Deals & Cases
At the request of the Lithuanian Film Centre we conducted an economic analysis of the situation of Lithuanian cinema operators. It is predicted that due to the global COVID-19 pandemic and the quarantine the Lithuanian cinema industry will have lost around EUR 12 million in revenue. A reduced VAT rate would be an effective state […]
Deals & Cases
We are advising Bolt, the leading European transportation platform, on a EUR 100 million investment agreement with London-based investment firm Naya Capital Management. This deal boosts the value of Bolt to 1.7 billion euros. Supporting growth Today, one of Europe’s leading unicorn companies, Bolt operates one of the fastest-growing transportation platforms in Europe and Africa. […]
Deals & Cases
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 […]
Deals & Cases
We advised Danielius Merkinas and Česlovas Kazlauskas – the founders of domestic logistics service provider NNL LT – on acquiring a 44% stake in NNL LT from Litcapital through an acquisition vehicle. NNL LT is a leading logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. Consolidated revenue of the business exceeded […]
Deals & Cases
We represented Polybius Foundation ‒ which had conducted an initial coin offering (ICO) ‒ in a landmark dispute where one of the buyers, Maksim Velitško, attempted to force a reversal of his token purchase. This was a landmark case, as the position of the courts is a further guidance for both the organisers of the […]
