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ÄIO raises capital to revolutionise oil and fat production
We advised Estonian-based biotechnology startup ÄIO on securing funding to develop an innovation centre to revolutionise the food, cosmetic and chemical industries with a low carbon approach to oil and fat production. Innovative and sustainable ÄIO, a pioneer in sustainable fat and oil production through fermentation, is set to revolutionise the food, cosmetic, and chemical […]
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Nissan transfers all its operations in three Baltic markets to Nordic Automotive Services
We assisted Nissan Nordic Europe with the conclusion of an agreement with Bassadone Automotive Nordic on becoming the importer of new Nissan vehicles, parts and services in Estonia, Latvia and Lithuania under the entity Nordic Automotive Services. Under the partnership, all Nissan operations as well as all Nissan’s employees in the three Baltic markets will […]
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Nord Security attracts USD 100 million investment
We advised the US private equity company Warburg Pincus to invest in the world-leading Lithuanian cyber security company Nord Security. In this investment round, Nord Security attracted USD 100 million and reached a value of USD 3 billion. Warburg Pincus is a new investor in the company. Existing investors Novator Ventures and Burda Principal Investments […]
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European Legal update 12.09. – 25.09.
Assistant lawyer Nikola Cīparsone compiled the material. Tax Press release: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses Published: 12 September 2023 The European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. The proposal, “Business in Europe: Framework for Income […]
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Five Sorainen partners recognised as prominent female leaders
Leading international legal directory IFLR1000 has recognised five of our partners – Piret Jesse, Karin Madisson, Eva Berlaus, Lelde Laviņa and Aušra Mudėnaitė as prominent female leaders in its 2023 Women Leaders guide. Our experts have been recognised by the guide since 2020. Leading female lawyers All five are among the most experienced practitioners active […]