Sorainen Belarus is acting as local counsel for the European Bank for Reconstruction and Development on an extension of a EUR 10 million loan for Evrotorg to finance the company’s investment projects. Evrotorg (trade network Evroopt) is one of the biggest commodity market operators in Belarus. So far, Evroopt has 123 shops throughout the country, including […]
Publication / Alexey Anischenko
Publication / Alexey Anischenko
Dear clients and colleagues, The Belarusian insurance market is strictly controlled by the state. The Ministry of Finance (MoF) is the main government body that supervises the activities of insurers and acts as registration and licensing authority. The Belarusian Civil Code of 7 December 1998 and the Edict of the President of Belarus on Insurance […]
Rosbank and banking group Alfa-Bank reached an agreement on sale of shares in Belrosbank. Belrosbank is a full-service bank founded by Rosbank in 2003. The bank employs 765 people across 29 offices in all regions and major cities of Belarus, and serves more than 100,000 customers. More than 99,99% of shares in Belrosbank belong to […]
Sorainen Belarus acted as counsel for Nordic Environment Finance Corporation (NEFCO) on its granting the first loan in Belarus under the Cleaner Production Facility programme. The loan, to Vitebsk Meat Packing Plant (MPP), is for modernising meat production facilities in Vitebsk, Eastern Belarus, including upgrade of the factory’s steam boilers and heat exchangers as well […]