Company briefs - 2007-09-12

  • 2007-09-12
Danish-owned BNE began to dismantle several wind turbines in western Lithuania that were never used. According to Lietuvos Zinios, BNE will eventually ship the equipment out of the country. The company refused to comment the situation. BNE invested some 25 million litas (7.2 million euros) in the wind power park, the first of its kind in Lithuania. The turbines, located near Klaipeda, would have produced 3 million litas of electrical energy since 2005 when they were ready to be put into operation. However, the investment stumbled due to opposition from a local family, which had contested the detailed plan of the territory in court. Anicetas Ignotas, an Economy Ministry undersecretary, expressed regret and said that Lithuania had shown foreign investors that it is an unsuitable place for such projects.
"
"