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Financial results Last season was crowned with success 28 Nov 2022
For Grant Thornton Baltic OÜ, the 2021/2022 season in Estonia was very successful - our turnover increased by 24% compared to the previous financial year. The
Transaction Advisory We advised the importer of Audis on the sale of a stake 21 Nov 2022
In the spring and summer of 2022, Fourings OÜ, which brings together companies engaged in the sale and maintenance of Audis in Estonia, sold a 50 percent stake
Transaction advisory Selling a company in hard economic times is harder but not impossible 11 Nov 2022
Experts say that activity on the transactions market has returned to previous levels in contrast to the slump in the spring, but it should be remembered that
Legal Deleting a branch of a foreign company from the Commercial Register 11 Nov 2022
Up to 30 December 2021, according to subsection 390 (4) of the Commercial Code it was required that a branch of a foreign company has to be liquidated before
Legal Negative net assets and related issues 11 Nov 2022
Most annual reports have by now been submitted and the Commercial Register is now checking whether companies’ equity meets the minimum net assets requirement
Our news A new partner at Grant Thornton Baltic 07 Nov 2022
Kristel Tiits, a long-term employee of our company and Head of Legal, became a Partner of Grant Thornton Baltic. In total, we now have seven partners in
Legal The Commercial Register will get a separate act and the Commercial Code will be amended 20 Oct 2022
The Commercial Register Act will enter into force in three stages: the general date of entry into force is 1 February 2023, but the amendments concerning the
Legal Amendments to Employment Contracts Act enter into force on 1 August 20 May 2022
The European Union directive on transparent and predictable working conditions has been transposed into national law. The corresponding amendments come into
Labor law The ABCs of hiring a new employee 14 Feb 2022
Employers have to deal with three important aspects that lead to an employment relationship between employer and employee: job interview, pre-contractual
Transaction advisory The experience of a businessman who sold his life’s work: how to get top dollar from the Chinese 10 Feb 2022
A businessman who started a company in Estonia even before the country had regained independence, Kevin Probert-Ehaver, recently sold his life’s work – the
Case study We advised German company RAUMEDIC 13 Jan 2022
Grant Thornton Baltic OÜ advised German company RAUMEDIC AG on the acquisition of aktsiaselts A&G. RAUMEDIC AG is a leading developer and manufacturer of
Case study We advised international insurance broker Howden on entering the Estonian market 20 Dec 2021
Grant Thornton Baltic advised Howden Finland Oy, the market leader in Finland and part of the international group Howden Broking, on the acquisition.
Labor Law Child leave system to change next year 29 Nov 2021
Effective 1 April 2022, when the system for taking child leave will change in the Employment Contracts Act, all parents of children under 14 years of age will
Legal Deadline for workplace risk assessments is approaching 18 Aug 2021
Under the Occupational Health and Safety Act, employers must compile a risk assessment of the working environment. It is mandatory for employers who have at
Labor law What possibilities do employers have to stay afloat in a crisis? 09 Apr 2021
The coronavirus restrictions have put many employers in a very difficult situation. When turnover is down, it’s time to analyse what would lead the company
Labor law Home offices have been the biggest game-changer in employment relationships 09 Apr 2021
The coronavirus crisis, which started a little more than a year ago, changed quite a few things in employment relationships. One of the most important changes
Legal 2021 We have a new Head of Legal Services 01 Feb 2021
In January 2021, Catre Kasak who has over ten years of experience in the field of law, joined Grant Thornton Baltic as a new Head of Legal services. Catre’s
Remote working Remote working leads the concept of employment injury to absurd 25 Nov 2020
The employer has an obligation to ensure the safety of its employee, but in the conditions of a home office, a legal requirement may become absurd, it was
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