Market announcement

City Service SE

LEI code

25940046BHY41BKNKJ92

Size of the entity

Large group

Economic activities

Real Estate Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

8389

Submission date and time

19.11.2020 07:15:01

Content of announcement in English

Title

Regarding the decision of the Court of Appeal of Lithuania

Message

On 8 October 2020 Court of Appeal of Lithuania announced its decision in appeal case in which Vilnius City Municipality Administration and Prosecutor General’s Office claimed EUR 20,6 million in losses from City Service SE further – the Company.

The Court of Appeal of Lithuania decided to annul the decision of Vilnius County Court dated 25 July 2019 and adopted a new decision – to dismiss Vilnius City Municipality Administration's and Prosecutor General’s Office's claim in full. The above mentioned decision of Court of Appeal of Lithuania takes effect from the date of its adoption.

Artūras Gudelis,
Chairman of the Management Board
+ 370 5 239 4900