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GS Core received operating authorisation for debt collection
We advised GS Core on applying for an operating licence from the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon). GS Core is part of the Swedish financial holding company Marginalen AB and is involved in both credit purchasing and credit management. The client submitted the licence application to Finantsinspektsioon on 13 September 2024, which made […]
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Loan comparison platform Sortter obtained credit intermediary licence
We advised the Finnish fintech company Sortter Oy’s Estonian arm, Sortter OÜ, on obtaining a credit intermediary licence in Estonia. Establishing Estonian arm By establishing and licensing its Estonian subsidiary, Sortter extends its well-established loan comparison services to the Estonian market through its local website, sortter.ee. Sortter’s expansion into Estonia is driven by a commitment […]
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Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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Sorainen helps AI-driven skincare company Haut.AI reach new clients worldwide
We advised Haut.AI on data protection and contractual matters, as well as in negotiations with a global consumer goods company whose products are used by over 1 billion customers daily. AI-powered image analysis can revolutionize skincare commerce Estonian based Haut.AI provides a B2B SaaS product that automates the collection of high-quality skin data, conducts a […]
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We advised Baltic Workboats regarding the consortium agreement
We advised Baltic Workboats, an Estonian shipbuilding company, with regard to the consortium of 23 industry members led by the client that is developing a modular and semi-autonomous surface vessel platform with a remote control system to be used by European navies. The consortium won funding of EUR 65 million from the European Defence Fund […]