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Published: 2025-11-07 07:29:20 CET
HISK - Inside information

The Lithuanian Court of Appeal has issued a decision in a civil case between AB HISK and Vilnius City Municipality Administration

By the ruling of the Lithuanian Court of Appeal of 6 November 2025 in civil case No. e2A-415-790/2025, AB “HISK”, legal entity code 147710353, registered office address: S. Kerbedžio g. 7, LT-35104 Panevėžys, was awarded from the Vilnius City Municipality Administration, legal entity code 188710061, registered office address: Konstitucijos pr. 3, LT-09308 Vilnius, compensation for damages in the amount of EUR 2,736,556.13 (lost net profit), annual procedural interest at the rate of 5%, and litigation costs.

 

 

Mindaugas Ambrasas

Finance Director

m.ambrasas@hisk.lt