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July and August are usually a quiet time and a vacation period in Belarus ‒ but not in 2020. From one standpoint, we observe a gradual decrease of the COVID-19 pandemic, but from another we are seeing the final stage of the presidential elections due to take place on 9th August. These two circumstances will […]
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We advised cleaning service company Švaros broliai on developing a franchising model. So far this year the company has already concluded four transactions successfully transferring tunnel car wash businesses to new operators under a franchise agreement. Among the first Lithuanian companies to develop franchising model According to Ignas Pranskevičius, Executive Director of Švaros Broliai, the […]
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Chambers Global 2020 released its law firms rankings where Sorainen is ranked as Tier 1 law firm in Estonia. In the field of Corporate and M&A, our Estonian office partners Toomas Prangli, Paul Künnap, Piret Jesse and Aku Sorainen are recommended as notable practitioners. “Excellent practice with significant strength representing large domestic clients and foreign investors operating at a […]
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Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich, Anton Zakharau
We assisted Shaanxi Fast Gear, part of the Weichai Group that manufactures and sells heavy-duty manual transmissions, automotive gears, forgings, and castings worldwide, in creating a joint venture with Minsk Automobile Plant (MAZ), the Belarusian state-owned manufacturer of trucks, one of the largest in Eastern Europe. The Fast MAZ Ltd joint venture became the 56th […]
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Deals & Cases / Dr Daivis Švirinas, Laimonas Skibarka, Monika Mališauskaitė-Vaupšienė, Ana Novosad, Irma Kunickė, Jonas Kiauleikis, Inga Macijauskaitė, Dr Stasys Drazdauskas, Asta Augutytė-Rapkevičienė, Dobilė Minkutė, Ieva Andersone, Marika Grunte, Andris Tauriņš, Jorens Jaunozols, Līva Aleksejeva
We advised telecommunication company Bitė on entering into a framework agreement with Tele2 to create a shared Radio Access Network (RAN) in Lithuania and Latvia. Partnership to benefit customers and national economies The partnership will boost the 5G network development process so that full coverage will be rolled out much faster than in a standalone […]