Creation of Leo LT postponed yet again

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Creation of Leo LT postponed yet again

Apr 16, 2008
By TBT staff

ULTIMATUM: NDX Energija’s Staskevicius has threatened to pull VST out of Leo LT if the government doesn’t get its act together.

RIGA - A final agreement on creating a new national utility company that would operate the proposed nuclear power plant has hit another enigmatic stumbling block, and the key private investor in the deal has threatened to pull out altogether. An April 9 meeting of the supervisory council of the utility, Leo LT, was canceled at the last minute “due to the large volume of paperwork involved,” according to Nemira Pumprickaite, an aide to Prime Minister Gediminas Kirkilas, who chairs the council. ...

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