Eurovia – a subsidiary of VINCI, a world leader in transport infrastructure construction and urban development, operating in 15 countries and with 38,000 employees – has acquired 68.75% shares in Saldus ceïinieks, a leading Latvian builder of road infrastructure. Saldus ceïinieks, established in 1991, specialises in road construction, extraction of aggregates and asphalt production. The […]
Sorainen Latvia provided legal support under Latvian law on the sale of m/v ‘Regina Baltica’, registered under the Latvian flag. Assistance included drafting the client’s internal corporate documents, analysing the bill of sale and related documents from the Latvian law perspective, as well as organising deletion of mortgages, deregistering the vessel from the Latvian Ship […]
Deals & Cases
German investor Ralf Dieter Montag-Girmes has sold his stake in Latvia’s national carrier airBaltic to Danish entrepreneur Lars Thuesen. Latvian Prime Minister Mâris Kuèinskis commented that all the latest developments in airBaltic have been taking place in order to strengthen the company. In 2015, Mr Montag-Girmes acquired 20% of the Latvian airline’s shares for an […]
Sorainen Estonia is advising Nettbuss, Norway’s leading bus operator, on acquisition of 15% of Estonian technology company T solutions. According to Andres Osula, Chairman of the Supervisory Board of T solutions, the Norwegians will become strategic investors in the company. He adds that even though T solutions is currently able to serve its customers and […]
We are pleased to provide this overview of the main changes and breaking news in the sphere of Eurasian Economic Union (EAEU) customs regulation. Customs Code of the Eurasian Economic Union On 26 December 2016, the Customs Code of the Eurasian Economic Union (EAEU CC) was signed by Russia, Kazakhstan, Armenia and Kyrgyzstan and is […]