Mobile payment platform MoQ has launched its activities in Lithuania. The platform is managed by Mobilieji mokėjimai, a company founded by three biggest competitors in Lithuanian telecommunications sector – Telia Lietuva, Tele2 and Bitė Lietuva. This is the first mobile payment platform in the Baltics and the first such project in European practice to be […]
Sorainen assisted Vienna Insurance Group AG Wiener Versicherung Gruppe in obtaining Lithuanian Competition Council approval to acquire 100% of Seesam Insurance shares from Finnish financial services company OP Financial Group. Estonian insurance company Seesam Insurance operates in all three Baltic Countries. Its offices in Lithuania, Latvia and Estonia employ 335 staff. Vienna Insurance Group is […]
Sorainen represented a client operating in the field of passenger carriage by road in preparing a complaint to the Competition Council. Initiatives are now under way in respect of acts and omissions by the Ministry of Transport and Communications and the State Road Transport Inspectorate which have effectively closed the market in long-distance passenger transport. […]
Sorainen defended the interests of Eurocash1 in a legal process concerning a prohibited vertical agreement, a process which continued for more than eight years. An agreement was made among G4S and the three biggest banks in Lithuania. According to the agreement, the banks were obliged to buy cash-handling services exclusively from G4S. A complaint about […]
Sorainen advised Danish Agro group company DAVA Agravis Machinery Holding on its acquisition of 45% of the share capital in Konekesko Lietuva from Finnish company Konekesko. DAVA Agravis Machinery Holding also acquired a minority interest in Konekesko subsidiaries in Latvia and Estonia. The total disclosed value of the transaction in all three Baltic States is […]
