Sorainen advised CPA:17 – Global on the acquisition of a modern Class A central logistics facility located in Kaunas and signing a long-term lease agreement with Kesko Senukai, a leading Do-It-Yourself retailer in Lithuania and the Baltic States. The property was purchased for approx EUR 60 million, including associated acquisition fees and expenses. CPA:17 – […]
Deals & Cases / Eva Berlaus, Toms Vilnis
Sorainen Latvia assisted Primekss, one of the most innovative Latvian companies in the building industry, with corporate reorganisation of two of its group companies in Latvia, with an aim to optimise the group set up. Partner Eva Berlaus and associate Toms Vilnis worked on this assignment. Primekss is a concrete producer from Latvia that has […]
Sorainen is helping Prior Rights, an IT start-up company, with legal issues in relation to development of the client’s innovative mobile application, which aims to protect users’ copyrights on photographs. The Sorainen team is advising on the implications of use of the mobile app, copyright enforcement and data protection. Partner Agris Repšs, senior associate Andris […]
Sorainen Estonia advised the shareholders of Samat bus company on the sale of a majority shareholding to competitor Hansabuss. Founded by Estonian investors in 1991 and employing over 80 people, Samat services bus lines mainly in Northern Estonia and also offers other services related to bus operation. Samat’s forecast turnover for 2016 is approx EUR […]
The sudden change of Government in Estonia this autumn raised many questions about resulting changes to the Estonian tax system. After all, the Centre Party, which has now formed a government, has been critical of the existing tax system. It is a relief that the agreement between the new Estonian Governing Coalition foresees no major […]