Current reports

After the court approved the concluded settlement agreement, civil case No. e2-3095-880/2025 was terminated. Public institution “VILNIAUS ARKIVYSKUPIJOS EKONOMO TARNYBA” filed a lawsuit against AB “INTER RAO Lietuva”, demanding EUR 172,247.11 in compensation for the price difference, which, according to the VILNIAUS ARKIVYSKUPIJOS EKONOMO TARNYBA, was due to it because AB “INTER RAO Lietuva” stopped supplying electricity in May 2022. AB “INTER RAO Lietuva” filed an objection to the lawsuit and the Parties agreed to resolve the dispute by settlement agreement. Vilnius Regional Court on November 19, 2025 approved the settlement agreement between the Public institution “VILNIAUS ARKIVYSKUPIJOS EKONOMO TARNYBA”  and AB “INTER RAO Lietuva”, according to which both Parties confirm that The Parties have no and will not have any claims against each other under the Electricity Purchase and Sale Agreement according concluded between them of November 8, 2013 (including all annexes, amendments and supplements) (hereinafter referred to as the Agreement) and that they waive all and any claims arising from or related to this Agreement.

Final decision in civil case No. e2A-199-854/2025. In this case, Orion Global Pet, UAB filed a lawsuit against AB „INTER RAO Lietuva“, demanding compensation for losses in the amount of EUR 207,356.27, which, according to Orion Global Pet, UAB, were incurred when AB „INTER RAO Lietuva“ stopped supplying electricity in May 2022. The court of first instance dismissed Orion Global Pet, UAB’s claim in its decision of 17 December 2024. Orion Global Pet, UAB appealed the decision of the court of first instance, but the Lithuanian Court of Appeals dismissed the appeal in its ruling of 27 May 2025 and left the decision unchanged.

The decision of the Legislator in civil case No. e2A-75-467/2025. Company ROQUETTE AMILINA  filed a claim against AB „INTER RAO Lietuva“, demanding compensation for losses of EUR 6,113,348.33, which, according to ROQUETTE AMILINA , arose when Inter Rao Lietuva, AB stopped supplying electricity in May 2022. In this case, Inter Rao Lietuva, AB filed a counterclaim, demanding that ROQUETTE AMILINA be awarded a debt of EUR 1,170,021.60, EUR 43,056.79 in default interest, as well as 12.5 percent. procedural interest. By the decision of the Court of First Instance of 2024-09-30, the claim of ROQUETTE AMILINA was dismissed, and the counterclaim of Inter Rao Lietuva, AB was partially satisfied. After ROQUETTE AMILINA  and Inter Rao Lietuva, AB appealed the decision of the court of first instance, the Lithuanian Court of Appeal, by its ruling of 27 March 2025, rejected the appeal of ROQUETTE AMILINA and satisfied the appeal of Inter Rao Lietuva, AB. Thus, the claim of ROQUETTE AMILINA, AB was rejected, and Inter Rao Lietuva, AB was satisfied. ROQUETTE AMILINA  filed a cassation appeal with the Supreme Court of Lithuania, the court refused to accept the appeal and thus finally resolved the case in favor of AB „INTER RAO Lietuva“. ROQUETTE AMILINA paid all amounts of money awarded in favor of AB „INTER RAO Lietuva“.

The final decision in civil case No. e2A-39-881/2025 has entered into force. AB „ORLEN Lietuva“ had filed a claim against AB „INTER RAO Lietuva“, demanding compensation for losses of EUR 8,388,760.65, which, according to AB „ORLEN Lietuva“, were incurred by AB „INTER RAO Lietuva“, due to the cessation of electricity supply in May 2022. By the decision of the Court of First Instance of 2024-07-10, AB „ORLEN Lietuva“ claim was dismissed. After AB „ORLEN Lietuva“ appealed the decision of the Court of First Instance, the Court of Appeal of Lithuania dismissed the appeal by its ruling of 2025-03-12 and left the decision unchanged. AB „ORLEN Lietuva“ filed a cassation appeal with the Supreme Court of Lithuania. By its ruling of 2025-07-01, the Court of Cassation refused to accept the appeal and thus finally resolved the case in favor of AB „INTER RAO Lietuva“.

Please be informed that Alpiq AG informed Vilnius Regional Court that Alpiq AG waives its claim filed in civil case No. eB2-2568-864/2022.

Based on this on 22 July 2022 Vilnius Regional Court made the ruling to accept the waiver of claim, to discontinue the case regarding the decisions of the meeting of creditors of bankrupt AB INTER RAO Lietuva, taken on the 30th of June, 2022 and to cancel the stay of the extra-judicial bankruptcy proceedings of bankrupt AB INTER RAO Lietuva.

Therefore, the term to lodge the claims is reopened.

The extra-judicial bankruptcy proceedings were stayed from 12 July 2022 to 22 July 2022 (10 calendar days). The term to lodge the claims is prolonged for this period of 10 calendar days.

Based on the above, we suggest that creditors, who have not filed their claims yet, lodge their claims to the bankrupt AB “INTER RAO Lietuva” no later than 11 August 2022 and transfer them to UAB “Įmonių bankroto administravimo ir teisinių paslaugų biuras“, the insolvency administrator of the bankrupt AB “INTER RAO Lietuva”, either at its address Jonavos st. 16A, LT-44269 Kaunas or by e-mail: biuras@adminbiuras.lt, with the supporting documentation, indicating how the fulfilment of these requirements has been secured. (PDF)

Please be informed that Vilnius Regional Court has accepted the complaint of Alpig AG, by which Alpig AG requests to annul the decisions of the meeting of creditors of AB INTER RAO Lietuva, taken on the 30th of June, 2022.

Creditors of AB INTER RAO Lietuva have the right to submit to the Vilnius Regional Court a response to Alpig AG’s complaint (civil case No. eB2-2568-864/2022) until the 1st of August, 2022.

If you would like to receive a copy of Alpig AG’s complaint, please notify us by e-mail biuras@adminbiuras.lt.

The Vilnius Regional Court decided to stay the extra-judicial bankruptcy proceedings of AB INTER RAO Lietuva until the entry into effect of the judgement in this case. Considering this decision, the time limit for making creditor claims is suspended. We will inform you about the renewal of this time limit by separate notice.

We also inform you that on the 2nd of August, 2022, 9:00 a.m., Vilnius Regional Court (at Gedimino pr. 40, Vilnius) in a written procedure will examine the complaint of the applicant Alpig AG regarding the annulment of the decisions of the meeting of creditors of AB INTER RAO Lietuva (legal entity code 126119913) taken on the 30th of June, 2022. When the case is examined in a written procedure, the persons participating in the case are not invited to the court session and do not participate in it. Composition of the court: Judge Ramunė Mikonienė. Information is provided by phone 8 706 668 369 (Document Reception and Information Office). (PDF)

INTER RAO Lietuva, code 126119913 (hereinafter referred to as the Company) hereby informs that on 30 June 2022 the National Energy Regulatory Council in Lithuania (hereinafter – NERC) adopted the decisions to annul validity of the following permissions issued to the Company (i) the 31 January 2013 permission No. LI-0030 to import electricity, (ii) the 31 January 2013 permission No. LE-0020 to export electricity and (iii) the 17 January 2003 permission No. L1-NET-14 to conduct the activity of the independent  supplier of electricity.

The Company assumes that reasons of these decisions are the same as outlined in the Company’s current report No 18/2022 dated 27 May  2022. (PDF)

This is to inform you that the meeting of creditors of 30 June 2022 resolved to conduct an extrajudicial bankruptcy procedure of AB “INTER RAO Lietuva”, company code 126119913, legal address Antano Tumėno st. 4, Vilnius, and to appoint UAB “Įmonių bankroto administravimo ir teisinių paslaugų biuras“ as the administrator of this company (List of Persons Providing Insolvency Administration Services No N-JA0027, entered into the List on 21 October 2001, address – Jonavos st. 16A, LT44269 Kaunas, phone number +370-37-30 89 45, e-mail: biuras@adminbiuras.lt). The person authorized by the insolvency administrator is Aurimas Valaitis.

AB “INTER RAO Lietuva” acquired the legal status of a bankrupt company on 30 June 2022.

This is to inform you that according to Article 28 and Article 61 of the Law on Insolvency of Legal Entities, from 30 June 2022:

1. It is prohibited to fulfil the financial obligations of the legal entity that have not been fulfilled by 30 June 2022, including the payment of taxes, interest and penalties; collect debts from the legal entity; set off claims; calculate penalties and interest for the obligations of the legal entity that arose before 30 June 2022; establish compulsory mortgages, servitudes, usufruct; pledge property, provide a guarantee, suretyship or other security of the fulfilment of the obligations of other persons.
2. It is considered that the deadlines for the fulfilment of all obligations of the legal entity have expired.

Pursuant to Paragraph 1 of Article 41 of the Law on Insolvency of Legal Entities, all creditors of the company have the right to lodge their claims to the bankrupt AB “INTER RAO Lietuva” until 1 August 2022.

Based on the above, we suggest that you lodge your claims to the bankrupt AB “INTER RAO Lietuva” no later than 1 August 2022 and transfer them to UAB “Įmonių bankroto administravimo ir teisinių paslaugų biuras“, the insolvency administrator of the bankrupt AB “INTER RAO Lietuva”, either at its address Jonavos st. 16A, LT-44269 Kaunas or by e-mail: biuras@adminbiuras.lt, with the supporting documentation, indicating how the fulfilment of these requirements has been secured.

Pursuant to Article Paragraph 6 of Article 41 of the Law on Insolvency of Legal Entities, where a creditor fails to lodge his claim within a fixed time limit, his right of claim shall lapse.

Please send your e-mail address to the insolvency administrator of the bankrupt AB “INTER RAO Lietuva” at biuras@adminbiuras.lt. Please note that all information about the insolvency process of AB “INTER RAO Lietuva” will be provided to creditors only by e-mail.

Please note that you can check the credentials of the insolvency administrator of the bankrupt AB “INTER RAO Lietuva” on the website of the Authority of Audit, Accounting, Asset Valuation and Insolvency Management under the Ministry of Finance of the Republic of Lithuania at www.avnt.lt. (PDF)

AB INTER RAO Lietuva (hereinafter referred to as the Company) announces that Victor Kolotievskiy resigned from his position of a member of the Company‘s Supervisory Council from 16 June 2022. He also held the position of Chairman of Company‘s Supervisory Council. (PDF)

While INTER RAO Lietuva, code 126119913 (hereinafter referred to as the Company) disagrees with the decision of the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania that the Company is associated with persons who are subject to the international sanctions, and therefore assets and shares of the Company are frozen (details referred in the Company’s announcement dated 27 May 2022), such decision in fact limits the Company’s ability to timely perform monetary obligations to its creditors.

Therefore, the chief executive officer of the Company had to fulfil his statutory duty and on 7 June 2022 informed the creditors of the Company about initiation of the insolvency process under the Law of Insolvency of Legal Persons of the Republic of Lithuania. When further decisions in this process will be adopted, they will be announced in accordance with the applicable legal acts. (PDF)