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In 2021, companies are required to approve and submit their annual reports of 2020 by 30 June 2021, at the latest. This is in contrast to 2020, where amendments in the law brought about by the COVID-19 pandemic prolonged the term for submission of annual reports to the commercial register. Sorainen is therefore happy to […]
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We assisted Sweden-based Addnode Group in acquiring S-GROUP Solutions – a software company specialising in business-related GIS solutions for municipalities, water and sewage organisations, and real estate measurements. Addnode Group, listed on Nasdaq Stockholm, is one of Europe’s leading suppliers of software and services for design, construction and product data, and a leading supplier of document […]
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In Q1 of 2021, the Baltic mergers and acquisitions (M&A) market shattered the record for the number of deals in a quarter, formerly held by Q1 of 2018. The value of announced deals in Estonia, Latvia and Lithuania set another record, totalling EUR 925 million according to the Mergermarket’s “Global & Regional M&A Report 1Q21”. […]
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Our team working as local counsel with Allen & Overy as lead counsel advised Eurowag on investing in Lithuania-based startup Drivitty – a provider of mobile payments, real-time refuelling management, and other solutions in the refuelling sector. Eurowag – a leading provider of commercial transport solutions in Europe – acquired a minority stake (20%) in […]
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We advised Data Delivery, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by the mapping service 2GIS, which is part of the Sber group. During the first stage of the transaction, 2GIS acquired a 47% share […]
