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We advised the international bank Citibank on providing a EUR 30 million loan to Linas Agro, the agribusiness company of Akola Group, one of the largest agricultural and food production groups in the Baltic states. “This financing will help us plan seasonal grain procurement flows more smoothly, manage working capital more efficiently, diversify funding sources […]
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Rimi Baltic has signed a share purchase agreement to acquire HAVI Logistics companies in Latvia, Lithuania and Estonia. This is a significant step in Rimi’s development, strengthening the competitiveness of its supply chain in the region. The transaction is still subject to approval by the competition authorities in all Baltic countries. About the deal In […]
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CBAM = carbon border adjustment mechanism. This is a new CBAM payment for imports of certain goods (over 50t/y) to ensure that it is not more cost-effective to produce goods outside the EU in terms of CO2. From 2024 I already wrote about CBAM in 2024, when the relevant EU regulation came into force. The main categories of goods […]
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We successfully represented the parents of children attending Virtsu Kool, a school in western Estonia, in a dispute with Lääneranna municipality. The case concluded favourably for our client and is set to influence the Estonian educational landscape. In 2023, the Lääneranna municipal council decided to convert Virtsu Kool from a basic school into a four-year […]
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Sorainen has also published a summary of tax news for 2026, which came into force on January 1, 2026. What seems to be the most important in the December 2025 Tax News? Legislation Amendments to Cabinet Regulation No. 899 “Procedures for the Application of the Provisions of the Law on Personal Income Tax“ clarify the following […]
