Adjudgement of fine in amount of 145,713.63, process rate and expenses, the company said in a statement.
Herewith arbitration expenses in amount of 26,430.86 litas were adjudged in favor of Kauno Energija from plaintiff as well.
Litigation arose regarding heat purchase prices. Upon assertion of plaintiff, Kauno Energija had to purchase heat from Kauno Termofikacijos Elektrine at a higher offered price, than the comparable expenses of heat production of Kauno Energija consisted at the moment, but arbitration court rejected those requirements of plaintiff.
The above-mentioned decision is final and obligatory for both sides of litigation. It came into force since the moment of its making, but litigation sides have a right to appeal this decision to Lithuanian Court of Appeal in 1 month starting from the day of decision making.
