Sorainen has advised Eiffel Investment Group on a EUR 20 million debt financing provided by the Eiffel Energy Transition III fund to Envolve Capital.

Ellex has advised Nordic Solar on securing EUR 24.15 million in financing from Swedbank for the completion of its 80-megawatt photovoltaic park in the Svencionys district in Lithuania. 

Sorainen has successfully represented the Nordcurrent Group before the Court of Justice of the European Union in a case that clarified the application of dividend tax exemption rules. 

TGS Baltic has advised a Sutntib Tewox subsidiary on its acquisition of two Lidl store buildings from Lidl Lietuva through a leaseback transaction.

On the evening of April 1, 2025, the Deal of the Year Awards Banquet brought together, under the same roof, over 200 top-tier lawyers from Central and Eastern Europe's leading law firms and General Counsel from across the region in Prague.

The private healthcare sector across CEE has been expanding at a remarkable pace, reshaping the way people access and experience medical care.

The Markets in Crypto-Assets Regulation (MiCAR) has just been launched, and this brings big changes for crypto-asset markets in the European Union. MiCAR applies to both crypto-asset service providers (CASPs) and crypto-asset issuers, but it focuses mainly on CASPs due to the higher risks involved with their activities. Each EU member state has the option to set its own transition periods for implementing the CASP regulations.

Walless, working with Wachtell, Lipton, Rosen & Katz, has advised Triumph Financial on the acquisition of Greenscreens.ai via a transaction valued at USD 160 million.

Walless, working with Gernandt & Danielsson, has advised ICA Gruppen on the sale of Rimi Baltic Group to Salling Group for EUR 1.3 billion. Sorainen reportedly advised Salling Group on the deal.

Addleshaw Goddard’s infrastructure and energy practice has been active across Central and Eastern Europe, with projects spanning battery storage, energy investments and motorways in Poland, disputes in Romania, and offshore wind development in Lithuania, according to Partner Marton Eorsi who highlights the growing necessity of private sector involvement in CEE, particularly in transport, energy transition, and urban mobility.

Walless has advised Scandi Standard on its EUR 18 million acquisition of six chicken farms in Lithuania.

Walless has successfully represented CarVertical before the Vilnius District Court in a case that resulted in the confirmation that database makers cannot block the reuse of non-substantial publicly accessible data.

Lithuania has updated its national legislation, with the revised Cybersecurity Law aligning with Directive (EU) 2022/2555 of the European Parliament and of the Council of 14 December 2022 on measures for a high common level of cybersecurity across the Union, amending Regulation (EU) No 910/2014 and Directive (EU) 2018/1972, and repealing Directive (EU) 2016/1148 (NIS2 Directive). The new Cybersecurity Law took effect on October 18, 2024. The implementing legislation was adopted on November 6, 2024.

Walless has advised ScaleWolf on its EUR 2 million investment in Pulsetto.

Fort Legal has advised EfTEN Capital and its managed fund, Kinnisvarafond II AS, on the EUR 18.2 million sale of Kaunas Terminal to the PREF IV fund. Cobalt advised PREF IV.

TGS Baltic has advised the Ministry of Energy of the Republic of Lithuania, the Lithuanian electricity transmission system operator Litgrid, and the state-owned energy storage system operator Energy Cells on the synchronization of the Baltic States’ electricity grids with continental Europe.

Dentons has advised the Republic of Lithuania on the issuance of two EUR-denominated benchmark bonds under its Euro Medium Term Note Program. TGS Baltic reportedly advised the Republic of Lithuania as well. Freshfields and Sorainen reportedly advised the underwriters.

Cobalt has advised German defense company Rheinmetall on a joint project with Lithuania’s EPSO-G Invest and Giraites Ginkluotes Gamykla to establish a 155-millimeter artillery ammunition manufacturing plant in Baisogala, Lithuania. TGS Baltic reportedly advised EPSO-G Invest. Sorainen reportedly advised Giraites Ginkluotes Gamykla.