Snaigė files for bankruptcy and halts fridge production in Alytus

Snaigė, the only refrigerator manufacturer in the Baltics, is abandoning its ongoing restructuring: chief executive Darius Varnas asked the Kaunas Regional Court on 30 Sep 2026 to end the restructuring case and open bankruptcy proceedings. The company points to difficult sales markets, no clear prospects of continuing operations and persistent losses. The Alytus plant is ceasing operations and 190 employees are being laid off (15min / BNS, 1 Oct 2026; second source: LRT English, 1 Oct 2026).