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Deals & Cases / Mantas Petkevičius, Inga Macijauskaitė, Jurgita Tekorienė, Augustė Bučytė, Augustas Klezys, Agnė Sovaitė, Kamilė Kukaitytė, Goda Drąsutė, Saulė Dagilytė, Rasa Mikutienė, Dobilė Minkutė, Sidas Sokolovas
We are assisting Nitin Shelke, the founder and chairman of Growmore Group, in entering into an agreement for the strategic acquisition of Medicinos Bankas – a retail bank in Lithuania with assets of USD 395 million (EUR 355 million). Growmore Group is a global investment and financial services conglomerate with businesses across the UAE, UK, […]
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We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
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Downtime caused by the COVID-19 pandemic in Europe poses a tax risk to Estonian construction companies operating abroad, as their business income may be taxed in that foreign country instead of Estonia, warns our senior associate Kaido Künnapas. Read more in Estonian.
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Deals & Cases /
To ensure availability of disinfectants needed to stabilise the state of emergency, to support people living in Latvia and help mitigate the consequences of Covid-19, the Olaine chemical factory BIOLARS has said it is ready to start manufacturing disinfectants in its production plants. Taking into account the increased demand for ‒and unreasonably high prices of […]
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To support businesses during the coronavirus outbreak Latvia has introduced new VAT measures to speed up the procedure for refunding overpaid VAT. According to the new VAT repayment procedure: The State Revenue Service (SRS) refunds overpaid VAT within 30 days of receiving the VAT return for the respective tax period. Before a refund, the SRS […]
