We advised renewable energy developer Sunly on managing an investment round for Estonian startup Themo, raising EUR 1.3 million from investors. Sunly headed the funding round through its investment arm, Sunly Innovation 2. Themo strengthens its market position with smart energy solutions Themo is an Estonian-Finnish cleantech startup consisting of Smart Load Solutions and its […]
We successfully represented journalist Virginijus Savukynas in a dispute with public broadcaster LRT. The Vilnius City District Court annulled the decision of the LRT Ethics Ombudsperson and the resolution of the LRT Council, which found that the journalist Virginijus Savukynas violated the LRT Code of Ethics by publishing a post on his personal Facebook account […]
Sorainen has enjoyed a longstanding partnership with the American Chamber of Commerce in Latvia (AmCham Latvia), which is being marked by a year of collaborative events. Our Sorainen experts have joined AmCham Latvia in their aim to foster mutually advantageous economic ties between the United States and Latvia. In our latest cooperative effort, we worked […]
We assisted the Wildix group in securing an investment from Livonia, one of the largest private equity investors in the Baltic region. Wildix is an innovative software company focused on cloud and browser-based unified communications solutions and VoIP products. Wildix has been recognised as one of the leading players in UCaaS. The purpose of the […]
We advised a German company Klett Lernen und Information, part of the Klett Group, on acquiring full control (100% shares) of Baltų lankų vadovėliai, one of the best-known brands in the Lithuanian textbook publishing market. The first investment of Klett and entering the Lithuanian market was made in April 2023 by acquiring 40% shares of […]