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Deals & Cases / Kiryl Apanasevich, Artem Melnikovich, Ann Laevskaya
Sorainen Belarus assisted the International Finance Corporation (IFC) with the extension to Belaruski Narodny Bank of a loan of up to USD 20 million. The loan is aimed to support the borrower’s working capital, as well as its trade-related lending programme for Belarusian businesses in direct response to the COVID-19 pandemic. USD 10 million of the […]
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Deals & Cases / Kiryl Apanasevich, Artem Melnikovich, Ann Laevskaya
Sorainen Belarus advised the International Finance Corporation (IFC) on the provision to Priorbank of a seven-year senior finance loan of the equivalent of up to USD 50 million. The loan would be used for on-lending to mortgage borrowers, including for green mortgages, and/or for renovation loans for energy-efficient homes in Belarus. IFC is a global […]
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Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich, Aliaksei Vashkevich, Tomas Kontautas, Ann Laevskaya, Maria Rodich, Oliver Ämarik, Alesia Khadasevich, Tatsiana Zubarava, Anna Kasko, Alexey Fidek
We assisted ERGO Group with the sale of its Belarusian non-life subsidiary, ERGO Insurance Company, to Euroins Insurance Group, one of the leading independent insurance groups in the CEE/SEE/CIS region. The acquisition allows Euroins to enter the Belarusian insurance market and thus to continue its expansion in the region. In recent years Euroins has acquired […]
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We assisted DEG – Deutsche Investitions- und Entwicklungsgesellschaft with acquisition of shares in Belgips JSC, the only Belarusian manufacturer of gypsum-based building materials. The acquisition followed successful implementation by Belgips of a major investment project involving construction of a new highly automated and energy efficient plant in Gatovo, Belarus. DEG finances long-term private-sector investments in […]
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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 […]