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Publication
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We advised renewable energy company Enerstena on getting EUR 7 million in financing from the State Aid Fund for Business. The fund is dedicated to supporting businesses affected by the pandemic. Enerstena became the first company to receive financing from the fund. This investment is vital Due to the pandemic Enerstena has been forced to […]
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We advised Luxembourg-based investment company REInvest Asset Management and its fund DEREIF SICAV FIS on acquiring the SEB Bank headquarters building in Vilnius. The company acquired the building from real estate investment fund Lords LB Special Fund II, managed by Lords LB Asset Management. This is one of largest real estate transactions in the Baltic […]
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Possibility to postpone tax payment terms One of the main tools to help businesses survive difficult times is tax deferral, which is still available to companies affected by Covid-19. They can defer payment of tax debts incurred between March 16 and December 31 of this year and are also exempt from interest for late payment. […]
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We advised TC Investicija on the sale of a building in Kaunas where the Topo centras store is located and its administration is based. The building was purchased by Integrated Stars for an undisclosed amount; the acquisition was financed by Citadele Bank. The four-storey building together with adjacent buildings occupies an area of 4 600 […]