We assisted the Swedish-based company Storskogen in acquiring a majority of the shares in Scandia Steel – a leading Scandinavian supplier of steel pipe piles in foundation and foundation reinforcements. Manufacturing takes place in Kretinga, Lithuania Scandia Steel has 94 employees and a turnover of almost EUR 40 million. The company’s product development and sales […]
The World Bank, an international financial institution, asked for our assistance with its Employing Workers project. Employment law experts from our Estonian and Lithuanian office filled in a detailed questionnaire to describe the regulation of employment in the region – specifically as it relates to hiring, working hours and making workers redundant. Employing Workers The […]
We assisted Sweden-based Addnode Group in acquiring S-GROUP Solutions – a software company specialising in business-related GIS solutions for municipalities, water and sewage organisations, and real estate measurements. Addnode Group, listed on Nasdaq Stockholm, is one of Europe’s leading suppliers of software and services for design, construction and product data, and a leading supplier of document […]
Clifford Chance launched an updated version of their Employment Law Guide app – a digital guide that provides an overview of employment law in a large range of key jurisdictions. Our employment law experts – partner Karin Madisson, senior associate Aurelija Daubaraite and legal assistant Monika Kerpytė were responsible for covering matters related to Estonian […]
We advised private equity company ConHostinger (Germany) on acquiring a minority stake (approx. 31%) in Hostinger – a company with a world-wide presence, providing web hosting, VPS, internet domain registration and website building software, as well as e-mail services. Transaction reflects larger TMT sector trends This is the second major investment in a Lithuanian technology […]