Sorainen Latvia Annual Report 2023 Independent auditors’ report The reporting period has closed successfully. The turnover of the Latvian office increased by 12% compared to the previous reporting year and amounts to EUR 9.4 million. The profit of the office is EUR 2.14 million, showing a 46% […]
We advised shareholders of Stebby on the sale of Stebby’s majority shareholding to French rewards and benefits leader Up Group. As part of the transaction, the previous majority owner of Stebby, Livonia Partners, has exited. The management team will continue to run the company together with the new partner, enabling it to expand its presence […]
Annual reports have been published on the Company Registration Portal of the Estonian e-business register. The Sorainen office in Tallinn continues to be one of the biggest employers in the legal market in Estonia. The average number of employees in the firm has grown organically since its foundation in 1995, reaching 85 employees in 2023 […]
We advised Holm Bank on organising a public offering of subordinated bonds and listing them for trading on the Nasdaq Tallinn First North market. Holm Bank is one of the fastest-growing private-capital-based banks in Estonia. The bank’s product range includes financing for individual and business clients, physical and virtual credit cards, leasing, instalment plans, and […]
We are helping clients, companies registered in Cyprus and the British Virgin Islands belonging to a real estate development group, to recover approximately 11 million EUR seized in Latvia as part of criminal proceedings. The clients’ funds were considered to be suspect and potentially related to money laundering activities, as the companies’ business activities are […]
