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Own Leasing attracts EUR 50 million investment from a Luxembourg fund
We advised a Luxembourg fund on a EUR 50 million investment in Own Leasing, a Lithuanian leasing company for businesses. The financing is expected to support Own Leasing’s further growth in Lithuania and across the Baltic region. The initial EUR 50 million commitment may be increased in the future, reflecting the parties’ long-term cooperation ambitions. […]
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The largest Polish bank is opening a representative office in Lithuania
We provided advisory services to the largest Polish bank, PKO Bank Polski (PKO PB), in establishing a representative office in Lithuania. According to Marek Radzikowski, the bank’s vice-president responsible for operations and international banking, PKO PB’s strategy involves opening eight new foreign units by 2027: four branches and four representative offices. In choosing Lithuania, the […]
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Nuvei Liquidity, part of Nuvei group, granted MiCAR and payment institution licences in Lithuania
The Nuvei Group company Nuvei Liquidity, part of the global leader in payment solutions, has been granted two strategic financial market licences in Lithuania – a crypto-asset service provider licence under the EU Markets in Crypto-Assets Regulation (MiCAR) and a payment institution licence for services related to electronic money tokens (EMTs). This marks one of […]
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Estonian window and door manufacturer strengthens its position in the UK market
We advised the Estonian window and door manufacturer Viking Window on the acquisition of a 51% majority stake in the UK sales company Norrsken Company Limited. Founded in 1996 in Mäo, Estonia, Viking Window a manufacturer of premium-quality wooden and aluminium-clad windows and doors – has taken a step that improves the availability on the […]
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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 […]