The Republic of Lithuania is one of the three Baltic States. Lithuania has an estimated population of 2.9 million people, and its capital and largest city is Vilnius. The official language is Lithuanian, along with Latvian.
In January 2015, Lithuania became the 19th member of the Eurozone and the growth rate of the Lithuanian economy is among the fastest in the European Union. The adoption of the euro is expected to assist companies in seeking greater trading opportunities.
For law firms, major corporate activity has revolved around the sale of assets in connection with the exits of E.ON Ruhrgas and Gazprom from the Lithuanian energy market. There have also been high-value acquisitions in the financial services sector, mainly as a result of the demise of Ukio Bank and Snoras Bankas.
The 66th CCBE newsletter is out - read more about the following topics: Proposed European Convention on the profession of lawyer
Use the European e-justice portal to find or identify lawyers from the EU and the EEA
An overview of the UK legal service sector in the current European market place and potential changes post-Brexit
Attend the Law Society’s networking reception for participants and interested family law experts on 27 March