TANSFER OF THE BUSINESS CARRIED OUT BY BRANCH “GASCHEMA“ OF AB “ACHEMA“ TO UAB “GASCHEMA LT“

We hereby inform You that the Board of Public Limited Company “Achema” (the Company) has adopted the resolution to establish a new legal entity and to transfer the business carried out by Company Branch “Gaschema”, company code 256877060 thereto.

 

In implementing this resolution of the Board, the Company has established Private Limited Company UAB “Gaschema LT“, legal entity code 304434538, TAX code LT100010600319, to which the business carried out by the Company’s Branch “Gaschema” is to be transferred, including the account liabilities and creditor claims of the Branch, as well as the rights and obligations of the Branch under agreements with business partners.

 

It is planned that the newly-established UAB “Gaschema LT“ will take over and continue the business currently carried out by the Company’s Branch “Gaschema”, as the branch of the Company, as of 01-01-2017.

 

During and after the transfer of the business the Company aims to ensure a continuous follow-up of the business currently carried out by the Company’s Branch “Gaschema”. We undertake to ensure that UAB “Gaschema LT“, which will be established by the Company after the transfer of the business, will continue the activities of the Company’s Branch “Gaschema” and will perform the inherited liabilities in the same manner and to the extent in which they are carried out by the Company’s Branch “Gaschema“’; UAB “Gaschema LT“ will also acquire the rights and duties of the Company’s Branch “Gaschema“. We also ensure that the planned transfer of the business will not have a negative impact on creditors – the existing commitments to creditors will be taken over by UAB “Gaschema LT” and performed according to the same procedures and terms as applicable to the Company Branch “Gaschema“.

 

 

 

 

 

Director of Branch “Gaschema”of AB “Achema“

Dainius Pupinis