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Second MiCA licence issued in Latvia in a single week goes to Nexdesk
Another Sorainen client, Nexdesk, has secured a licence to provide crypto-asset services under the MiCA (Markets in Crypto-Assets) Regulation. This is the third licence issued in the Baltics so far, and among the first in Northern/Eastern Europe. About Nexdesk Nexdesk is a sister company of Nexpay, an electronic money institution based in Lithuania; however, its […]
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BlockBen makes history as the first MiCA-licensed company in Latvia and one of the first in our region
Sorainen client BlockBen SIA makes history as the first company in Latvia (as well as the second in the Baltics, and among the first in Northern/Eastern Europe) to receive a licence for providing crypto-asset services under the landmark MiCA (Markets in Crypto-Assets) Regulation. About the deal BlockBen SIA belongs to a group of related companies […]
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Acquisition of Latvian wood processing company Kurekss completed
We advised the shareholders of Kurekss, which is one of Latvia’s leading sawmills and has over 30 years of industry experience, on the sale of 100% of shares in the company and, indirectly, its subsidiary Kurzemes granulas (a wood pellet producer in Latvia, in operation since 2005) to HS Timber Group. About Kurekss Established in […]
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Latvijas Banka has issued an EMI licence to Pace FS
We are glad to announce that, on 18 June, the Supervision Committee of Latvijas Banka issued an EMI operating licence to Pace FS. We at Sorainen would like to congratulate Pace FS and their team on this milestone achievement. About Pace FS Pace FS is a fintech company dedicated to providing payment services for online […]
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Danish Sun Energy sells large-scale co-located park in Latvia to Sunotec
We advised the seller, Danish greenfield developer Danish Sun Energy ApS, on the sale of a large-scale co-located project in Latvia, comprising 400 MWp of PV solar capacity and 600 MWh of BESS storage, to Sunotec. Sunotec, which is one of Europe’s leading renewable energy development and construction companies, has acquired 100% of share capital in […]