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Sorainen ESG-focused newsletter, November
In the newest issue of the Sorainen ESG newsletter we bring you the latest updates on environmental, social and governance trends across the European Union and the Baltic States. This month’s issue features crucial insights into recent EU-level developments and sustainability initiatives, along with some interesting news from Estonia, Latvia and Lithuania. Legislative news and […]
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One of the largest fintech deals of the year in Lithuania – Nuvei sells part of their shares to Advent International
We advised the global payment technology company Nuvei on selling part of their shares to Advent International. Nuvei will be delisting from a stock exchange in Canada and once the company goes private, the existing shareholders, Philip Fayer, Novacap and CDPQ, will indirectly hold approximately 24%, 18% and 12% of the shares, respectively. The value […]
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Webinar recording “Helping clients succeed in the ESG transition: ESG and Tax”
Check out our fifth regional webinar in the series “Helping clients succeed in the ESG transition” organised by Sorainen. This time we focused on ESG considerations in the field of taxation and tax compliance. Sorainen experts, as well as guest speakers, delved into the topic from different angles and covered: how taxation is being used […]
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Estonian Press Council: Estonian Public Broadcasting violated good journalistic practice by claiming local governments misused education funds
Estonian Public Broadcasting (ERR) violated good journalistic practice with the episode “How effective is the local government as a school operator?” that aired on AK. Nädal on 28 January 2024, according to a recent decision by the Estonian Press Council (EPC). The Lääne-Viru Municipalities Union (VIROL) filed the complaint with EPC against ERR. During a […]
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A successful investment round supports tripling the customer base
We advised the Lithuanian venture capital firm Practica Capital on leading an investment round worth EUR 3 million for the Estonian startup Qminder. For Qminder, this was the first case of institutional support, while for Practica Capital, it marked its first investment in Estonia from its latest fund. Renowned technology investors in the funding round […]