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On 1 August 2025, the Application Review Commission of the Procurement Monitoring Bureau (PMB) found that the specialist requirements in the open tender organised by the Supreme Court, “Development of software for the information system “AT searcher”” (“Informācijas sistēmas “AT meklētājs” programmatūras izstrāde”), were excessive and restrictive to competition. This is the first IUB decision […]
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Legal assistant Viktorija Markovaite and trainee Ugnė Kačergytė compiled the material. Environment Commission introduces voluntary sustainability reporting standard for SMEs Published: 31 July 2025 The European Commission has adopted a Recommendation introducing a voluntary sustainability reporting standard for SMEs (VSME). This standard, developed by EFRAG, the Commission’s technical advisory body for sustainability reporting, aims to […]
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Compared to the record level of dealmaking in the first half of 2024, the Baltic M&A market in H1 2025 slightly fell back in terms of transaction numbers, but total deal value surged, partly driven by increased startup activity. In the context of a steep decrease in the number of deals in EMEA (over -20% […]
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Legal assistants Ugnė Kačergytė and Viktorija Markovaite compiled the material. Technology Commission presents guidelines on the protection of minors and a prototype of an age-verification app under the Digital Services Act (DSA) Published: 15 July 2025 The Commission has presented guidelines on the protection of minors, as well as a prototype of an age-verification app under the Digital Services Act […]
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Defence experts have reacted to the news that Lithuania plans to assemble German Leopard tanks domestically, in cooperation with local businesses. According to Paulius Murauskas, a lawyer at law firm Sorainen, this could be a serious boost to the country’s defence industry, attracting millions in foreign investment. These opportunities are provided for in the Defence […]
