M. Sinkevičius bought a state plot for less than a year and sold it five times more expensive (4)

As part of the National Land Service Reform, data indicates that the government transferred 457 state land parcels to the Jonava district municipality in January 2024. Among the properties sold by the state was a parcel situated in the central area of Jonava, specifically on M. Sinkiewicz’s Jonava street.

Details regarding this particular plot show a sequence of transactions involving M. Sinkiewicz. In May 2024, M.

Sinkiewicz reportedly purchased the parcel in Jonava for an initial auction price of 11.67 thousand euros, and he was noted as the sole participant in the bidding process. Subsequently, the property underwent another transfer. In 2025, the company Jurbarkas “Fondatum” reportedly bought the parcel from M.

Sinkiewicz for a total of 55 thousand euros. At the time of this later acquisition, one of the identified beneficiaries associated with the transaction was Viktor Uspaskich. The head of the company, Laimonas, was also mentioned in connection with the proceedings.

These records detail the movement of state assets within the Jonava region, highlighting multiple private transactions concerning land located near M. Sinkiewicz’s street. The progression of ownership—from government handover to M.

Sinkiewicz’s initial purchase, and finally to Fondatum—illustrates the recent commercial activity surrounding real estate in the area.

Topics: #jonava #sinkiewicz #bought

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