ESG which stands for environmental, social and governance responsibility becomes one of the main priorities in many companies – you can act in a way that makes the world a better place and promote long-term sustainability. The ESG criteria are being considered not only by the investors – current assessments estimate that there are more Read more
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Startups usually are based on human knowledge, creation, and invention – in other words, on intellectual property. If a startup wants to be successful, it must take care of its intellectual property protection from the moment a startup is being started – otherwise, the strategy can collapse and a startup will run into plenty of problems even Read more
Currently, the international sanctions and their implementation is a particularly topical and sensitive issue, which also lies on the shoulders of the managers of undertakings operating in Lithuania. Correspondingly, managers (directors, board members, etc.) who, in accordance with the corporate governance structure, are responsible for the conclusion and control of the relevant transactions may be Read more
We are highlighting three major changes concerning the collection of and access to the data of beneficial owners (BO) in accordance with amendments to the Money Laundering and Terrorist Financing Prevention Act (MLTFPA) which entered into force on 7 March 2022. Read more
Sanctions imposed on Russia Following the invasion of Ukraine, on February 25th, 2022 the EU promptly imposed a new powerful package of restrictive measures in several sectors, particularly defense, energy, aviation and finance. Among others, the aim of the sanctions is to impose a complete export ban on goods and technology used in the aviation Read more
2021 was a busy and productive year for the TRINITI Transport & Infrastructure practise group. The summary of our most important advisory projects in these sectors would be as follows: Read more
In September 2021, the Financial Supervision Authority twice fined undertakings who failed to notify the supervisory authority of their intention to acquire an indirect qualifying holding in an Estonian investment firm. The undertakings violated the requirements of subsection 73 (1) of the Securities Market Act. Read more
The 1435 mm Rail Baltica railway from Tallinn to the border of Lithuania and Poland will be constructed over its length of 870 km as a new double-track electrified rail infrastructure on which international passenger trains will be running at speeds up to 249 km/h and freight trains at speeds up to 120 km/h. Construction Read more
Lithuania is becoming more and more attractive to foreign investors not only because of the country’s startup-friendly regulatory environment, but also because of the increasing potential growth of the startups. During the past few years Lithuania has become one of the leading countries in Europe in terms of the rapid growth of startup ecosystem in Read more
Article by Valter Võhma, attorney-at-law at TRINITI Estonia specialised in advising the start-up sector and fundraising transactions. TRINITI is a pan-Baltic law firm that helps entrepreneurs to change the world. The land of unicorns Estonia is located on the coast of the Baltic Sea neighbouring Finland, Sweden, Latvia and Russia. With the population of approximately Read more