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YIT Lietuva and EfTEN Capital agree on the development of the Piliamiestis quarter in Kaunas
We advised YIT Lietuva on its transaction with EfTEN Special Opportunities Fund, managed by EfTEN Capital, regarding the fund’s investment into a new phase of the residential project Piliamiestis in Kaunas. YIT Lietuva will act as the project developer and general contractor, while EfTEN Capital will provide financing and contribute to the project’s implementation. EfTEN […]
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European Legal update: 08.04.-20.04.2026
Legal assistant Liis Pormeister compiled the material. Competition Commission sends Meta a Supplementary Statement of Objections on possible interim measures to reverse exclusion of third-party AI assistants from WhatsApp Published: 15 April 2026 The European Commission plans to order Meta to restore third‑party AI assistants’ access to WhatsApp on the same terms as before October 2025, finding that Meta’s revised paid access […]
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Latvia: News on filing annual reports and other issues
Deadline for filing annual reports approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting and auditor’s statement on the annual report (for companies that meet the criteria listed in law, as well as companies whose articles of association or shareholders’ […]
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European Legal update: 25.03.-07.04.2026
Assistant lawyer Eliza Belova complied the material. Defence, trade & consumer goods EU and Australia conclude Security & Defence Partnership and reach free trade agreement Published: 24 March 2026 The EU and Australia have announced a new Security and Defence Partnership and finalised negotiations on an ambitious, balanced EU-Australia free trade agreement (FTA), marking a […]
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Baltic entrepreneurs expand abroad through acquisitions
In Dienas Bizness, Sorainen managing partner Eva Berlaus discusses how Baltic entrepreneurs are increasingly expanding beyond their home markets through international M&A and acquisitions, driven by accumulated capital, their growing experience, and smaller domestic economies’ need for continued growth. In recent years, Baltic entrepreneurs have significantly increased their participation in international M&A transactions, with a […]