.png)
Management of the Baltic RCC is based on the Commercial Code, Baltic RCC Article of Association
and the Shareholders agreement. Company governance structure includes three levels in accordance
with the Estonian commercial law (visualized in image below):
1. Shareholders of Baltic RCC – The shareholding is allocated equally between three Baltic TSOs
Elering AS, AS "Augstsprieguma tīkls" and Litgrid AB (hereinafter called Baltic TSOs).
2. Supervisory Board of Baltic RCC - One representative from each Baltic TSOs to supervise and
overview the strategic operations.
3. Management Board of Baltic RCC - Three Board members elected by the Supervisory Board;
main responsibility is the day-to-day operations
