Sorainen advised Greentech, a leading plastic recycler in Europe, on establishing a cross-border joint venture for recycling PET (Polyethylene Terepthalate) packaging waste and in acquiring real estate as a site for planned operations. Greentech is part of the Green Group, the largest integrated recycling park in South-Eastern Europe, which has brought together six companies specializing […]
The Boris and Inâra Teterev Foundation together with the ABLV Charitable Foundation have engaged internationally renowned architect Sir David Adjaye to develop a design for the building to house the Latvian Museum of Contemporary Art. Given the experience and reputation of the architect, it is safe to say that this engagement is significant not […]
Sorainen successfully represented Folla Maritime Service, a reputable shipbuilding company from Flatanger, Norway, established in 1994 and specialising in the manufacture of vessels for the aquaculture industry, in negotiations with Rîgas kuìu bûvçtava (Riga Shipyard) regarding execution of a shipbuilding contract under Latvian law. We provided legal advice on further action regarding delay in execution […]
Sorainen advised Genesta Property Nordic on the sale of 100% of its shares in GNBLIT Kaunas Logistics. GNBLIT Kaunas Logistics was acquired by one of the largest real estate fund managers in the Baltics – EfTEN Capital. Genesta Property Nordic is an independent real estate management company with offices in Sweden, Finland, Denmark and Luxembourg. […]
Deals & Cases
Eltel has sold its business operations in Latvia in a management buy-out whereby Jurijs Kokoreviès (District Manager at Eltel) acquired 100% of the shares in Eltel Networks. Eltel is a leading Northern European provider of technical services for critical infrastructure networks – Infranets – in the segments of power, communication and other. Company’s operations spread […]
