Averus’ team has advised Kaunas Free Economic Zone Management Company in transaction with one of the largest Kaunas FEZ investors in recent years – Hella. Hella, a German company manufacturing electronic components for automotive industry, and Kaunas FEZ Management Company has agreed on development of the production facility in a 9 ha land plot, located at Kaunas FEZ. Averus has assisted the client in all stages of the transaction and represented in negotiations regarding conclusion of a letter of intent, land sublease and infrastructure agreements with the investor, also drafted transaction documents and advised on legal matters pertaining to development of infrastructure. Long and intensive negotiations were successfully completed and Hella started designing its production facility.

We are happy that one of the largest German companies chose our client Kaunas FEZ for its expansion and we wish our client to have new and promising investments this year.

Client was advised by partner Povilas Karlonas and associate Sandra Narmontaitė.

For more information please see: http://www.vz.lt/pramone/2017/07/10/hella-gamyklos-kaune-projektas-galutiniame-etape-2000-darbo-vietu