company owned by France’s Veolia, for district heating in an effort to return 24.3 million euros to Vilnius’ residents who were overcharged by the supplier. […]
Vilniaus Energija is suing the Municipality of Vilnius over a €5.6-million debt that the city owes for heating. Vilniaus Energija says in a statement that the Municipality has shown no willingness to cover the debt. […]
The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France‘s Veolia group and the Lithuanian government. […]
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