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VLN: GRG: GRIGISKES AB terminates an agreement of rent

01/30/2012 | 07:40am
Grigiskes AB
Notification on material event
GRIGISKES AB terminates an agreement of rent

Vilnius, Lithuania, 2012-01-30 13:03 CET (GLOBE NEWSWIRE) -- On October 06, 2011, GRIGISKES AB and MEDIENOS PLAUSAS AB, the company in bankruptcy, have signed a contract of lease of a part of premises, production and other equipment owned by MEDIENOS PLAUSAS AB, the company in bankruptcy.

After a reassessment of the market situation, the rented asset's condition and the necessary level of investments to carry out an activity, GRIGISKES AB unilaterally terminates the lease contract mentioned above from February 1, 2012.

         Gintautas Pangonis
         General Director
         (+370-5) 243 58 01

 
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