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Publication / Alexey Anischenko, Maria Rodich
One of the measures by which the Belarusian Government aims to mitigate the consequences for consumers of the crisis caused by the COVID-19 pandemic was adopted by Resolution 184,[1] which is in force from 01 April 2020. Resolution 184 introduces a moratorium for all Belarusian business entities, regardless of the form of ownership, on price […]
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We are advising Estonian Kaamos Group and its subsidiaries Kaamos Timber (Estonia) and Mozyr Sawmill (Belarus) on EUR 15 million debt financing from the European Bank for Reconstruction and Development (EBRD) for construction of a new sawmill in Belarus on a brownfield site near Mozyr, one of the country’s oldest towns. This is the second […]
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News
Now more than ever, entrepreneurs need fast and experienced advice, so that they can survive the crisis, restructure their business if needed, open up new products and services, take care of their employees and make the right business decisions at a critical time. Sorainen’s Corporate and M&A practice welcomes two renowned experts, Pirkko-Liis Harkmaa and […]
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Updated on 21 April 2020 Subsidies on wages paid during idle time Subsidies will be paid to employers who declare idle time because they cannot provide employees with agreed work due to the state of emergency and quarantine, and due to the work organisation there is no possibility to work remotely or the employee does […]
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Since announcing a state of emergency on 12 March 2020 due to COVID-19, the Latvian Government has been working on measures to support affected companies. The following support is already available: Payment of salaries to employees from the state budget: where employees are not working as a direct consequence of limitations imposed by the Government (an order on […]
