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COBALT advised UAB Rail Baltica statyba on the strategic infrastructure development project Rail Baltica

2016-06-10

COBALT advised UAB Rail Baltica statyba, a subsidiary of the state enterprise Lithuanian Railways (AB Lietuvos geležinkeliai), on the strategic infrastructure development project Rail Baltica.

Our assistance included drafting legal opinions on various matters related to the development of Rail Baltica project.

The value of the Rail Baltica project is approx. EUR 12 billion.

Rail Baltica project is part of the North Sea–Baltic transport corridor, a priority project of the European Union.

The main goal of the Rail Baltica project is to develop a lacking high-quality physical infrastructure and logistic railway connections for passenger and freight transport between Finland, the Baltic States and other EU member states (for more information, please visit http://www.rail-baltica.lt).