According to A. Blazgys during the Business News radio show, the pending lawsuit concerning the unjustified termination of a 10-year operating contract is anticipated to exceed 20 million euros. Blazgys also indicated that the company intends to evaluate the resulting damage to its reputation, an issue exacerbated by public reporting surrounding the contract’s termination.
He noted that due to the current situation, some creditors have already begun withdrawing equipment previously rented to the company. The “Energesman” head stated that the resulting legal actions and overall damage would be substantial for both the company and its public standing. Separately, I.
Budraitė criticized V. Benkunskas, citing management failures attributed to the waste crisis. Benkunskas responded by stating that financial deficits accumulated from reduced income had previously been covered by the shareholders of Energesman.
However, he acknowledged that the factory’s operations had relied on the financing of the company’s shareholders up until the recent period. The combination of legal disputes over the contract’s termination and internal governance criticisms highlights significant financial and operational instability surrounding the enterprise. These developments underscore the pressure facing the company as it navigates both external litigation and internal resource management challenges.
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