We advised Technopolis on the sale of its majority shareholding in Technopolis Ülemiste to Mainor Ülemiste, its partner in the joint venture. The sale was completed following a positive decision from the Estonian Competition Authority. Technopolis provides efficient and flexible office spaces in six European countries, comprising 16 campuses hosting 1,500 companies and 48,000 employees. […]
In a significant transaction, the Finnish law firm Roschier, together with Sorainen’s Estonian office, successfully advised engineering and professional services firm WSP Finland on the purchase of Proxion Plan and Proxion Pro, as well as on acquiring the Estonian subsidiary Proxion Plan Estonia from Proxion. Strategic cooperation to strengthen market position By integrating Proxion’s specialised […]
We advised the Finnish forest industry company Metsä Group on selling its Estonian subsidiary Metsä Forest Eesti’s wood supply business to Combiforest, an Estonian woodworking company owned by Combiwood Grupp. The parties have also agreed on long-term deliveries of pulpwood and chips to Metsä Group. Among the largest forest industry companies in the region Metsä […]
The Ministry of Economic Affairs and Communications contracted us to analyse Estonia’s administrative procedures and make proposals to streamline the relevant processes. The analysis, titled “Streamlining Investment Procedures (for New Businesses and Establishments)”, examines the possibilities of creating a “green corridor” to encourage high value-added investment by cutting red tape and shortening the time required […]
We are advising the international energy company Respect Energy Holding on obtaining a building permit for the Tuulispea Offshore project, which aims to establish an offshore wind farm in the economic zone off the coast of Saaremaa. The offshore floating wind farm with a total capacity of up to 820 MW is expected to be […]