Dainius Stasiulis

TGS Baltic advised Green Genius, one of Europe's leading renewable energy companies, on acquiring a 85-MW wind farm in Lithuania

Our client Green Genius, an international renewable energy company, has signed an agreement to purchase 100% of the shares in the company having rights to develop85 MW wind farm in Lithuania. 

TGS Baltic advised Moller Real Estate Baltic AS on selling of Audi and Volkswagen dealership buildings in Vilnius

TGS Baltic represented Norwegian company Moller Real Estate Baltic AS on the sale of Audi and Volkswagen dealership buildings in Vilnius via share deal of 100% of shares in SPV’s. The shares were acquired by the real estate fund UAB Eika Real Estate Fund managed by the management company UAB Eika Asset Management.

TGS Baltic – part of the largest office deal in the history of the Baltics worth EUR 156,1 m

Deka Immobilien, a German real estate manager, acquires from Norwegian Schage Eiendom AS the Quadrum BC in Vilnius, Lithuania. This sale represents the largest office transaction ever in the Baltic region and it is expected to close within about two months, subject to competition authority approval.

TGS Baltic advised on the transfer of UAB KS Investicija shares and on signing the biggest office space deal in the Baltics with UAB Tesonet

TGS Baltic team successfully represented leading Italian company in the field of infrastructures, technological systems and services

TGS Baltic team successfully represented one of the largest infrastructure companies in Italy in arbitration proceedings under the Rules of Arbitration of the Vilnius Court of Commercial Arbitration in a dispute with one of Lithuania’s municipalities regarding the breach of a contract and predetermined damages. 

Vilnius street lighting system renovation

The Vilnius city municipality signed a public-private partnership (PPP) agreement for the modernization of the city’s street lighting. The principal investment was to comprise the replacement of existing street, pedestrian crossing and tunnel light fixtures with new light emitting diodes (LED) and the implementation of a new remote control and adjustment system.

TGS Baltic assisted UAB Electrolux

TGS Baltic assisted the client in implementation of the new Labour Code of Lithuania. Also, TGS Baltic counselled the client on various employment law matters (such as termination of employment contracts, assessment of employees, etc.). Also, our assistance included providing the client with information re third pillar pension schemes in the Baltics.

TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai

TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai, on selling the S7 office complex to Eastnine, a Swedish investment company. The transaction is a record transaction in the office real estate segment in the Baltic States and by far the largest acquisition of commercial real estate in recent years.

TGS Baltic team successfully represented UAB Versina in an arbitration dispute with Atzwanger S.P.A.

TGS Baltic team successfully represented one of the largest construction services companies in Lithuania UAB Versina in arbitration proceedings under the Rules of Arbitration of the Vilnius Court of Commercial Arbitration in disputes with the Italian subcontractor Atzwanger S.P.A. regarding additional costs incurred by the latter.

TGS Baltic advised AUGA group, AB

TGS Baltic advised AUGA group, AB and its largest shareholder Baltic Champs Group, UAB, in implementing a secondary public offering (SPO) of shares of the company in Lithuania, as well as admitting new shares to trading on Polish and Lithuanian markets (on the Warsaw Stock Exchange and AB Nasdaq Vilnius), and transferring all its shares from the Additional Trading List to the Official Trading List. 

TGS Baltic counselled DS Smith Packaging Lithuania

TGS counselled the client with regard to preparation for implementation of the new Labour Code and formation of a Work Council. Also, TGS counsels the client on various employment law matters (such as employee remuneration issues, conclusion of non-competition and confidentiality agreements, introduction of part-time work, incentives, redundancy, compensation for business trips, etc.).

Provided legal consultations to the Lithuanian Road Administration and the Ministry of Economy of the Republic of Lithuania

Provided legal consultations to the Lithuanian Road Administration and the Ministry of Economy of the Republic of Lithuania with regard to implementation of the Palanga by-pass construction and maintenance project by way of public-private partnership.

Advised the Panevėžys City Municipality

Advised the Panevėžys City Municipality in negotiating for and concluding a concession agreement for a sports arena in Panevėžys.

Advised East Capital Explorer (Eastnine)

Advised East Capital Explorer (Eastnine) in acquiring the business centre Vertas for office premises in the central part of Vilnius.

Advised the International Vilnius Airport

Advised the International Vilnius Airport on issues related to the airport runway reconstruction project.

Advised VĮ Ignalinos atominė elektrinė (Ignalina Nuclear Power Plant)

Advised VĮ Ignalinos atominė elektrinė (Ignalina Nuclear Power Plant) on a contract for modernisation works in an object of particular importance. Legal services included negotiations with the institution financing the project and the contractor.

Advising the Klaipėda Free Economic Zone Management Company

Advising the Klaipėda Free Economic Zone Management Company on issues related to development of real estate objects (construction, lease, sale, etc.).

Advising UAB Vilniaus kogeneracinė jėgainė

Advising UAB Vilniaus kogeneracinė jėgainė on various issues related to construction of the power plant.

Advising UAB Baltisches Haus

Advising UAB Baltisches Haus, a major real estate portfolio manager in Lithuania, on development of various commercial and other objects.

Advising UAB M.M.M. Projektai

Advising UAB M.M.M. Projektai, one of the biggest developers of office and residential premises in Lithuania, on development of various office and residential objects.

Advising Akropolis Group on development of various commercial objects

Advising Akropolis Group on development of various commercial objects, including the construction of some of the largest shopping and entertainment centers in the Baltic States in Riga (Latvia) and Vilnius, as well as renovation and lease of shopping centers in Lithuania.

Providing legal consultations to Lithuanian companies of Schage Group

Providing legal consultations to Lithuanian companies of Schage Group, Norwegian capital real estate developer, for over 15 years on all issues related to various real estate development projects, including the development and lease of a major complex of office buildings Quadrum Business Centre (over 45,000 sq. m) in the central part of Vilnius.