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Sorainen’s revenue in Estonia grew by 19 percent and profits by 11 percent in 2024
The Sorainen office in Tallinn continues to be one of the biggest employers in the legal market in Estonia, as revealed by the annual reports published on the Company Registration Portal of the Estonian e-business register. In 2024, the firm paid nearly EUR 5 million in social, income and value added tax. The sales revenue […]
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Baltic Privacy and Innovation Summit
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Leading Baltic real estate investment company issues EUR 30 million in bonds
We advised Summus Capital, one of the leading commercial real estate investment companies in the Baltics, on raising EUR 30 million through the public offering of bonds. First-ever public offering available to retail investors This marks the company’s third ever bond issuance; however, the previous two were targeted only at institutional investors. This was their […]
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What’s changing in ESG? Key moves across the Baltics and EU you shouldn’t miss
In this issue, we bring you a selection of the most important developments shaping the sustainability agenda — both in the Baltics and across the EU. We cover recent decisions in Estonia on sustainability reporting and gender balance rules, Latvia’s new long-term energy strategy and AI initiatives, and Lithuania’s efforts to improve investor access to […]
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Court overturns record cartel fines in Lithuania
We represented Gintarinė vaistinė and Limedika in a major antitrust case—the largest in Lithuania’s history. These pharmaceutical companies were fined over EUR 25 million by the Lithuanian Competition Council (LCC) for allegedly coordinating with competitors while lobbying. The LCC claimed they submitted data to the Ministry of Health that influenced the Ministry’s decision to approve […]