TGS Baltic advised VĮ Kelių priežiūra, a state enterprise maintaining roads in the whole of Lithuania

06.05.2018 TGS Baltic advised VĮ Kelių priežiūra, a state enterprise maintaining roads in the whole of Lithuania

The Government of Lithuania started a reform of state enterprise due to which the legal form of VĮ Kelių priežiūra, a state enterprise maintaining roads in the whole of Lithuania, as well as performing road construction works, was changed from state enterprise (VĮ) into public limited liability company (AB).

TGS Baltic advised AB Kelių priežiūra on all legal issues related to the transformation, our consultations included legal advice and management/supervision of the whole transformation process, including, but not limited to, drafting of the action plan, consultations on asset valuation and share capital formation issues, advising on state aid and other competition issues related to the change of the legal status, drafting of all necessary documents. 

TGS Baltic advised VĮ Kelių priežiūra on all legal issues related to the transformation, our consultations include legal advice and management/supervision of the whole transformation process, including, but not limited to drafting of action plan, consultation on asset valuation and share capital formation issues, advising on state aid and other competition issues related to the change of the legal status, drafting all necessary documents.