Vilniaus Energija (Vilnius Energy), a local subsidiary of France's Veolia, has handed over the Lithuanian capital's heating grid to Vilniaus Šilumos Tinklai (Vilnius Heating Grid, or VST), a municipal company, after its 15-year lease on the assets expired on Wednesday.
Heating from Vilniaus Energija
© DELFI / Andrius Ufartas

"A deed of transfer has just been signed. It will take effect at midnight," VST spokeswoman Edita Sirutienė told BNS.

VST is taking over most of Vilniaus Energija's employees, more than 600 people, and will employ 670 people in total, she said.

The lease ended, but there are still many unresolved issues between Vilniaus Energija and the city.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

CERN is considering the possibility of establishing business incubation centre

Last week, CERN delegation paid a visit to Kaunas University of Technology (KTU) Santaka Valley. The...

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...

International investors discover Šiauliai

In recent years, Lithuania has seen a large influx of foreign investors. Whereas Vilnius and Kaunas...

Hungary may consider buying gas from Lithuania - president

Hungarian President Janos Ader said on Tuesday that his country might consider buying liquefied gas...