Skip to main content

AB Grigeo Klaipėda provided responsible authorities with international expert findings regarding assessment of possible environmental damage

AB Grigeo Klaipėda, a subsidiary company of AB Grigeo, has submitted to the Klaipėda Regional Prosecutor’s Office, the Environment Protection Department, and the Environment Protection Agency findings by foreign experts regarding possible damage to the environment when incompletely treated wastewater was discharged into the Municipal company’s AB Klaipėdos Vanduo collector and later flew into the Curonian Lagoon. According to the findings, the area of the Curonian Lagoon affected by AB Grigeo Klaipėda’s wastewater must have been limited, and neither the fish nor zooplankton has been affected.
Such international experts were selected by AB Grigeo Klaipėda on its own initiative through a tender process and engaged to carry out a multi-month expert examination to assess possible damage caused to the water condition of the Curonian Lagoon by AB Grigeo Klaipėda’s allegedly illegal discharge of partially treated wastewater. The assessment was conducted by Dr Carlo Monti – an Italian scientist and Executive Director of TIG Environmental Forensic Examination, who had conducted environmental impact assessments in different EU member states and in other foreign countries worldwide.The expert report analyses the composition of the combined wastewaters of AB Grigeo Klaipėda and AB Klaipėdos Vanduo as they get mixed before entering the Curonian Lagoon, also their impact on the local environment, the biodiversity, the ecological condition of the Curonian Lagoon, and the landscape. TIG Environmental has also emphasized that remedying of environmental damage must be based on the principles and methods of remedying such damage as defined in EU Directive 2004/35/EC, giving the priority to non-monetary environmental compensation methods.For more information, please see the attached press release.Gintautas Pangonis
President of AB Grigeo
+370 5 243 5801

Attachment2020-12-15 Press release

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.