Major Assignments - Transport & Infrastructure

Nordica acquired full ownership of Xfly from Polish LOT

The Estonian national airline Nordic Aviation Group (Nordica) and the Polish national carrier Polskie Linie Lotnicze LOT S.A (LOT) reached an agreement to end their joint venture in Regional Jet OÜ (Xfly). Nordica purchased LOT’s 49% share in Xfly, a leading European ACMI-services provider, after which Nordica became its sole shareholder. TRINITI transport & infrastructure legal team – partner Tõnis Tamme and senior associate Ain Kalme, advised Nordica in the contract negotiations and assisted with the closing of the transaction.

Advising the EU on setting up Rail Baltica Business Network and Study on the Business Case of Rail Baltica

TRINITI, together with a leading CEE business consultancy Civitta, communication agency Meta Advisory Group and Malla Paajanen Consulting successfully completed a Service Contract for the European Commission (DG-MOVE) for a study on the business case of the Rail Baltica project and setting up a Rail Baltic Business Network in Finland, Estonia, Latvia, Lithuania and Poland. Altogether 22 business network events were organised in the course of 2017 and 2018 for informational, experience-sharing and discussion purposes which attracted over 1100 attendees from both the public and the private sector. Read more

Risk analysis of the Estonian part of Rail Baltica

TRINITI carried out the risk analysis of the planning and construction phase of the Estonian part of Rail Baltica project in cooperation with Ernst & Young Baltic. The analyses  mapped the risks embedded in the large-scale cross-border infrastructure project and provided input for establishing a comprehensive risk management system for Rail Baltic Estonia OÜ. Among others the risks related to the financing, project Management and procurements of the Rail Baltica project were assessed in four categories – money, time, quality, and reputation. Advocates Tõnis Tamme and Sandor Elias participated in the preparation of the risk analysis on behalf of TRINITI

TRINITI partner advised the restructuring of Lithuanian Railways

TRINITI partner Tõnis Tamme acted as a legal adviser for a leading CEE business consultancy CIVITTA providing recommendations for the state-owned Lithuanian Railways Ltd (LG). The Lithuanian parliament approved the restructuring plan of the Lithuanian railway incumbent in December 2018 according to a holding model. Read more

TRINITI - a legal adviser in the reorganization of state-owned enterprises in charge of maintenance of the Lithuanian roads

TRINITI has advised the Lithuanian Road Administration under the Ministry of Transport and Communications on the reorganization of state-owned enterprises carrying out maintenance of roads with strategic importance for Lithuania. During the process which took less than a half-year, 10 state-owned enterprises were successfully integrated in the State Enterprise “Kelių priežiūra”. The reorganization was carried out with the aim to optimize and reduce the costs of management of state enterprises maintaining the roads of state importance and to form an efficient centralized model of maintenance of roads of state importance.

During the large-scale reorganization process the experienced TRINITI lawyers, led by Associate Partner Giedrė Čiuladienė, prepared the necessary documents and advised the Lithuanian Road Administration under the Ministry of Transport and Communications on all matters of reorganization that have arisen.

Advising Republic of Estonia in Rail Baltic joint venture

Our Transactions team advised the Republic of Estonia, acting through the Ministry of Economic Affairs and Communications, in connection with the negotiations of the shareholders agreement of RB Rail AS, the joint venture created by three Baltic governments for the construction of Rail Baltic, a 5 billion EUR convenitional-fast European standard-gauge electrified railway from Tallinn to the Lithuanian-Polish border.

540 M EUR Phase I financing for Rail Baltic from the European Union

The European Commission granted EU co-financing for the implementation of Phase 1 of the Rail Baltic project for the construction of an European-gauge railway line linking the three Baltic states with the rest of Europe at 81.83 per cent. Read more

PPP Tender for the Palanga Road Bypass

TRINITI real estate team represented a major Lithuanian road construction company Panevežio keliai in a tender for the PPP project for building a section of the Palanga bypass. The value of the project for 25 years is over 34 M EUR. Read more