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As Seimas member Karolina Štelmokaitė announced on her Facebook page, V. Uspaskich draws “magical” water from a well in Rokiškis, and Upas mineral water is produced by the UAB Lamikara company. V. Uspaskich announced this water as a “miracle” treatment for COVID-19.
Investment in mineral water production was the idea of other businessmen; They were unsuccessful, so they sold their business in Rokiškis.
The company was bought by Edvervita, a group controlled by the sons of V. Uspaskich.
Edvervita also controls Krekenava Agrofirma, Mantviloniai, Vijoka, Gyvas Žalias and Anthropos Health in Lithuania. And in Russia, this company has invested 23 million. Eur to the capital of OOO Vikonda Develpment, specified in 2019. report.
After the acquisition, the mineral water producer’s financial results deteriorated further and debt increased dramatically.
V. Uspaskich continues to defend his claims on Facebook, does not deny that the business is run by his children and bases the margin on “implementing an idea and creating technology.”
Other entrepreneurs tried to bottle the mineral water, from which the business was bought.
Lamikara was established in 2001. August in Trakai and was initially engaged in freight services. In 2007, before the investment in the artesian well, the company’s sales amounted to almost one million euros and the profit exceeded 10 thousand. in documents submitted to the Registry Center.
2008 On August 19, an artesian well, outbuildings and a building permit for a mineral water bottling workshop were acquired and registered. 2010 Construction works began, mineral water inspections. It can be seen that the company’s debts to suppliers increased to almost 1 million litas at that time.
2011 states that “mineral water has been tested and officially recognized in the EU;
This was the area in 2012:
2013 The company’s income was already only 37 thousand euros, the company made a small profit, but the debt of raw materials with suppliers amounted to 260 thousand euros. in the explanatory note.
2016 no financial statements were presented and in 2017 – A new manager was appointed, an accountant, who became the main shareholder of the UAB Edvervita, led by the relatives of Viktoras Uspaskich, on May 29 of that year. 10 percent The shares were acquired by the woman who ran the company, but she sold these shares to Edvervita in December this year.
If in 2017 the value of the assets of the company was still 341 thousand. EUR, a year later, in 2018, jumped four times, to 1.5 million. euros. In September of that year, the shareholders of the company decided to move its registered office from the Trakai district to the Rokiškis district in Miškininkų st. 2, where the mineral water bottling workshop is located.
The area of 0.3 hectares here is for industrial and storage purposes, the average market value of the land parcel is 10 thousand. euros. The year of completion of the building, it is said, is 2019, its total area is 950 square meters, the replacement value is 385 thousand. EUR, significantly exceeds 61.6 thousand. Average market value of 1 million euros, indicated in the “Registration Center”.
2019 the director and accountant changed again, the number of employees increased from 2 to 5, the assets further increased to almost 2 million. EUR, but the net profit was only 2.5 thousand. indicated in the explanatory note.
This company both in 2019 and 2018 suffered significant losses: 207 and 107 thousand, respectively. At that time, sales revenue was only 2.4 and 3.5 thousand euros, respectively. by year. In both 2017 and 2016, the company also incurred losses, 130 and 43 thousand, respectively. euros.
2019 At the end of the year, the company’s debt amounted to 2.3 million. and equity was negative.
All the time until 2017. the head of the company was JM, he owned half of the shares of the company, but the person is currently dead. Together with this manager, the finances of the company have been managed for many years by an accountant, with whom Delfi has managed to contact, assures that mineral water is not a medicine.
The former accountant explains that the sale was unsuccessful
Until 2017, the former accountant of the mineral water producer Lamikara, Delfi, did not suspect that it was the same mineral water that V. Uspaskich advertised on Facebook. He explained that the former owners wanted to develop the business, but were unsuccessful.
“As much as possible, they tried to trade abroad, they tried in Lithuania. There were two. They didn’t find a good market. What they offered them was a much lower price. He was looking for a new plan, and he didn’t leave either. One supervised one area, another another. And then it turned out that they decided that they could sell and buy something else for themselves. Because they don’t go out to trade profitably, but in whatever way they don’t want to. And it turned out that people found an opportunity and sold for that, maybe others had larger areas, “said the woman.
He says he does not know what the “company that bought” the former owner’s company was doing.
“It just came to our knowledge then. The debts they had when they sold the business as soon as they received the advance were paid off immediately. An advance was much less than necessary,” says the former accountant.
The woman asked: “And what happens to that company?” We explain that this mineral water is now advertised as a cure for the coronavirus. It made the woman laugh.
“I didn’t even know that this water was going to Uspaskich and that it healed people that way. It did not have healing properties, but supportive, because that mineral water was neutralized, as you would say, it was good for people, but here it is not a medicine, “said the accountant.
Delfi also contacted 10 percent. former owner of a block of shares, the manager, but assured, wanting to refrain from commenting: The business has just been bought back with the aim of building a factory and producing mineral water.
V. Uspaskich continues to advertise mineral water on Facebook
“Our team has been using this technology for a decade, just preparing preparations on a daily basis and thus helping ourselves to develop immunity to virtually most of the viruses and bacteria that exist in our lives. This technology is used by our family members, my 4.5-year-old granddaughter has gained immunity against ten different viruses, and now she lives happy, healthy, walks to kindergarten, and almost the only one is not sick. So our team, seeing the great tragedy of the coronavirus, has set itself the task of developing a program and structuring the water for mass use to help gain immunity against COVID-19 and alleviate symptoms and help the patient recover faster. ”He said on December 28. wrote V. Uspaskich.
He also spoke about it in the videos of December 30, arguing that it is no secret that the shareholders are children, he assured that the profit accusations are defamatory.
“I developed super technology with my group,” Uspaskich said.
He continued to promote the mineral water product, making claims as if it had healing properties.
“The idea itself, the creation, really took a lot of money, and to prepare for production, you need a lot of preparation to do it. The very idea of structuring the water, although mine, since I have been using this technology for about 11 years, used by my relatives, I will not give it up, and I can say that I managed to give up this technology many health problems such as gout, tics nervous, like internal organs like a malignant tumor, “Uspaskich said, adding that the medicine was” powerless to help. “
Viktor Uspaskich
© DELFI / Josvydas Elinskas
It has already been announced that V. Uspaskich offered his followers water for 1.5 euros a bottle, and the smallest “first-aid kit”, which supposedly protects against COVID-19, is 24 bottles for 36 euros, said the member of the Seimas K Štelmokaitė.
“I can say, I calculated that the products that the factory now produces are sold for 40 cents, which is much cheaper than the price that sounded somewhere in the public space. Listen, go to the pharmacy, pharmacies run the cost of producing any medicine, tablets and everything else is 5-20 times what you pay. (…) It is not up to you to calculate how much can be invested there and at what cost. So the implementation of my idea and the development of the technology also cost a lot of money, “assured V. Uspaskich.” V. Uspaskich did not see the problem of price differences.
The State Food and Veterinary Service (SFVS) responded to information in the public sphere and reports from alarmed consumers on December 29. has launched an investigation into a potentially misleading ad campaign offering consumers to buy water that purportedly helps protect against COVID-19 coronavirus infection or treat it when already sick.
In Lithuania, as in other EU countries, no therapeutic or prophylactic properties can be attributed to them in the labeling, presentation or advertising of various food products. Specific permitted food and health claims, such as vitamin C, help support the immune system, are very clearly defined and strictly regulated, and their use is subject to robust research and only with permission from the European Commission, according to the SFVS report.
It is strictly prohibited to use the information published by DELFI on other websites, in the media or elsewhere, or to distribute our material in any way without consent, and if consent has been obtained, it is necessary to indicate DELFI as the source .
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