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COBALT advises in incorporation of the joint venture SIA Rīgas Karte

2008-02-05

Rigas pasvaldibas SIA Rigas Satiksme and Affiliated Computer Services Solutions France S.A.S. (ACS) have incorporated joint venture SIA Rīgas Karte. The joint venture has been created to implement e-ticketing system in the public transport of Riga city.

ACS is the group company of Affiliated Computer Services, Inc. (USA). Affiliated Computer Services, Inc. is a premier provider of diversified business process outsourcing (BPO) and information technology outsourcing (ITO) solutions to commercial and government clients worldwide. Affiliated Computer Services, Inc. is a FORTUNE 500 company of 62,000 people supporting client operations reaching more than 100 countries.

COBALT assisted ACS with the legal aspects of incorporation of the joint venture and commencement of the project in Latvia.