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Valiunas Ellex Advises on Tender for Lithuanian National Stadium

Valiunas Ellex Advises on Tender for Lithuanian National Stadium

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Valiunas Ellex team has helped the city of Vilnius to prepare concession tender conditions for the country's National Stadium.

According to Valiunas Ellex, "it has been agreed that there will be established a multifunctional facility by a private investor based on the concession agreement." The firm describes itself as "honored to be a part of this nationally significant case," as "this is the first time when concession will be provided by two institutions i. e. the municipality and the Department of Physical Education and Sports under the Government of the Republic of Lithuania. The concession is planned for 25 upcoming years; the first three years are intended for construction."

According to Valiunas Ellex Partner Dovile Burgiene, assuming the tender takes place as planned and without any delays, construction should start within two years.

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