“This way, we will implement the separation of rights of the state, as the regulator of the energy sector, and the state, as the owner, in the management of state-controlled companies engaged in the energy sector. The reform will also contribute to greater transparency and efficiency in state-owned companies,” says Lithuanian Prime Minister Algirdas Butkevičius.
After the completion of the reform and establishment of the EPSO-G UAB group of companies, the state expects to save EUR 4-5 million per year.
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