RIGA, June 13 (LETA) – Decrease in productivity caused by lack of physical exercise costs Latvia’s economy EUR 190 million a year, according to a global study on impact of physical exercise on the economy conducted by Deloitte. The study reveals that negative impact of the shortage physical exercise on government budget is EUR 41.5 million. […]
The Baltic M&A and Private Equity Forum 2023 was organised by Sorainen in cooperation with leading Latvian business media house Dienas Bizness. The forum, hosted by Sorainen Parner Eva Berlaus, gathered over two hundred participants representing private equity, venture capital funds and investment banking, consultants, lawyers, as well as business executives and owners from the […]
Deals & Cases / Laurynas Lukošiūnas, Žilvinas Briedis
The Court of Justice of the European Union has issued a clarification in a case still pending before Lithuanian courts concerning the construction project of Lazdynai swimming pool in Vilnius municipality. The clarification on the conditions for blacklisting companies is particularly relevant and favourable for business. The Court of Justice noted that the inclusion of […]
Sorainen provided pro-bono legal assistance to the Children’s Hospital Foundation, which implements a special support programme for underage pregnant girls who lack peer support. This is one of the most vulnerable groups in society, and often faces intolerance, misunderstanding and even family indifference. The Children’s Hospital Foundation aims to help girls by engaging volunteers who […]
We advised Estonian-based health-tech startup Nanordica Medical on raising EUR 375 000. The funding round was led by Estonian health and startup investors, including Erki Mölder (Founding Partner of Health Founders and Managing Partner of Verge HeathTech Fund), Heidi Kakko (European Innovation Council IC Member) and Martin Goroško (head of Tallinn Science Park Tehnopol) with […]
