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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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B2B payment service provider Hokodo attracts EUR 100 million investment
We advised B2B payment service provider Hokodo on raising EUR 100 million financing in the form of a multi-jurisdictional securitisation transaction. The financing was provided by Viola Credit, a global alternative credit asset manager. With this new financing, Hokodo will facilitate more than EUR 1.5 billion of B2B transactions over the next 24 months. The […]
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CV Keskus acquires the job board cv.lt
We advised the company CV Keskus in acquiring the job board cv.lt, owned by UAB Verslo žinios. Verslo žinios established the high-standard job platform cv.lt in 1999. With this acquisition, CV Keskus, belonging to the Swiss media group Ringier and operator of leading job marketplaces in the Baltic countries, expands its portfolio of job platforms, […]
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Sorainen participated in an international project to compile an overview of the implementation of the DSM Directive
Our senior associates Olivia Kranich (Estonia) and Stasys Drazdauskas (Lithuania), and associate Lūcija Strauta (Latvia), contributed to the project led by the international law firm Bird & Bird partner Pawel Lipski by providing an overview of the implementation of the DSM directive (Directive (EU) 2019/790 of the European Parliament and of the Council of 17 […]