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The Lithuanian energy sector, similarly to the European Union’s, faces the challenging task of finding effective and competitive way to transition to clean energy, while at the same time ensuring a secure energy supply. Energy efficiency, renewable energy, and prosumers are first priorities.

Noerr was lead counsel to Union Tank Eckstein in relation to its acquisition of 51% of the shares of Polish company Timex Card, a franchisee and distributor of UTA service cards for car fleets issued by Union Tank Eckstein. Ellex advised UTA on Estonian, Latvian, and Lithuanian matters, Nobles advised UTA on Ukrainian law, and Stelios Americanos advised it on Cypriot law issues. The sellers depended on their in-house counsel, Agnieszka Slowiak.