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Competition Council stresses significance of neutrality in competition in the regional media environment
We assisted SIA Novadu Ziņas, which publishes the regional newspaper Neatkarīgās Tukuma Ziņas, to address the Competition Council regarding suspicion of a violation of the principle of neutrality in competition in municipal operations and creating advantages for another regional newspaper. The principle of neutrality in competition is a norm that was included in the Competition […]
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Sale of Forum Cinemas
We are advising AMC, the world’s largest movie exhibition group, in the sale of Forum Cinemas, which operates nine theatre locations in the Baltic countries. AMC has announced that it has signed a definitive agreement to sell the theatre locations in the Baltic region (Latvia, Lithuania, and Estonia) for €65 million to UP Invest, a […]
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Bitė and Tele2 enter into partnership for faster 5G network development
We advised telecommunication company Bitė on entering into a framework agreement with Tele2 to create a shared Radio Access Network (RAN) in Lithuania and Latvia. Partnership to benefit customers and national economies The partnership will boost the 5G network development process so that full coverage will be rolled out much faster than in a standalone […]
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Corporate governance training in the Baltics
Sorainen provided corporate governance training to the Management Board of Novartis Baltics. The Sorainen team consisted of five experts: country managing partner Eva Berlaus, counsel Raivo Raudzeps, senior associates Zane Paeglīte and Marika Grunte and associate Agita Sprūde.
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Tour operator TUI enters the Baltic travel market
Sorainen helped TUI ‒ the world’s biggest travel group ‒ in preparing a franchise agreement with TT and entering the Baltic market. The franchise agreement contains conditions specifically suited to TUI, which maintains travel agencies, tour operators and leading travel online portals in all major source markets and holiday destinations worldwide. As a first-time experience […]