Dear clients and co-operation partners, As summer vibes seem to be just around the corner, we are delighted to share with you our summary of the main legal and business news in Belarus for the first few months of 2019. As at the end of 2018, the Belarusian-Russian relationship is the main provider of news […]
We advised Holm Bank, as successor to Koduliising AS ‒ which was one of the largest consumer credit providers in Estonia ‒ in obtaining a credit institution licence. Holm Bank is the first credit institution in Estonia to receive a licence from the European Central Bank under the new European Union Single Supervision Mechanism framework. […]
Deals & Cases / Augustas Klezys, Laura Matukaitytė, Inga Macijauskaitė
We advised Best Finance on establishing a company in Lithuania and obtaining a payment institution licence from the Bank of Lithuania. Best Finance plans to provide money remittance services in Lithuania and other EU Member States. Our team consisted of partner Augustas Klezys and senior associates Laura Matukaitytė, who advised the client on regulatory licensing matters, […]
Sorainen is advising the European Bank for Reconstruction and Development (EBRD) in connection with a second lending to Modus Group: a loan of USD 11.3 million will be used for construction of two biogas power plants with total installed capacity of 3MW in Belarus. In 2018 Sorainen advised the EBRD in connection with the first […]
Sorainen advised venture capital fund Open Circle Capital on investing EUR 300,000 in the Whatagraph platform. The other half of the sum was invested by the founders themselves, brothers Justas, Tomas and Andrius Malinauskas. Open Circle Capital manages assets of more than EUR 20 million and invests in Lithuanian companies that produce products in high-tech […]