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Following a booming 2021, the Baltic M&A market unsurprisingly slowed down both by transaction numbers and values in 2022 in response to the global economic downturn, the energy crisis, rising interest rates and geopolitical tensions triggered by the Russian war in Ukraine. Thankfully, the sanctions against Russia have had little effect on deals and businesses […]
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For more than a decade, the Baltic countries have enjoyed quite a dynamic cross-border company mobility within the EU and EEA through cross-border mergers. From 31 January 2023, companies in the Baltics will have a clear framework for three types of cross-border mobility: merger, conversion and division. The story so far The wave of cross-border […]
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The Public Utilities Commission or the Regulator has adopted rules on payment of reservation fees for the electricity power to be installed (dated December 15, 2022). They came into force as of January 1, 2023 after extensive consultations with market participants. The rules are well balanced and are intended to facilitate development of the green […]
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Listen to this podcast HERE. In this Tax Stories episode I chat with Pekka who has spent more than 20 years with Sorainen law firm. After that he was the Managing Partner of EY Law Baltics for nearly 2 years. He has been my role-model and many others. I’d describe him more as an artist in his heart, a lawyer who speaks […]
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What is an e-address? An e-address is an e-mail address for communication between private individuals and for the circulation of documents to and from Latvian authorities (including judicial authorities, the prosecutor’s office, sworn bailiffs and insolvency administrators*). The reason for it being implemented is to make this communication faster and more secure, as well as […]
