Sorainen Belarus is acting as local counsel for the European Bank for Reconstruction and Development on an extension of a EUR 10 million loan for Evrotorg to finance the company’s investment projects. Evrotorg (trade network Evroopt) is one of the biggest commodity market operators in Belarus. So far, Evroopt has 123 shops throughout the country, including […]
Sorainen Belarus advised Signature Investment Group (SIG) on its acquisition of Korona, operator of the largest retail trade centre in Grodno, Belarus. The total area of the trade centre is approx 20,000 m² and is almost entirely leased to 800 tenants. SIG is a global investment firm with offices in the US (New York) and […]
Sorainen Belarus and Lithuania advised International Finance Corporation (IFC) on provision of a USD 7 million (approx EUR 5.33 million) facility to OMA, a leading Belarusian home improvement goods and DIY (do-it-yourself) retailer and wholesaler jointly owned by Belarusian and European shareholders, including Kesko Group (Finland) and Senukai Group (Lithuania). Currently, OMA has branches in […]
Publication / Alexey Anischenko
This article is covering the scope and impact of newly adopted regulations on e-commerce in Belarus. Special attention is given to the obligation of internet-providers to ensure identification of users. Article also covers the issues of mandatory hosting in Belarus for commercial companies and registration of web-sites and internet shops. Expected developments in this field […]
Sorainen Belarus advised the European Bank for Reconstruction and Development (EBRD) on equity investments (acquisition of a 25.5% stake) in Commercial and Industrial Group West-Ost Union, the largest children’s goods retail chain in Belarus consisting of 11 supermarkets located in the biggest Belarusian cities (the chain is operated under the “Buslik” trademark). EBRD investments will […]