Sorainen advised venture capital fund Open Circle Capital on investing EUR 300,000 in the Whatagraph platform. The other half of the sum was invested by the founders themselves, brothers Justas, Tomas and Andrius Malinauskas. Open Circle Capital manages assets of more than EUR 20 million and invests in Lithuanian companies that produce products in high-tech […]
Sorainen assisted Swedish investment company Eastnine in acquiring three S7 business centres in Vilnius. Transaction value – EUR 128.3 million. This is the biggest acquisition in the office buildings category in the history of the Baltic states. Acquisition of the first business centre was completed in February 2019. Acquisition of the second and third business […]
Publication / Jurgita Nikita
Lithuanian authorities and financial institutions must target corruption, organized crime and the risks posed by their country’s sizeable cash economy to clamp down on money laundering and other forms of illicit finance, an intergovernmental group has warned. In a 221-page report, Moneyval, the Financial Action Task Force’s representative in Europe, praised Lithuania’s global cooperation and supervision […]
Publication / Reimo Hammerberg
While Estonia has experienced significant economic development during the past three decades, its capital markets have not grown in the same way. The market capitalisation of Tallinn Stock Exchange (the country’s only regulated market) is approx. EUR 2.6 billion1 (corresponding to only approx. 10% of GDP, one of the lowest ratios in the EU)2. With […]
