We were advising CARIAD Estonia, a Volkswagen Group’s car software company, on a cross-border merger whereby its Luxembourg parent company is merged into CARIAD Estonia, making it a subsidiary of CARIAD SE. Strategic adjustment CARIAD SE is Volkswagen Group’s newest international company, consolidating and expanding the group’s software competencies to develop technological solutions for all […]
Deals & Cases / Kätlin Krisak, Private: Mirjam Metsik
We advised Elmo Rent, an Estonian leading provider of environmentally friendly rental cars, in carrying out their IPO and admission to trading on Nasdaq First North. Leading change ELMO Rent is one of the first electric car distribution companies in the world and the first company of rental vehicles with a responsible business quality label […]
We advised the state-owned Swedish energy group Vattenfall on making a seed investment of EUR 1 million to become minority stakeholder of Fermi Energia, a small-scale nuclear power plant developer in Estonia. Future nuclear generation “With this minority investment, Vattenfall can contribute our know-how and work jointly on feasibility studies about costing, supply chain and […]
In 2021, companies are required to approve and submit their annual reports of 2020 by 30 June 2021, at the latest. This is in contrast to 2020, where amendments in the law brought about by the COVID-19 pandemic prolonged the term for submission of annual reports to the commercial register. Sorainen is therefore happy to […]
Possibility to extend the approaching deadline for filing annual reports with the State Revenue Service (SRS) The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting with the SRS, no later than one month after approval and no later than four months […]
