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Inter IKEA Group acquire forest holding companies in Lithuania and Latvia
Sorainen advised IKEA Forestry Investment AB, an Inter IKEA Group company, on the acquisition of forest holding companies in Lithuania and Latvia. Our involvement Sorainen acted as the local legal advisor throughout the transaction. Our team Sorainen key team consisted of partners Jānis Līkops, Kęstutis Adamonis and Monika Mališauskaitė-Vaupšienė, as well as senior associates Rūta […]
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Application of language requirements to teachers working in international schools: CJEU provides important clarification
We successfully represented Vilnius International School in a case concerning the application of Lithuanian language requirements to teachers working in international schools. The Court of Justice of the European Union (CJEU) issued a clarification favourable to our client, which may become an important precedent across the European Union. The dispute arose after the Sate Language […]
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Rimi Baltic will acquire Havi Logistics shares
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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Sweden’s agricultural co-op of 17,000 owners expands its reach
We are advising Lantmännen, a Swedish agricultural cooperative, on the acquisition of Leipurin and its operations in Sweden, Finland, Estonia, Latvia and Lithuania. Lantmännen is owned by 17,000 Swedish farmers and has 12,000 employees in over 20 countries. While already Northern Europe’s leader in agriculture, machinery, bioenergy and food products, this acquisition will further strengthen […]
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Analysis on the assessment of EU Taxonomy criteria
We provided an in-depth analysis commissioned by the Lithuanian Banking Association for the banks seeking to classify loans as aligned with the EU Taxonomy Regulation and contributing to climate change mitigation. Compliance with the EU Taxonomy is one of the conditions for green financing. We assessed ten types of economic activities, including electricity generation from […]