Potential amendments to the Law on Pharmaceuticals The Ministry of Healthcare has prepared a draft Law of the Republic of Belarus “On Сirculation of Pharmaceuticals” (in Russian) and published it along with additional information addressing key changes (in Russian) for public discussion (ended on 31 March 2019). The draft Law is a new version of […]
Sorainen advised the leading European transportation platform Bolt in its Series C funding round of more than EUR 75 million. The equity round was led by financial investors Korelya Capital and Nordic Ninja, and included investments by both new and existing investors. Bolt is the unicorn headquartered in Estonia, which has grown into the leading […]
We advised Real Estate fund Capitalica Baltic Real Estate Fund I on preparing to enter the alternative First North market in Lithuania. Capitalica Real Estate Baltic Fund I, a closed-end investment undertaking for informed investors, is managed by Capitalica Asset Management. The fund’s bonds are expected to be listed on 30 July this year. Planning […]
Publication / Augustas Klezys, Laura Matukaitytė, Lina Ragainytė-Mezenė
A new concept of the “specialised bank” was introduced into Lithuanian law on 1 January 2017. Although initially designated for implementing reform in the credit union sector, in practice this regulation serves as a basis for developing a more favourable regulatory environment for local and foreign non-banking financial companies seeking to extend the scale of […]
We advised Baltic Horizon Fund in arranging a capital raising of EUR 4 million in connection with the latest property acquisition of the fund – Galerija Centrs Shopping Centre in Riga, Latvia which is also the largest property in the funds portfolio. “We are very pleased to add such a stable landmark cash-flow property to […]