Baltics-Belarus Business Opportunity Survey Belarus Estonia Latvia Lithuania December 2014 www.bnt.eu © bnt attorneys-at-law 2014 The bnt Baltics-Belarus Business Opportunity Survey is published for general information purposes only and does not constitute advice of any kind. The publisher is not liable for any errors or misrepresentations. © bnt attorneys-at-law 2014 1 Dear Reader, The bnt Baltics-Belarus Business Opportunity Survey provides information about upcoming investment projects in the Baltic States and Belarus. With offices in Estonia, Latvia, Lithuania and Belarus, bnt attorneys-at-law covers this region in all relevant areas of business law, including corporate/M&A, commercial and contract law, litigation and arbitration, tax and administrative/procurement. For further information on the projects portrayed please contact our local offices. This publication is for informational purposes only; bnt does not represent the project initiators. General contact: Lithuania: Justinas Šileika [email protected] Latvia: Rūdolfs Kalkis [email protected] Estonia: Kristel Evardi [email protected] Belarus: Ulyana Evseeva [email protected] Contents: Estonia.................................................................................................................................... 5 Construction of Liquefied Natural Gas Terminal ................................................................... 6 Construction of “Gate Tallinn” Retail Park ............................................................................ 7 Construction of Tallinn Prison ............................................................................................... 8 Construction of Peterburi Rd. Shopping Centre .................................................................... 9 Construction of the Estonian National Museum .................................................................. 10 Construction of Eastern Roundabout in Tartu ..................................................................... 11 Development of Green Seaside Residences ...................................................................... 12 Kalaranna residential development .................................................................................... 13 Pärnpuu-Pärnõie residential quarter ................................................................................... 14 Sale of Premises of Estonian Academy of Art .................................................................... 15 Further Development of Ülemiste City ................................................................................ 16 Development of the Largest Conference Centre in Tallinn.................................................. 17 Architecture Competition for the Estonian Academy of Arts ................................................ 18 The bnt Baltics-Belarus Business Opportunity Survey is published for general information purposes only and does not constitute advice of any kind. The publisher is not liable for any errors or misrepresentations. © bnt attorneys-at-law 2014 2 Development of Tondi Residential Quarter ......................................................................... 19 New Office Building at Tallinn Freedom Square ................................................................. 20 Development of Admiralty Basin Surroundings ................................................................... 21 Construction of 10 new office buildings in Tallinn ............................................................... 22 Latvia .................................................................................................................................... 23 Construction of Riga Northern Transport Corridor .............................................................. 24 Construction of Campus of University of Latvia in Tornakalns ............................................ 25 Reconstruction of Roads in Latvia ...................................................................................... 26 Construction of the Rail Baltica stretch in Latvia ................................................................. 27 Reconstruction of an Open-Air Festival Stage .................................................................... 28 The New Hanza City .......................................................................................................... 29 Building in the Centre of Riga up for Transformation .......................................................... 30 Construction of Akropolis shopping mall ............................................................................. 31 Reconstruction of the New Riga Theater ............................................................................ 32 Sale of real estate in Lucavsala, Riga................................................................................. 33 Developing Cosmetics Production in Latvia ........................................................................ 34 First Hilton Garden Inn in Baltic States ............................................................................... 35 Lithuania ............................................................................................................................... 36 Modernization of Detention Facilities .................................................................................. 37 Investment into National Air Carrier AirLituanica ................................................................ 38 Sale of the “Europa” Shopping Centre ................................................................................ 39 Privatization of “Baltija” Rest House in Palanga .................................................................. 40 Modernization of Lithuanian Zoo in Kaunas ........................................................................ 41 New Riverside Pier at Kaunas – Marvelė Inland Cargo Port ............................................... 42 Producer of Plastic Containers Seeks Investor ................................................................... 43 Investment Sought for an Aviation Cluster .......................................................................... 44 The bnt Baltics-Belarus Business Opportunity Survey is published for general information purposes only and does not constitute advice of any kind. The publisher is not liable for any errors or misrepresentations. © bnt attorneys-at-law 2014 3 Belarus ................................................................................................................................. 45 Construction of a Natural Gas Power Plant ........................................................................ 46 Construction of Sugar Processing Plant ............................................................................. 47 Joint Venture in Pharmaceuticals Production ..................................................................... 48 Construction of Cement Plant ............................................................................................. 49 Creation of an Industrial Complex for Medicine Production ................................................ 50 Construction of a Multifunctional area in the centre of Minsk .............................................. 51 Mineral Water and Soft Drinks Production .......................................................................... 52 Sale of a State Share in Mobile Operators MTS ................................................................. 53 Sale of Shares in Major Belorussian Companies ................................................................ 54 Favourable taxation regime: China-Belarus industrial park ................................................. 55 Favourable taxation regime: Belarusian High Tech Park .................................................... 56 Joint Venture for Production of Railway and Large-size Casting......................................... 57 Production of High-precision Auxiliary Tools for Lathes ...................................................... 58 Construction of Multifunctional centre “Minsk-City” ............................................................. 59 Production of Euro 4 Engines ............................................................................................. 60 Investment into Biopharmaceuticals Production ................................................................. 61 The bnt Baltics-Belarus Business Opportunity Survey is published for general information purposes only and does not constitute advice of any kind. The publisher is not liable for any errors or misrepresentations. © bnt attorneys-at-law 2014 4 Estonia Eesti bnt Tallinn office Tatari 6, EE-10116 Tallinn Phone + 372 667 62 40 Fax + 372 667 62 41 [email protected] Contact Person(s): Partner Aet Bergmann Phone: +372 667 62 40 [email protected] The bnt Baltics-Belarus Business Opportunity Survey is published for general information purposes only and does not constitute advice of any kind. The publisher is not liable for any errors or misrepresentations. © bnt attorneys-at-law 2014 5 Construction of Liquefied Natural Gas Terminal Completion An option to construct a liquefied natural gas terminal is being closely examined. expected in 2019; The terminal with a gas pipeline will cost a total of EUR 500 million. European Union has agreed to finance half of the project. Executed by: Elering AS; The European Commission rejected the initial cooperation plan of Finnish Gasum and Alexela; Estonian Alexela, according to which a 160 000 m3