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Sorainen updated and supplemented transfer pricing documentation for Bridgestone Baltics, a Baltic company in the global Bridgestone Group, regarding transactions undertaken in the Baltics in 2014 and 2015. Compliance with the arm’s length principle for purchase of tyres, management and support services received and provided plus reception of commission services by Bridgestone Baltics documented in […]
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Sorainen Belarus acted as Belarusian legal counsel to the European Bank for Reconstruction and Development in connection with extension of a EUR 10 million loan to PP Polesie JLLC, leading producer of children’s plastic toys in Belarus. PP Polesie is one of the major exporters of toys to Russia and is also actively expanding in […]
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Sorainen assisted Timac Agro on matters related to investment in the welfare of company employees. Timac Agro was seeking to expand the use of its vehicles to accommodate the personal needs of employees. Lithuania-based Timac Agro is part of a worldwide group present in 42 countries and engaged in manufacturing and commercialising fertilisers and nutritional […]
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Sorainen assisted the client in developing a transfer pricing policy and preparing transfer pricing documentation for Devbridge Group, a US-based technology consultancy company founded in 2008 and having offices in Lithuania. Devbridge Group is a strategic partner to industry leaders in manufacturing, financial services and technology. The prepared transfer pricing policy justifies pricing applied for […]
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Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
