August 21 a decision was made to impose a fine on UAB “Judex” for the fact that the company was late in settling with five suppliers for perishable agricultural and food products, which must be settled within 30 calendar days.
The agency does not publish the names of the suppliers, but their annual turnover did not exceed 350 million. euros.
According to the conclusion, “Judex” bought 457 kg of chilled pork cutlet meat from one supplier for 1,245 euros (including VAT), and from another – 3,000. kg of peeled potatoes for 1815 euros, from the third – 1.5 thousand. kg of peeled potatoes for 925 euros, from the other two – 900 kg of vanilla-flavored dessert curd for 2395 euros and 25 kg of fresh thinned chicken broiler fillets for 885 euros.
The total amount of overdue debt for all suppliers amounted to 509 euros, but the initial amount of the fine was increased by 25 or 100 percent. The total final fine for the company amounts to 1020 euros.
The buyer must pay for perishable products within 30 days at the latest, the agency reminds.
According to the registry center, the sole shareholder of Judex is Sigitas Mačiulis, and the beneficiary of the company is Raminta Gražulienė, the ex-wife of former member of the Seimas, now member of the European Parliament (EP), Petros Gražulis (76 percent of shares).
Last November, the Supreme Court of Lithuania (LAT) upheld the conviction of P. Gražulis, who was convicted of abuse. Using his status as a member of the Seimas, Mr. Gražulis helped manage Judex’s problems when Russian officials found listeria bacteria in the company’s products in 2015.
For this, the Court of Appeal of Lithuania awarded the politician more than 15 thousand in June 2022. EUR fine and ordered to confiscate over 3.3 thousand. euros.
Also on September 3. a decision was made to impose a fine on MB “Mitybos Projektas”. This company was also late in accounting for perishable agricultural and food products.
The buyers’ actions violated the requirements of the Law on Prohibition of Unfair Trade Practices in the Supply Chain of Agricultural and Food Products of the Republic of Lithuania.
Decisions of the Agricultural Agency on fines may be appealed within 30 days from the date of receipt.
window.fbAsyncInit = function() {
FB.init({
appId: ‘117218911630016’,
version: ‘v2.10’,
status: true,
cookie: false,
xfbml: true
});
};
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {
return;
}
js = d.createElement(s);
js.id = id;
js.src = “https://connect.facebook.net/lt_LT/sdk.js”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
#companies #received #fines #late #settling #suppliers #perishable #food #products #Business
2024-09-10 03:33:16
Table of Contents
UAB Judex Fined for Late Payment to Suppliers: A Case of Unfair Trade Practices
On August 21, the Agricultural Agency of Lithuania imposed a fine on UAB Judex, a Lithuanian company, for its failure to settle with five suppliers for perishable agricultural and food products within the required 30-day period. This decision comes as a reminder to companies to adhere to the Law on Prohibition of Unfair Trade Practices in the Supply Chain of Agricultural and Food Products of the Republic of Lithuania.
Background on UAB Judex
UAB Judex is a processor and supplier of frozen potatoes, frozen meat, pizza, pasta, pies, and prepared food based in Lithuania [[1]]. The company operates in various domains, including oil and lubricants, alcoholic and non-alcoholic beverages, fuel, and petroleum products [[2]]. According to Dun & Bradstreet, Judex is involved in aerospace product and parts manufacturing, agriculture, construction, and mining machinery manufacturing, among other activities [[3]].
The Incident
The suppliers, whose annual turnover did not exceed 350 million euros, provided Judex with various products, including chilled pork cutlet meat, peeled potatoes, vanilla-flavored dessert curd, and fresh thinned chicken broiler fillets. However, Judex failed to settle the payments within the required timeframe, resulting in an overdue debt of 509 euros. The initial fine was increased by 25 or 100 percent, and the company was eventually fined 1020 euros.
Connection to Petros Gražulis
Interestingly, the sole shareholder of Judex is Sigitas Mačiulis, while the beneficiary of the company is Raminta Gražulienė, the ex-wife of Petros Gražulis, a former member of the Seimas and current member of the European Parliament. In 2015, Judex faced issues when Russian officials found listeria bacteria in the company’s products. Petros Gražulis used his status as a member of the Seimas to help manage Judex’s problems. For this, he was convicted of abuse and fined 15,000 euros, with an additional 3,300 euros confiscated.
Implications and Takeaways
The Agricultural Agency’s decision serves as a reminder to companies to comply with the law and settle payments with suppliers within the required timeframe. Failure to do so may result in fines and damage to a company’s reputation. This incident also highlights the importance of fair trade practices in the supply chain of agricultural and food products.
the case of UAB Judex serves as a cautionary tale for companies operating in the agricultural and food industry in Lithuania. It is essential for businesses to prioritize timely payments to suppliers and adhere to the relevant laws and regulations to avoid legal and financial consequences.
– What are the legal implications for UAB Judex following the fine for late payments to suppliers?
UAB Judex Fined for Late Payment to Suppliers: A Case of Unfair Trade Practices
On August 21, the Agricultural Agency of Lithuania imposed a fine on UAB Judex, a Lithuanian company, for its failure to settle with five suppliers for perishable agricultural and food products within the required 30-day period. This decision comes as a reminder to companies to adhere to the Law on Prohibition of Un
