On March 29 Government agreed to reallocate the national road assets to Lietuvos automobilių kelių direkcija (Lithuanian Road Administration), which until now was owned by 11 road maintenance enterprises – 10 regional road enterprises and SE Automagistralė. This decision is an important step in implementation of SOE reform, which is aimed to increase the effectiveness of management of national assets, higher return to the state and Lithuanian accession to the Organisation for Economic Co-operation and Development (OECD).
In the future, taking into account the OECD recommendations and the international good practices, it is planned to centralise the management of all eleven road maintenance enterprises and to merge these enterprises into a single company. It will allow to ensure an effective maintenance of the road network and to save at least EUR 8.5 million each year.
