LITGRID AB's Approval of Humanitarian Aid Agreement

Author: Evelyn Baker Updated: 10-17-2025 09:18 AM

Key Decisions from the LITGRID AB Extraordinary General Meeting

The Extraordinary General Meeting of Shareholders of LITGRID AB, a prominent company specializing in energy infrastructure, convened recently to discuss critical decisions that underpin the company's commitment to social responsibility and support for Ukraine.

Humanitarian Aid Agreement Approval

A significant decision made during this meeting was the approval of the Board's earlier resolution from September 25, 2025, which focused on entering a humanitarian aid provision agreement. This arrangement aims to support the recovery of Ukraine's energy sector, which has faced enormous challenges.

Objective of the Humanitarian Aid

The core objective of this proposed humanitarian aid is to facilitate the restoration of facilities within the Ukrainian energy sector that have suffered damages due to ongoing conflict. By offering integral assets owned by LITGRID AB, the company aims to play a pivotal role in the restoration efforts that are crucial for Ukraine's energy resilience and revitalization.

Details of the Agreement

The agreement outlines several essential terms, including the provision of assets worth EUR 0.87 that LITGRID AB owns. The company partnered with an authorized entity designated by the Ukrainian government to receive such humanitarian aid, ensuring that the support is directed efficiently and effectively to those in need.

Empowering Leadership through Authorization

To put this agreement into action, the Extraordinary Meeting granted authorization to the Chief Executive Officer of LITGRID AB. This authorization includes the power to delegate responsibilities, thereby allowing for a swift and responsive execution of the agreement's terms. The CEO could negotiate and finalize additional terms that are deemed necessary but not essential to the agreement.

Company Contacts for Further Information

For stakeholders and interested parties seeking more information about this decision, they can reach out to Jurga Eivait?, the Communications Project Manager at LITGRID AB, using the provided contact number or email.

Contact:
Jurga Eivait?
Communications Project Manager
+370 613 19977
jurga.eivaite@litgrid.eu

Frequently Asked Questions

What is the main purpose of the humanitarian aid agreement?

The main purpose of the agreement is to provide support for the restoration of the damaged facilities in Ukraine's energy sector.

Who approved the humanitarian aid provision agreement?

The Extraordinary General Meeting of Shareholders of LITGRID AB approved the humanitarian aid provision agreement based on the Board's earlier decision.

What type of assets will LITGRID AB provide?

The assets provided by LITGRID AB for this humanitarian effort have a carrying amount of EUR 0.87 and are integral to supporting the energy sector in Ukraine.

Who can be contacted for more information regarding the agreement?

Interested individuals can contact Jurga Eivait?, the Communications Project Manager, for additional insights.

What is LITGRID AB's role in this humanitarian effort?

LITGRID AB's role is to provide essential assets to assist in the humanitarian aid aimed at restoring Ukraine's energy sector, demonstrating corporate responsibility.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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