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Sorainen advised Digmatix (formerly Digital Mind) – a leading Microsoft Business Applications partner in Central and Eastern Europe, serving clients in over 35 countries across Europe, North America, and Africa – on securing a EUR 7.5 million loan from SEB banka and refinancing a mezzanine loan from BPM Mezzanine Fund II usaldusfond. “We are honoured […]
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We advised the international bank Citibank on providing a EUR 30 million loan to Linas Agro, the agribusiness company of Akola Group, one of the largest agricultural and food production groups in the Baltic states. “This financing will help us plan seasonal grain procurement flows more smoothly, manage working capital more efficiently, diversify funding sources […]
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Rimi Baltic has signed a share purchase agreement to acquire HAVI Logistics companies in Latvia, Lithuania and Estonia. This is a significant step in Rimi’s development, strengthening the competitiveness of its supply chain in the region. The transaction is still subject to approval by the competition authorities in all Baltic countries. About the deal In […]
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We successfully represented the parents of children attending Virtsu Kool, a school in western Estonia, in a dispute with Lääneranna municipality. The case concluded favourably for our client and is set to influence the Estonian educational landscape. In 2023, the Lääneranna municipal council decided to convert Virtsu Kool from a basic school into a four-year […]
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Our client Olympic Casino Latvia has secured a legal victory, with a court ruling that authorities’ attempt to evade responsibility by delaying compensation payments was unlawful. About the case The origin of the dispute goes back to the spring of 2020, when the Lotteries and Gambling Supervisory Inspectorate (IAUI), in response to the rapid spread […]
