At the request of the Lithuanian Film Centre we conducted an economic analysis of the situation of Lithuanian cinema operators. It is predicted that due to the global COVID-19 pandemic and the quarantine the Lithuanian cinema industry will have lost around EUR 12 million in revenue. A reduced VAT rate would be an effective state […]
We are advising Bolt, the leading European transportation platform, on a EUR 100 million investment agreement with London-based investment firm Naya Capital Management. This deal boosts the value of Bolt to 1.7 billion euros. Supporting growth Today, one of Europe’s leading unicorn companies, Bolt operates one of the fastest-growing transportation platforms in Europe and Africa. […]
Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich, Aliaksei Vashkevich, Tomas Kontautas, Ann Laevskaya, Maria Rodich, Oliver Ämarik, Alesia Khadasevich, Tatsiana Zubarava, Anna Kasko, Alexey Fidek
We assisted ERGO Group with the sale of its Belarusian non-life subsidiary, ERGO Insurance Company, to Euroins Insurance Group, one of the leading independent insurance groups in the CEE/SEE/CIS region. The acquisition allows Euroins to enter the Belarusian insurance market and thus to continue its expansion in the region. In recent years Euroins has acquired […]
We advised Danielius Merkinas and Česlovas Kazlauskas – the founders of domestic logistics service provider NNL LT – on acquiring a 44% stake in NNL LT from Litcapital through an acquisition vehicle. NNL LT is a leading logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. Consolidated revenue of the business exceeded […]
Deals & Cases
Nasdaq CSD SE has completed a cross-border merger with Nasdaq CSD Iceland hf. Nasdaq CSD is headquartered in Latvia and also provides central securities depositary services in Lithuania and Estonia. With this transaction, it has consolidated Baltic and Icelandic CSD services under one company, thus achieving higher efficiency and greater competitiveness. After the merger Nasdaq […]
