Sorainen in close co-operation with lead advisor Loyens & Loeff (Brussels) and the client’s financial and technical teams provided full legal assistance at the bidding stage to Kekava ABT consortium members in relation to participation in this landmark PPP project in Latvia – Kekava Bypass. About the project Kekava Bypass will become a part of […]
We successfully represented Transinesta in a case against the Lithuanian Transport and Safety Authority (LTSA) before the Lithuanian Competition Council. Transinesta is one of the largest coach operators in the Baltic States operating under the Ecolines brand name. Our client filed a complaint against the LTSA regarding restricting competition and impeding the entry of new […]
We are advising Bolt, the leading European transportation platform, on a EUR 100 million investment agreement with London-based investment firm Naya Capital Management. This deal boosts the value of Bolt to 1.7 billion euros. Supporting growth Today, one of Europe’s leading unicorn companies, Bolt operates one of the fastest-growing transportation platforms in Europe and Africa. […]
We advised Danielius Merkinas and Česlovas Kazlauskas – the founders of domestic logistics service provider NNL LT – on acquiring a 44% stake in NNL LT from Litcapital through an acquisition vehicle. NNL LT is a leading logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. Consolidated revenue of the business exceeded […]
In Lithuania the quarantine regime continues to be relaxed gradually. We have prepared an overview of the most recent changes to quarantine restrictions. Trade, services and events Activities of all shops, markets and other public trading places are now permitted, provided that each buyer occupies at least 10 m2 of retail space or no more […]
