LITGRID AB informs on commenced arbitration
October 05 2023 - 8:00AM
LITGRID AB informs on commenced arbitration
LITGRID AB (company code 302564383, registered office address
Karlo Gustavo Emilio Manerheimo St. 8, Vilnius, Lithuania) has been
informed that legal proceedings have been initiated at the
Arbitration Institute of the SCC against multiple transmission
system operators, including LITGRID AB. The legal proceedings have
started due to a fact that the operators in compliance with the
international sanctions have stopped payments. Taking into account
the rules of the Arbitration Institute of the SCC, more detailed
information at this point is considered confidential.
More information: Jurga Eivaitė Communications Manager tel. +370
613 19977 e-mail: jurga.eivaite@litgrid.eu
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