28
Thu, Mar
51 New Articles

Sorainen Advises PKC on Lithuania Expansion

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sorainen Lithuania has advised PKC on opening a manufacturing unit in Lithuania. PKC is a global leader in design, manufacture, and integration of electrical distribution systems, electronic and related architecture components for the commercial vehicle industry, among others. 

The firm advised PKC on corporate, employment, tax, real estate, commercial, immigration and other matters related to the set-up of its operations in Lithuania. Sorainen also represented PKC in negotiations with the Ministry of Economy regarding an investment agreement and incentives package. The firm claims that "it is anticipated that within two years PKC will employ not less than 320 personnel in its manufacturing unit to be based in Panevezys."

The Sorainen team on the project was led by Partners Algirdas Peksys and Laimonas Skibarka, assisted by Senior Associates Liudas Ramanauskas and Jurgita Venckute.

 

 

Our Latest Issue