Sorainen assisted Swedish investment company Eastnine in acquiring three S7 business centres in Vilnius. Transaction value – EUR 128.3 million. This is the biggest acquisition in the office buildings category in the history of the Baltic states. Acquisition of the first business centre was completed in February 2019. Acquisition of the second and third business […]
Publication / Jurgita Nikita
Lithuanian authorities and financial institutions must target corruption, organized crime and the risks posed by their country’s sizeable cash economy to clamp down on money laundering and other forms of illicit finance, an intergovernmental group has warned. In a 221-page report, Moneyval, the Financial Action Task Force’s representative in Europe, praised Lithuania’s global cooperation and supervision […]
Publication / Reimo Hammerberg
While Estonia has experienced significant economic development during the past three decades, its capital markets have not grown in the same way. The market capitalisation of Tallinn Stock Exchange (the country’s only regulated market) is approx. EUR 2.6 billion1 (corresponding to only approx. 10% of GDP, one of the lowest ratios in the EU)2. With […]
Sorainen Belarus assisted the European Bank for Reconstruction and Development (EBRD) with the sale of its share in Commercial and Industrial Group West-Ost Union, owner of the children’s goods retail chain operating under the “Buslik” trademark (Buslik). The retail chain started operations in 2006 and now holds the leading position in the retail segment of […]