Major Assignments - Transport & Infrastructure

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.

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 moreThe study on the business case of the Rail Baltica project summarises the expectations of the business sector towards the new transport corridor and is based on the analyses of the existing research on Rail Baltica and results of the interviews conducted in the 5 participating countries in the course of the Rail Baltica Business Network events in 2017 and 2018

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 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 moreFollowing the approved plan three new companies controlled by LG will be established instead of the three current in-house directorates – Passenger, Freight Carriage and Railway Infrastructure. Rail Baltica Statyba, the SPV incorporated already in 2013 to carry out the Rail Baltica project in Lithuania and hold the shares in RB Rail AS (the Rail Baltica joint venture of the three Baltic governments), shall remain a separate legal subsidiary of LG

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.

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.

TRINITI led an international consortium of consultants in advising the European Commission (DG-MOVE) in the TEN-T North Sea – Baltic Core Corridor Study (www.proximare.info), one of the 9 corridors in the new transport network forming the “Core Network” laying the foundation for the future European transport network across all 28 Member States

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 moreThe estimated total eligible cost of the project’s Phase I is 540.444 M EUR. TRINITI acted as a sub-contractor to Civitta AS, a leading Baltic consultancy retained to advise the Estonian government, and was responsible for legal matters pertaining to the Estonian aspects of the Rail Baltic financing application to the Connecting Europe Facility

TRINITI lawyers represented OÜ Baltic Rail Services, the majority owner of AS Eesti Raudtee (Estonian Railways Ltd) a vertically integrated railway infrastructure and operations company, in negotiating a 160 M EUR agreement for the sale of a 66% shareholding in Estonian Railways to the Republic of Estonia, and the simultaneous settlement of several related shareholder disputes

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 moreOur services included revision of the tender documents and PPP agreement, preparation of the client’s proposal to the tender commission, legal advice and representation in negotiations