Sorainen Belarus acted as counsel for Nordic Environment Finance Corporation (NEFCO) on its granting the first loan in Belarus under the Cleaner Production Facility programme. The loan, to Vitebsk Meat Packing Plant (MPP), is for modernising meat production facilities in Vitebsk, Eastern Belarus, including upgrade of the factory’s steam boilers and heat exchangers as well […]
Sorainen Belarus advised International Finance Corporation (IFC) on providing the Alutech Group of Companies (Alutech) with a EUR 22 million long-term corporate loan to support its strategic growth, expand exports and improve environmental and social standards. The loan is the biggest IFC investment so far in Belarusian companies. Alutech, headquartered in Belarus, is a leading […]
Sorainen Belarus advised Signature Investment Group (SIG) on its acquisition of Korona, operator of the largest retail trade centre in Grodno, Belarus. The total area of the trade centre is approx 20,000 m² and is almost entirely leased to 800 tenants. SIG is a global investment firm with offices in the US (New York) and […]
Sorainen Belarus and Lithuania advised International Finance Corporation (IFC) on provision of a USD 7 million (approx EUR 5.33 million) facility to OMA, a leading Belarusian home improvement goods and DIY (do-it-yourself) retailer and wholesaler jointly owned by Belarusian and European shareholders, including Kesko Group (Finland) and Senukai Group (Lithuania). Currently, OMA has branches in […]
Sorainen Belarus office acted as legal counsel for the European Fund for Southeast Europe (EFSE), the world’s largest microfinance investment fund, on signing a senior loan agreement with Belgazprombank enabling Belgazprombank to borrow USD 30 million from EFSE to expand its housing finance operations and increase lending to micro- and small businesses in Belarus. The […]
