Lithuania may find itself in economic turmoil, but it is also experiencing strong political unity in the face of the war in Ukraine, according to Motieka & Audzevicius litigation Partner Justinas Jarusevicius.

Lauras Butkevicius has joined Ellex’s Lithuanian office as a Partner.

Cobalt has advised the Adampolis Group on becoming the official representative of MAN Truck and Bus SE in Finland by acquiring the MAN Truck & Bus Finland business from K-Auto.

Contributed by Averus.

Cobalt has advised Baltu Lanku Vadoveliai on its partnership with the Klett group. Reportedly, Sorainen advised the Klett group.

Ellex has successfully represented the interests of Litesko in reaching an amicable settlement to a dispute over the Alytus city heating and electricity infrastructure.

Deloitte Legal Lithuania and Popovici Nitu Stoica & Asociatii have advised Bico Industries on its EUR 3.2 million full acquisition of Iranga Technologijos. Triniti Jurex reportedly advised the sellers.

Cobalt has advised Lithuanian venture capital fund management company Practica Capital on its investment in anti-money laundering start-up Amlyze.

Cobalt has advised the Baltic Horizon Fund on its agreement with ECRE IV (Lux) for the full sale of BH Duetto – the owner of the Duetto I and II office buildings in Vilnius, Lithuania.

Motieka & Audzevicius has announced that the firm is changing its brand for visual communication to Motieka, while keeping its team and legal structure intact.

Contributed by Walless.

Sorainen has advised BaltCap on its acquisition of a 70% stake in the Hansab Group. Cobalt advised Hansab's majority shareholders on the sale.

Former Senior Associates Audrius Slazinskas, Evaldas Petraitis, and Ruslan Boiko have been promoted to Associate Partners at Noor.

Walless has successfully represented KC Projektai before the Supreme Court of Lithuania in a state land lease agreement-related dispute.

Lithuania has never been among the leading countries in the field of energy from renewables. Dependence on imported electricity is still high, with just around 30% of electricity demand being produced locally. The installation of various power plants was slow and did not have a strong economic basis, with the main opportunities arising in wind and solar energy.

Sorainen has advised Bagfactory on its investment from Livonia Partners. TGS Baltic advised Livonia Partners.

Ellex has advised the EBRD on its EUR 38.23 million secured loan to Vilnius city municipality-owned public transport company Vilniaus Viesasis Transportas for the renewal of Vilnius public transport.

Former Rail Baltica Head of Litigation Karolis Gudas has returned to private practice to launch his eponymous Karolis Gudas Law Firm.