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Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich
Sorainen Belarus has been advising Geely International Corporation in implementing one of the largest recent foreign investment projects in Belarus – a joint venture with the Borisov Automotive and Tractor Electrical Equipment Plant (BATE). The project involved organizing production of engines equipped with transmission for GEELY passenger cars. The Borisov Engine Plant «Geely» joint venture […]
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News
On 18 January 2018, the Latvian Private Equity and Venture Capital Association (LVCA) and the private investor association Latvian Business Angel Network (LatBAN) held a joint “Investor of the Year” event, when Sorainen was awarded the title of legal adviser of the year for assisting Providence Equity Partners in its acquisition of the Baltic companies of the […]
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Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
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The Commercial Law and the Law on the Prevention of Money Laundering and Terrorism Financing (AML Law) were amended this November. The amendments exclude shareholders’ obligation under the Commercial Law to disclose their company’s beneficial owner (BO). Now, the disclosure requirement has been completely revised and transferred to the AML Law. As these amendments affect […]
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Sorainen is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
