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Derling Primus Advises Skoda Vagonka on Acquiring 32 Electric Trains from AS Pasazieru Vilciens

Derling Primus Advises Skoda Vagonka on Acquiring 32 Electric Trains from AS Pasazieru Vilciens

Latvia
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Derling Primus has advised Skoda Vagonka on its agreement with Pasazieru Vilciens for the production and supply of 32 electric trains in Latvia. The contract for the purchase of electric trains, which includes staff training, equipment for maintenance and a spare parts fund, is worth almost EUR 242 million.

The electric trains will be phased in over time, with the first being delivered in the first half of 2022, and the rest by the end of 2023.

The Derling Primus team included Partner Kristine Gaigule-Saveja, Senior Associates Andis Ozolins and Konstantins Telakovs, and Associates Igors Dambrans and  Edgars Pundurs.