LTG Group expects to find new contractors for the Jonava Rail Baltica bridge in the next 6-9 months

A. Rumskas informed journalists on Thursday that the termination of the existing contract was conducted at a legally appropriate time, following coordination with legal advisors who assessed the position as strong. While acknowledging that the former contractors retain the right to defend their interests, Rumskas expressed confidence in our current legal standing regarding the matter.

Given the strategic importance of the project, the organization plans to initiate the search for new contractors promptly through a public procurement process. Management anticipates securing a replacement contractor within a timeframe of six to nine months. Rumskas addressed potential disruptions, stating that if the previous contractor attempts to delay or impede the process, legal arguments are expected to be effective.

This is because the object in question is deemed strategically vital, which is anticipated to mitigate the likelihood of judicial restrictions. The statement emphasized the methodical steps being taken to ensure continuity for the project. The focus remains on executing the procurement process efficiently to secure the necessary expertise.

The organization maintains that its procedural actions are robust and designed to ensure the project moves forward without undue hindrance.

Topics: #contractors #our #new

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