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Important employment law changes: what employers should be aware of
The beginning of the year saw several important amendments to the Labour Code and other legislation relating to labour law, entering into force on 1 January. This newsletter gives an overview of the amendments most important for employers relating to wages and their payment, as well as to the protection of whistleblowers. Minimum wages increased […]
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BEM Europe UAB obtains electronic money institution licence in Lithuania
We advised BEM Europe UAB, operating under the brand name Benker, on obtaining an electronic money institution licence in Lithuania. The company will provide innovative payment services to users, offering QR payment solutions, traditional money transfers and SEPA (Single Euro Payment Area) payments, currency exchange services and payment cards. The company will provide these payment […]
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Sorainen introduces employee e-learning platform called iKnow
A comprehensive e-learning platform iKnow was introduced to all our employees, allowing for efficient and personalised learning and access to world-class courses. Personalised and efficient It enables all newcomers to go through a four-week onboarding program at their own pace, and also offers an extensive range of courses to lawyers and business service teams at […]
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CARIAD cross-border merger
We were advising CARIAD Estonia, a Volkswagen Group’s car software company, on a cross-border merger whereby its Luxembourg parent company is merged into CARIAD Estonia, making it a subsidiary of CARIAD SE. Strategic adjustment CARIAD SE is Volkswagen Group’s newest international company, consolidating and expanding the group’s software competencies to develop technological solutions for all […]
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Development of green economy is gaining momentum in Lithuania: new sustainable finance strategy introduced
The sustainable (green) investment promotion project launched in Lithuania back in 2019 is successfully heading towards the finishing line. Commissioned by the Ministry of Finance in cooperation with the European Bank for Reconstruction and Development (EBRD), our team, lead by partner Tomas Kontautas and senior associate Dalia Augaite, together with partners Richard Kemmish Consulting Limited […]