- About Us
M&A and CorporateRegulatory & Competition
The Government of Lithuania considered transferring operations of the Lithuanian airports to a private investor under a concession agreement. Meanwhile, a certain airport infrastructure in the Vilnius, Kaunas and Palanga airports needed to be reconstructed (runway, passenger terminals, baggage claims, etc.) before the concession. For the latter purpose, VĮ Lietuvos oro uostai, represented by TGS Baltic lawyers, negotiated with the EIB and NIB on investment financing. TGS Baltic lawyers had to propose a negotiation strategy to VĮ Lietuvos oro uostai which would allow to find a compromise on broad carve-outs in the financing contract and at the same time leave sufficient comfort to the lender.
VĮ Lietuvos oro uostai (Lithuanian Airports) is a state enterprise, which unites and manages Vilnius, Kaunas and Palanga airports, develops the activities of the three airports in a coordinated manner, offers a wide range of services as well as high standards of the quality of service rendered to passengers and partners.
Thank you for joining our mailing list
Subscribe to our newsletter and get latest updates on legal news.