AB “Lietuvos tara” business takeover project consultants (2001–2003)
ERC advised AB “Klaipėdos kartonas” when retrieving major problem trade receivables from ABF “Lietuvos tara” (currently bankrupt), prepared business scheme and advised in organizing of takeover of ABF “Lietuvos tara” market thus enabling AB “Klaipėdos kartonas” to earn about 1 million EUR incremental net profit and secure about 35% of sales.
Strategic Development Plan for Panevėžys City (Panevėžys, 2002–2003)
The project encompasses creation of the vision of City’s development till 2020, identification of development priorities; analysis of social-economic development trends; preparation of action plan for implementation of the strategy as well as creation of monitoring system of the implementation of strategic development plan.
UAB ”Kauno termofikacijos elektrinė“ management consultant (2002–2003)
ERC was an advisor of UAB ”Dujotekana“, major Lithuanian natural gas importer. ERC prepared business structure and appropriate package of contracts determining internal relations of shareholders, prospective investments, financing, share acquisition and management related to UAB “Kauno termofikacijos elektrinė“ (Kaunas heat power station) in the privatisation process.
UAB ”Gargždų mida“ restructuring advisors (2002–2003)
ERC advised UAB ”Gargždų mida“ on restructuring issues, prepared restructuring plan of the company, took part in negotiations with company’s creditors (Ministry of Finance, AB “Hansa bankas”, and others) on debt restructuring (write-offs and capitalization), provided information to Competition Council of Lithuania.
Cluster Development in Lithuania: Analysis and Recommendations (Vilnius, 2002)
The main goal of the project was to present recommendations on the cluster development in Lithuania based on analysis of the preconditions for the cluster development in the country as well as assessment of other small countries’ experience in this area. The project included analysis of the clusters’ role in increasing competitiveness of the country’s economy as well as state policy issues in promoting cluster development in the country. The project was carried out in cooperation with Business Strategy Institute of Kaunas Technology University.
Vilnius Knowledge Economy and Strategy of it's Development (Vilnius, 2002)
The main goal of the World Bank funded project was to analyse knowledge economy development trends in the City including education, science and industry sectors as well as identify priority projects in developing knowledge economy in Vilnius. The knowledge economy development strategy for 10 years and action plan was prepared in the framework of the project as well. The results of the project were presented at the 3 international video conferences.
Feasibility Study on Establishment of Biotechnology Research Centre (2002)
The main goal of the project was to assess feasibility of the establishment of the Centre that would encourage cooperation among educational, science institutions and businesses in the biotechnology sector as well as promotion of innovations. The study involves analysis of the development of biotechnology sector in Lithuania; identification of current and future stages of the project; SWOT analysis; identification of main activities of the Centre, organizational structure; financial resources needed for the establishment and operation of the Centre, sources of finance and forecasts of income and expenditure.
AB “Senoji Baltija“ restructuring advisors (2002)
ERC prepared restructuring plan of AB “Senoji Baltija” according to requirements of Law on Enterprise Restructuring and took part in negotiations with major AB “Senoji Baltija” creditors seeking for debt write-offs and restructuring. Creditors of AB “Senoji Baltija” have approved the restructuring plan and quitclaimed about 5 million EUR claims, part of the debts was settled using assets of the company.
Creating Inclusive Classrooms (Vilnius, 2001-2002)
The main goal of the project was to provide optimal educational conditions for children with special needs in regular classrooms. The project focuses on the gap between advances made as a result of legal and educational reforms in Lithuania, and ability of parents and educators to use the possibilities offered by the new laws to improve the quality of educational services for children with special needs. The project was leaded by the Centre for Innovative Education, the main task of Economic Research Centre as a partner was to prepare the study on the situation in the educational and social spheres related to the situation of the children with special needs, including economic aspects of the problem.
Strategic Development Plan for Vilnius City (Vilnius, 2001-2002)
The project was designed to analyse social-economic development of the City, including industry, services, infrastructure, labour market, and etc. and to formulate the strategy and action plan for the development of the City in coming ten years.
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