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Lithuanian Billionaire Retains TGS Baltic as Strategic Advisor

Lithuanian Billionaire Retains TGS Baltic as Strategic Advisor

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Prominent Lithuanian entrepreneur Nerijus Numavicius has signed a long-term strategic partnership agreement with TGS Baltic, which will serve as his strategic adviser for legal and business management issues.

Numavicius is the billionaire owner of the private Vilniaus Prekyba holding company that controls and by means of its subsidiaries operates retail and pharmacy chains, real estate developments, shopping center lease and management companies in the Baltics, Poland, Bulgaria, and Ukraine. The group operates in 18 countries and indirectly employs over 40,000 individuals. Nerijus is also an ultimate beneficial owner of the NDX group, which owns companies operating in the food, baby food, and pet food production and sales businesses in Sweden, Germany, Poland, Czech Republic, Belarus, Lithuania, and Slovakia, among other European and Asian countries.

In a statement distributed by TGS Baltic, Numavicius is quoted as saying: “I am delighted that family office Talka LT headed by Ms. Jolanta Bivainyte and law firm TGS Baltic represented by Ms. Eugenija Sutkiene will work together forming a strong team of legal advisers."