Deals & Cases / Eva Berlaus, Viktorija Cherkas
Sorainen Latvia assisted EUROCASH1 group in acquiring cash collection company CBL Cash Logistics from Citadele banka. As a result of the transaction and further reorganisation, EUROCASH1 group will significantly strengthen its position in the Latvian cash collection services market in addition to increasing its current turnover. Eva Berlaus, Country Managing Partner and senior associate Viktorija […]
Publication / Dr Kadri Härginen, Karin Madisson, Triin Toom, Edvīns Draba, Zanda Frišfelde, Aurelija Daubaraitė, Algirdas Pekšys, Mantas Petkevičius, Vytautas Sabalys, Simona Stančiukaitė, Agnietė Venckienė, Alexey Anischenko, Marina Golovnitskaya
“Doing Business 2015: Going beyond efficiency” is the 12th in a series of annual reports providing objective measures of business regulations for local firms in 189 economies. It ranks the economies in 11 areas of business regulation, such as starting a business, paying taxes and resolving insolvency. Sorainen contributes every year to the World Bank’s Group […]
Sorainen Belarus advised Bank of Moscow, a member of Russia’s VTB Group, on the sale of its Belarusian subsidiary, Bank Moscow-Minsk, to the Belarusian state. The state was represented in the transaction by the National Bank of Belarus and government-owned Paritetbank, which respectively acquired 99.75 % and 0.25 % shares in the target bank. The […]
Sorainen Belarus acted as local counsel for the Eurasian Development Bank (EDB) on the extension of a USD 15 million loan to the “Vasily Kozlov” Minsk Electrotechnical Plant (METZ). The loan agreement was signed in Minsk on 18 August to finance modernisation of equipment used in production of transformers. Total project value exceeds USD 55 […]
Sorainen has advised Nordea, the largest financial services group in northern Europe, on the transfer of its Baltic banking business, operated by Nordea Bank Finland in Estonia, Latvia and Lithuania, to its Swedish parent company Nordea Bank. This was the first transfer of a pan-Baltic credit institution business as a going concern of such scale […]