On 24 September 2022, amendments to the Immigration Law entered into force, changing the procedure for applying for and renewing long-term visas and residence permits for Russian and Belarusian citizens. The amendments were made in response to the war started by Russia in Ukraine, as well as the individual and economic sanctions applied by the […]
We are advising Riigi Kinnisvara AS (RKAS), a real estate development and management company established for the efficient management of the real estate belonging to the Estonian state, on the purchase (public procurement) of electricity produced from renewable sources. Commitment to renewable energy As one of the largest electricity consumers in Estonia, RKAS is starting […]
We advised Hõbevara, a real estate holding company of Silberauto group, upon acquiring a 90% shareholding from Arealis Holding in Shnelli Ärimaja, owning and operating rentable business premises located at the centre of Tallinn, Estonia. Premium real estate Shnelli Ärimaja owns the right of superficies of Toompuiestee 35. The A-class office building, located in the […]
We are advising Betoonimeister, a leading Estonian producer of ready-mix concrete, on the sale of the majority shareholding in Betoonimeister to German building materials group Schwenk. Entering a new market As a result of the transaction, Schwenk aims to expand their operations, especially in the ready-mix concrete production market in the Baltics which is outside […]
Sorainen Latvia advised Mantinga, the largest producer of bread, snacks and frozen products in the Baltic States, on acquisition of Fresh Food Production from Orkla Latvija. About Fresh Food Production Fresh Food Production has been established by Orkla Latvija with the purpose of divestment of the convenience food business from Orkla Latvija to the target […]