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.
Heating
© DELFI / Karolina Pansevič

The city council should decide on the matter later on Wednesday. The municipality said the claim would be 190,000 euros, with suits to be filed by 20 institutions. Private companies are also invited to join in.

"The sum of the claim has been calculated by the heating bills of every institution over the period, as well as in light of the possible overpayment of 5 percent for heating as a result of deals between Vilniaus Energija and Bionovus," Vilnius Vice-Mayor Valdas Benkunskas told BNS. In his words, the municipality's claim is 46,000 euros.

The vice-mayor said the claim is based on the Competition Council's decision about restricted market competition.

Nerijus Mikalajunas, spokesman for Vilniaus Energij a, said municipal companies were not charged extra for heating, noting that the claim would be void.

The Competition Council slapped a 19-million-euro fine on Vilniaus Energija in December 2015 for signing a deal with First Opportunity (formerly Bionovus), an Estonia-registered biofuel supplier, to purchase biofuel exceptionally from the latter company for a period of five years. In the watchdog's opinion, the agreement may have adversely affected competition and consumers.

US tariffs to affect 0.12 pct of exports to US

US tariffs on 7.5 billion US dollars’ worth of EU goods, imposed by President Donald Trump last...

SBA to produce modular apartment buildings

The SBA Group, one of Lithuania’s largest corporate groups, has taken the decision to enter a new...

Multifunctional car park is nearing completion at Vilnius airport

Construction of a modern multifunctional car park commenced at Vilnius airport last year is nearing...

New success for Vilnius: ranked No.1 by Financial Times

Financial Times ’ fDi Intelligence division announced the list of 30 cities that have attracted the...

Highest-earning athletes named

15 basketball players, three football players and two ice hockey players got into the Top-20 of...