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The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
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We assisted Kaamos Group in acquisition of 1/6 of the shares in Sunly Land and in negotiating a shareholder agreement. Commented Marek Pohla, Chairman of the Board of Kaamos Group: “Kaamos Group is constantly looking for new innovative companies to invest in. Sunly’s team of renewable energy experts and strategic collaboration with them will enable […]
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Belarus begins the new year hoping to quickly resolve current uncertainty in relations with Russia. Problems began a year ago when the President and the Government of Belarus raised the issue of compensation for losses to the Belarusian budget due to a Russian tax manoeuvre as well as the issue of elimination of barriers in […]
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Deals & Cases
We are advising US company Rocket Software on opening a development centre in Vilnius. Founded in 1990 in Boston, Massachusetts, and currently employing 1500 people around the world, Rocket Software plans to hire more than 200 engineers and programmers in Lithuania in the next 2-3 years. Says Andrew Baldrian, VP of Engineering at Rocket Software: […]
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We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]