From 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning & Planning, Land, and Employment will enter into force in Lithuania. These amendments are incentives to local and foreign investments in large projects developed in the fields of processing manufacturing, data processing or hosting services. A large project is […]
We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]
We are advising Monerta on all legal matters related to development of a residential and business complex of approx 10,000 m² in Vilnius old town. Monerta is developing the project in partnership with Hanner. It is expected that approx EUR 20 million will be invested in the complex, which will comprise seven buildings and will […]
We are advising NT plėtros grupė on all legal matters related to development of a residential and business complex of approx 11,000 m² in Vilnius old town. NT plėtros grupė is a closed-end investment undertaking intended for informed investors. It is expected that EUR 20 million will be invested in the project. Our services and […]
On 16 May this year, our real estate & construction sector group held a business breakfast, where Sorainen specialists spoke about sector highlights from diverse legal viewpoints. In this newsflash, we report on the most significant findings expressed during the event. Raivo Raudzeps explained how sanction regulation applies to public procurement and PPP Raivo indicated […]
