The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France's Veolia group and the Lithuanian government.
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Vilniaus Energija, the French-owned company managing the central heating grid in the Lithuanian capital, has accused city authorities of obstructing efforts to find a contractor to appraise the infrastructure it has to hand over to the city next year. Meanwhile a city official said the move was mere...
Energy Minister Rokas Masiulis says that the arbitration case to be filed against Lithuania by the French group Veolia is a distraction tactic, adding that the government might counter-sue over violations by its subsidiary Vilniaus Energija.
The Arbitration Institute of the Stockholm Chamber of Commerce heard a dispute between Air Lituanica and Estonian Air regarding unilateral termination of commercial co-operation agreement.