-
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 […]
-
Espersen sells fish product plant in Klaipėda FEZ
We advised the Danish company A. Espersen A/S, a leading global producer of fish products, and its Lithuanian subsidiary UAB Espersen Lietuva on the sale of the real estate and equipment forming a fish product plant located in the Klaipėda Free Economic Zone to UAB Atlas Premium Lietuva. As a part of the transaction, Espersen […]
-
Cedo acquires the plastics recycler and producer Plasta Group
We assisted Cedo, a leader in sustainable FMCG private label solutions, in acquiring Plasta Group, one of the largest polyethylene recyclers and suppliers of sustainable plastic products in Europe. Plasta Group operates modern manufacturing plants in Lithuania and Sweden, employing more than 500 skilled professionals. Recycling over 45,000 tonnes of post-consumer waste plastic and producing […]
-
EIKA sells shopping centre Pupa in Vilnius
We advised EIKA Group on the sale of Pupa shopping centre in Vilnius, Pilaitė micro-district. EIKA Development remains the manager of the shopping centre and plans to invest the proceeds in the development and expansion of new projects in Lithuania and the region. The Pupa shopping centre, built by EIKA in 2008, was the first […]
-
Tewox acquires a shopping centre in Klaipėda
We advised the special closed-type real estate investment company Tewox, managed by Lords LB Asset Management, on the acquisition of the Dragūnai shopping centre in Klaipėda. Since 2017, the shopping centre has been managed by the investment company Pirmoji investavimo įmonė, managed by Zabolis partners. For an undisclosed sum, Tewox purchased 3,239 m2 of retail […]