Grigeo Klaipėda Faces €50.3 Million in Fines and Environmental Damages

Lithuania’s Šiauliai Regional Court has found Grigeo Klaipėda, a subsidiary of the listed Grigeo Group, guilty in a long-running environmental pollution case involving the Curonian Lagoon.

In its ruling on 6 November, the court imposed a €2 million fine and ordered the company to pay €48.26 million in environmental damages, accepting the full compensation claim submitted by Lithuania’s Environmental Protection Department.

The case concerns the discharge of untreated industrial wastewater between 2012 and January 2020. The court also imposed penalties on several individuals, including a €120,000 fine on Grigeo Group’s president, Gintautas Pangonis.

The judgment is not yet final. Grigeo Klaipėda has announced its intention to appeal. The group is assessing the potential financial impact of the ruling and whether further adjustments will be required in its 2026 financial statements.

The case now presents a substantial financial and legal challenge for the group, although the ultimate liability remains subject to appeal.

Source: Lithuanian Courts, 6 November 2026.