Lithuania


Latest report on Bankruptcies and business restructuring proceedings
Update on National Insolvency Statistics (February 2023)
by Andrius Juškys and Frank Heemann from bnt attorneys in CEE 
Update: February 2023

Official insolvency statistics can be found here (available in English).
Source: The Authority of Audit, Accounting, Property valuation and Insolvency Management.
Update: May 2023

We are grateful to Frank HEEMANN at bnt attorneys in CEE (LITHUANIA) and INSOL Europe Country Coordinator for sharing this information.

Further information
The new insolvency portal in Lithuania: A pivotal moment in digitalization
By Indrė VERENIŪTĖ (Chief Specialist, Ministry of Finance, Republic of Lithuania)
Source: Eurofenix, 2023 Spring edition
Latest News

Claire’s has collapsed into administration in the UK and Ireland operations, placing more than 2,000 jobs at risk.

On 13 August 2025, Claire’s UK and Ireland operations entered administration, placing over 2,000 jobs and around 300 stores at risk - specifically affecting 306 stores across those regions. Following…

BCN3D assets acquired by Quantum after bankruptcy filing

Quantum, a company founded by private investors with ties to Industry 4.0, has acquired all assets of BCN3D following its bankruptcy filing in May. The acquisition, which includes BCN3D's headquarters…

UK's third-largest steelworks collapses into government control

The UK’s third-largest steelworks, Speciality Steels UK (part of Sanjeev Gupta’s Liberty Steel), has been placed under government control after being declared insolvent. Nearly 1,500 jobs in Rotherham…

A single ransomware attack has pushed this business into insolvency

German mobile phone insurance, repair, and logistics provider Einhaus Group has disclosed the devastating impact of a 2023 ransomware attack. Once employing 170 staff and generating €70 million annually,…

Find an event
Find an event
 
Year (YYYY) City Country