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Publication / Maria Rodich, Alexey Anischenko
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Sorainen is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
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Sorainen advised venture capital fund Open Circle Capital on launching operations in Lithuania. Open Circle Capital is a EUR 20 million early-stage venture capital fund focused on technology companies in the fields of information and communication technologies, robotics and high-tech. Comments Audrius Milukas, manager of Open Circle Capital and one of its partners: “We are […]
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News
On 31 October 2017, Tax Foundation published its International Tax Competitiveness Index, and Estonia, for the fourth year in a row, holds firm to its top spot in the rankings, writes taxlinked.net. Estonia ranks highly as a result of the following factors: 1) “it has a 20% tax rate on corporate income that is only applied […]
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Deals & Cases / Pekka Puolakka, Paul Künnap
Metsä Wood, the wood products arm of Metsä Group, acquired an industrial land plot in Estonia, Pärnu city in the spring and is establishing a birch plywood mill there. The cornerstone of the new factory was laid in August. The new mill is due to start production by the end of 2018 and will create […]
