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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 […]
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Salv Technologies improves information-sharing between financial institutions
Sorainen advised Salv Technologies, a financial crime fighting technology startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection […]
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Straumann Group acquires Med Grupė’s businesses in the Baltics
We advised Straumann Group, a global leader in tooth replacement and orthodontic solutions, on acquiring Med Grupė, a distributor of dental products in the Baltic states. Following the completion of the transaction, Straumann will have its first subsidiaries in Estonia, Latvia and Lithuania, allowing the group to expand its business in this region further. Straumann […]
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Nissan transfers all its operations in three Baltic markets to Nordic Automotive Services
We assisted Nissan Nordic Europe with the conclusion of an agreement with Bassadone Automotive Nordic on becoming the importer of new Nissan vehicles, parts and services in Estonia, Latvia and Lithuania under the entity Nordic Automotive Services. Under the partnership, all Nissan operations as well as all Nissan’s employees in the three Baltic markets will […]
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The City of Tallinn and Utilitas have agreed to enter into a joint venture
We are advising Tallinn City Government in concluding a cooperation agreement to create a joint venture in the field of district heating, AS Utilitas Tallinna Soojus, which will be 33.34% owned by the City of Tallinn and 66.66% by the private limited company Utilitas. The joint venture will be a holding company that manages investments […]