Sorainen advised Finnish fund YCE Housing I, managed by Vicus Capital Advisors Limited, on investment in Stage I of the ‘Raitininkų sodai’ residential construction project in Vilnius. The project, developed by Lithuanian construction company YIT Kausta, involves construction of a complex of 210 modern apartments in a strategically attractive area in Vilnius close to the […]
Sorainen is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
Deals & Cases / Pekka Puolakka, Paul Künnap
Metsä Wood, the wood products arm of Metsä Group, acquired an industrial land plot in Estonia, Pärnu city in the spring and is establishing a birch plywood mill there. The cornerstone of the new factory was laid in August. The new mill is due to start production by the end of 2018 and will create […]
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 […]