2018 proved to be a record year for M&A dealmaking in the Baltics, with Technology, Media & Telecommunications (TMT) among the hottest sectors. Although global TMT sector trends show a cool-off by both deal count and deal value, nevertheless mid-2019 results in the Baltics and Belarus plus the pipeline ahead suggest that the fast pace […]
On 20 December 2018, the new European Electronic Communications Code (EECC) entered into force, aiming to encourage the substantial infrastructure investment required to achieve 5G rollout and gigabit connectivity. The EECC also consolidates existing European rules on electronic communications networks and services, and aligns them with recent technological developments in the field. The EECC must be […]
On 7 June 2019, the new Directive on copyright and related rights in the Digital Single Market came into force and must be implemented in all EU member states by 7 June 2021. Additional rights for publishers of press publications The Directive, commonly referred to as the EU Copyright Directive, creates special additional rights for […]
Lithuanian businessman Vidmantas Kucinskas says he has no knowledge of large-scale fraud charges against him in Russia. Russia’s Alfa Bank is trying to recoup a debt of around 20 million euros from Kucinskas through courts, and the latter believes the bank might try to employ such tactics to bolster its position during the negotiations on […]
Lithuania, with its regulatory and environmental advantages, is stepping up efforts to become a global fintech community, especially for companies engaged in payment, electronic money, digital banking, p2p lending and crowdfunding. Read more in our Fintech guide: Fintech guide: Lithuania – your entry to the single market.