Insolvent: Marijampolė Sugar Factory is operating normally Business



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According to the appointed administrator, the company’s activities were paralyzed for two days, while some of its managers and others opposed the court’s decision to transfer control of the company. The court order was said to have been executed only on Wednesday morning.

“Employees are preparing for the upcoming sugar beet buying season, which we plan to start at the usual time, in the second half of September. It is true that at the moment we are isolated from the accounting and other vital IT systems that are managed by servers located in the Arvi Group, but I hope this problem will be solved ”, said Kęstutis Butkus, the representative of the designated administrator.

On Wednesday, the portal wrote for 15 minutes that former employees of the Lietuvos cukrus company could have been beaten and the newly hired security guards were removed.

According to Erikas Rugienius, lawyer for the Lietuvos Dujos shareholder, the security personnel hired by the new manager began arriving at the factory premises around four in the morning. Some executives were still meeting at the factory at the time, guarded by another security company.

“The place was invaded with axes after breaking the door. Two security guards on duty were beaten and taken to the field, handcuffed, “E. Rugienius told the portal.

Kęstutis Butkus, representative of Insolvensa, told BNS on Wednesday that some of the administration employees did not want to acknowledge the court ruling and “persuaded the security service” Quintencija “, which did not allow the administrator to enter the administrative facilities and carry out his activities”.

“This morning (Wednesday – BNS) we entered the premises together with the” Ekskomisarų biuras “service and the” Kvintencija “security service, which we hired, practically no longer carries out any activity here, the contract with them has been suspended”, said K .Butkus.

The Kaunas Regional Court granted provisional measures and ordered the administration last week. It also suspended the powers of Lina Minderienė, director of Lietuvos Dujos, who had already resigned, and Rimas Smolskas, director of the Cypriot company Hofenberg Limited, and the decision to close the restructuring case and file bankruptcy proceedings against Lietuvos Sugar was due September 23.

In 2018 a restructuring case was filed for Lietuvos Dujos, indirectly managed by businessman Vidmantas Kučinskas.



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