VILNIUS — Mall chain Akropolis has successfully sued the Vilnius regional government for 21.97 million litai (€6.37 million) because it says it paid too much for land it bought from the state.

The chain sued the district because the land it bought for 40.78 million litai is now worth less than half that value. Akropolis has already paid the difference.

The court ruled that the land had lost value during the two years because the surrounding area had not been developed as promised. The land, which should have been suitable with a car park and good surrounding streets, has not been developed.

The Vilnius County Legal Department announced that the government would appeal the ruling.

Akropolis is a subsidiary of the privately-held VP Grupė, arguably the most powerful group of business owners in the country.

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