Rosbank and banking group Alfa-Bank reached an agreement on sale of shares in Belrosbank. Belrosbank is a full-service bank founded by Rosbank in 2003. The bank employs 765 people across 29 offices in all regions and major cities of Belarus, and serves more than 100,000 customers. More than 99,99% of shares in Belrosbank belong to […]
Sorainen Belarus acted as counsel for Nordic Environment Finance Corporation (NEFCO) on its granting the first loan in Belarus under the Cleaner Production Facility programme. The loan, to Vitebsk Meat Packing Plant (MPP), is for modernising meat production facilities in Vitebsk, Eastern Belarus, including upgrade of the factory’s steam boilers and heat exchangers as well […]
Sorainen Belarus advised Lithuanian Railways, the Lithuanian national state-owned railway company, on opening a representative office in Belarus. Opening a representative office is expected to promote development of relations between Lithuanian Railways and Belarusian business and open up new prospects for effective cooperation in the field of passenger and freight traffic. The lawyers advised Lithuanian […]
Sorainen represented the European Commission jointly with members of the Commission’s legal service in proceedings before the Court of Justice of the European Union in Luxembourg under a preliminary reference (TFEU article 267). The case concerned a reference by an Estonian appeal court as to proper interpretation of the rules for fees on official controls […]
Sorainen Belarus advised International Finance Corporation (IFC) on providing the Alutech Group of Companies (Alutech) with a EUR 22 million long-term corporate loan to support its strategic growth, expand exports and improve environmental and social standards. The loan is the biggest IFC investment so far in Belarusian companies. Alutech, headquartered in Belarus, is a leading […]