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SORAINEN Lithuania advised the very first Lithuanian payment initiation service provider, Mistertango, on providing payment initiation services in an unregulated market. On 8 October 2015 the European Parliament voted to pass the revised Directive on Payment Services (the PSD2). However, the PSD2 has not yet been implemented in Lithuanian legislation so that some legal uncertainty […]
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Publication / Alexey Anischenko, Marina Golovnitskaya
February 2016 is expected to see the launch of a single market of medicines in the framework of the Eurasian Economic Union, which may be a game changer in the industry. Currently over 30 draft acts have been adopted, establishing EEU rules and principles for movement of medicines and covering such issues as registration, clinical […]
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Publication / Alexey Anischenko, Kirill Laptev
Dear clients and cooperation partners, We are pleased to provide you with this update on amendments to the Belarus Tax Code introduced by Law No. 343-Z dated 30 December 2015 and effective 1 January 2016. Below we have included the most significant changes in this report. Apart from an expanded transfer pricing regime (please see […]
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SORAINEN assisted a consortium of AMP Capital Investors and Infracapital Partners II in acquiring one hundred per cent equity stake in Adven Group, a provider of sustainable and business critical energy infrastructure and services in Finland, Sweden and Estonia. The new owners see significant growth potential in the business over the next five to seven […]
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SORAINEN Lithuania advised a company from the Inreal group on the acquisition from Litectus of a business centre at 92, Žalgirio street, Vilnius. The transaction was organized by Inreal valdymas, a leading Lithuanian real estate company. The nine-storey business centre, located in a convenient and rapidly developing part of the city at 92, Žalgirio Street, […]
