1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

Beginning of the history

Establishment of Lideika, Petrauskas, Valiūnas and partners, the first still operating business law firm in Lithuania – a leader in the business law market from the beginning to the present.

Importance

From a team of 8 lawyers then up to 110+ in Lithuania and 250+ law professionals in the Baltic states now.

Today Ellex Valiunas is the largest and No 1 law firm by legal competences in Lithuania (2021 KANTAR Sifo Prospera market research) and the best law firm in the Baltics according to the international magazine The Lawyer.

Bringing global players to the market

Assisting SAS air company and the global corporation Coca-Cola to come to Lithuania.

Importance

It was the beginning. Today already 11 international airline companies operate in Lithuania.

Coca-cola, one of the largest soft drinks companies operating in Lithuania, has brought 12 globally well known trade marks to the country and is also engaged in production of Lithuanian water Neptūnas.

Beginning of the lawyers' partnership in Lithuania

We lay the foundations for the business law services sector in Lithuania.

Importance

Signing the partnership agreement which lays the ground for the prospering of a modern business law firm meeting the European standards.

Acceleration of Western culture

With the assistance of the law firm’s lawyers, McDonalds and United Colours of Benetton start their activity in Lithuania.

Importance

Today McDonalds is still one of the most popular fast food suppliers in Lithuania with even 17 restaurants in Lithuania, while Ellex Valiunas continues its successful efforts in assisting further development of the food service business. In 2021, the law firm helped the US fast food restaurant chain Domino’s Pizza enter Lithuania, too.

The first FEZ in Lithuania

We work on a unique project – the establishment of the first in Lithuania free economic zone in Kaunas.

Importance

It is the first step towards a more attractive investment environment. We assist in laying the foundations for the FEZ legal regulation in Lithuania.

Alliance with the global law firm network

We become members of Lex Mundi, the global network bringing together the world’s best law firms.

Importance

This membership opens the way for lawyers of Lithuania and the Baltic states to the international attorneys’ network and creates an opportunity to share legal competences worldwide.

Assistance to Lithuanian business and the society

  • Representing the Danish capital company Danisco Sugar in the acquisition of sugar factories from Vilniaus Prekyba.
  • Starting the path of social responsibility: together with Vilnius University, we establish a Law Clinic to provide free legal aid to socially vulnerable people.
Importance

The EUR 29 million (over LTL 100 million) transaction (sales of Kėdainiai, Marijampolė, Panevėžys, Pavenčiai sugar factories) was the largest investment at the time in Lithuanian business that ensured new business development opportunities for Vilniaus prekyba.

A lot of Lithuanian people have used free legal consultations provided by the Law Clinic. Teaming up specialists and working ourselves together with them, we increase accessibility of legal services for the public.

Improvement of investment climate

  • Representing the US company Williams International in the acquisition of 33% of shares in Mažeikių nafta.
  • Jointly with Lithuanian business leaders, we establish the Investors` Forum association.
Importance

The management of the company was transferred to Williams International, and at that time Lithuania prevented the takeover of Mazeikiu nafta by Russian capital.

Today, it is one of the largest independent business association of investors into the Lithuanian economy, having 60 members.

More advanced business environment

  • Assistance in drafting the new Civil Code of the Republic of Lithuania.
  • Providing legal services in the privatisation of Lietuvos energija.
Importance

Our lawyers contribute to creating one of the newest and most modern civil codes in the world that considerably changes the national private law regulation. Prof. habil. dr. Valentinas Mikelėnas, partner of the law firm, makes a significant contribution to the creation of the Civil Code of the Republic of Lithuania.

Today Lietuvos energija operates under the name of Ignitis group and is among major energy and renewable energy companies in the Baltic region.

Promoting executive leadership

The managing partner of the law firm, Rolandas Valiūnas, a co-founder of the Baltic Management Institute (BMI) in Lithuania, was among the first graduates of the Institute’s students.

Importance

In the 2021 list of the global business schools published by Ivy Exed, the BMI Executive Institute program ranked among top 16 in the world.

More opportunities for investors

Assistance in establishing Klaipėda FEZ.

Importance

Today it is the largest FEZ community with 45 clients from 18 countries, over 100 businesses and 5900 employees.

Olympus of international projects

  • Assistance in implementing an important transaction – the acquisition of Omnitel by Telia Sonera.
  • Implementing an international project – privatisation of Lietuvos dujos.
Importance

The Telia Sonera’s acquisition lead to the launching of the telecommunications business of a new generation. Today Telia is among the major telecommunications companies in Lithuania that has invested over EUR 1.5 billion in the development of the Lithuanian telecommunications.

The Lietuvos dujos privatisation project at that time attracted strategic investors, one of the largest energy concerns in Europe E.ON AG, for the solution of major national energy issues and the management of resources.

The first Baltics law firm

Launching activity in Latvia and Estonia.

Importance

Through joint efforts with the Latvian and Estonian law firms, we are pioneers of the interjurisdictional partnership in the Baltic states.

New partnerships in the legal network

Ellex Valiunas joins the newly established World Services Group, a leading global network of law professionals.

Importance

As part of the WSG network, we join their initiatives on a continuous basis in drafting reviews of the Lithuanian legal business environment. Such international involvement increases awareness of the global lawyers’ community on the Lithuanian legal framework and its prospects for businesses.

Projects of national significance

Providing legal services in the transaction of national significance – the acquisition of Mažeikių nafta by PKN Orlen.

Importance

In the transaction, we represent the Russian oil concern Yukos International, which sells 53.7 percent of shares in Mazeikiu nafta. It is one of the most strategically important and economically most advantageous transactions in Lithuania that has shaped the direction of the energy security development, too.

Improvement of the investment environment

The managing partner of the law firm, Rolandas Valiūnas, becomes Chairman of the Board of the Association Investors` Forum.

Importance

With constant increase of Lithuania’s attractiveness to investors, there is a need for a synergy between business, society and government to which Ellex Valiunas contributes by its competences, too. Lithuania surpasses some Western European countries in terms of GDP per capita.

Transactions changing the market

  • Implementation of the NASDAQ and OMX merger transaction.
  • Assistance to Lithuania in winning the ICC international arbitration case against Naftos gavyba.
Importance

Assistance in forming a new type of exchange company: the NASDAQ and OMX merger creates the world’s largest exchange operator.

The legal market grows to the expert level internationally. Defence of the interests of the State in international arbitration – an exceptional case in the Lithuanian history where the interests of the State are defended by a team of experts of the Lithuanian law firm in the international arbitration.

Breakthrough in the country's national energy sector

  • Representing Lithuania in the national electricity company LEO LT division project.
  • Contributing to the formation of the renewable energy policy of the Republic of Lithuania.
Importance

The division of LEO LT becomes a solid basis for the demonopolisation of the energy sector and the creation of the free electricity market.

The formation of the national renewable energy policy provides the framework for the nationwide development and management of this industry.

Transformation of the strategic sectors

  • Assisting the shareholders of the Lithuanian biotechnology company Fermentas in selling the shares to Thermo Fisher Scientific.
  • Participation in the transfer of the EU third energy package to the law of the Republic of Lithuania.
Importance

One of the most successful and profitable sales of Lithuanian business, which proves that the national business solutions can attract world-class investors. According to the 2021 data, Thermo Fisher Scientific is the largest corporate taxpayer and the most valuable company in Lithuania.

The implementation of the third energy package ensures an even more open and competitive energy resources market in Lithuania.

Fostering culture

  • Partner dr. Jaunius Gumbis becomes Honorary Consul of the Federal Republic of Brazil.
  • We actively participate in promoting and preserving the historical heritage, cultural and art values.
Importance

Experts of our law firm contribute to developing cross-border relations and assist in representing interests of foreign nationals. Today already 4 partners of the law firm are in such positions. Vilija Vaitkute Pavan is Honorary Consul of Luxembourg, managing partner Rolandas Valiūnas is Honorary Consul of the Kingdom of Thailand and Ramūnas Petravičius is Honorary Consul of the Republic of Slovakia.

Our aim is not only to develop the business environment of Lithuania, but also to contribute to the promotion of the culture and art values. The cartographic album published by the law firm Lituania in Atlantibus receives the highest award from the Ministry of Culture of the Republic of Lithuania as the most beautiful book of the year.

Export of competences to other regions

  • Contributing by our legal services to the development of the liquified natural gas terminal in Klaipėda.
  • Representing Lithuania in the planning of the construction of Visaginas Nuclear Power Plant and in the negotiations with the Japanese capital strategic investor Hitachi.
  • Strengthening the law firm’s social responsibility policy Pro Bono.
Importance

It is the framework to create the natural gas market in Lithuania and opens an opportunity to import natural gas from the entire world.

The new NPP could have started operating in 2018-2020. However, after the rejection by Lithuanian people of the construction of the nuclear power plant during the referendum in 2012, the idea of its construction failed. In today’s perspective, this project could have been the most significant event towards Lithuania’s energy independence.

We continue the social mission initiatives through free legal assistance to the outstanding sportsmen and public figures promoting the country, such as Rūta Meilutytė, a future Olympic, world and European champion at that time, the Lithuanian Basketball Federation, writer Kristina Sabaliauskaitė and others.

International perspective of the Lithuanian law

  • Representing Klaipedos nafta in the negotiations with the European Commission on the EUR 430 million state aid package.
  • Assisting Lithuania in signing the shareholders’ agreement on the construction of the railway line Rail Baltica.

 

Importance

The law firm’s team assisted Klaipėdos nafta in coordinating the EUR 448 million state aid scheme at issue, which at that time was the biggest throughout the Lithuanian history. The disputes finally ended only in 2021 with the European Union Court of Justice acknowledging the procedure for maintaining the Klaipėda liquified gas terminal Independence applicable from 2019, as valid.

Ellex Valiunas’ legal competence is used in the most important strategic infrastructure projects that cross the borders of Lithuania.

Political insight

  • Through our legal services we assist the Republic of Lithuania in taking over three energy companies from E.ON and Gazprom.
  • The managing partner of the law firm, Rolandas Valiūnas, receives the Culture Patron of the Year award from the Ministry of Culture of the Republic of Lithuania.
Importance

This acquisition creates the conditions for the Lithuanian state to continue striving for the independence in the energy sector.

Since the creation of the law firm, in the context of social responsibility, we have been supporting various initiatives and culture institutions, such as M. K. Čiurlionis National Museum of Art, Vilnius City Opera, St. Christopher Chamber Orchestra, MO Museum, the Vilna Gaon State Jewish Museum and the Lithuanian Art Centre TARTLE.

Negotiating power and professional competences

  • Barclays Bank, BNP Paribas and HSBC Bank, consulted by the Ellex Valiunas lawyers, carry out for the first time two Lithuanian eurobond issues for the total par value of EUR 1.5 billion.
  • Partner of the law firm, prof. dr. Vytautas Mizaras, is awarded with the Cross of Commander of the Order of the Lithuanian Grand Duke Gediminas for the active provision of free legal assistance on human rights issues.
Importance

Ellex Valiunas is chosen as a reliable partner in Lithuania’s borrowing highly significant amounts in international markets.

Attorney prof. dr. V. Mizaras’ long-term experience in human rights issues and professional and academic competence was highly evaluated in 2021 by appointing this Ellex Valiunas partner as a judge of the Constitutional Court of the Republic of Lithuania.

A year of record transactions

  • Mergermarket recognises Ellex as M&A Advisor of the Year in the Baltics.
  • We participate in adopting a new socially-modelled draft Labour Code.
Importance

It is a year rich in transactions demonstrating the growing potential of the Lithuanian market and its attractiveness to foreign investors. Ellex has received the Mergermarket award as the best legal advisor many times.

The involvement of the Ellex Valiunas partner Ramūnas Petravičius helps draw up a highly relevant today labour code legitimising more flexible employment relationships, which promotes creation of workplaces and a higher competitiveness of the Lithuanian labour market.

Towards the future of innovations

Ellex is recognised as one of top 50 most innovative law firms in Europe based on the results of The Financial Times survey FT Innovative Lawyers Report. The law firm receives this rating three years in succession.

Importance

Innovations we create in our activity demonstrate that the Lithuanian legal market becomes an example to be followed by law firms of other countries. We are the first in the Baltic states to start using the artificial intelligence system Luminance widely applied by global law firms.

Meaningful leadership

  • Managing Partner Rolandas Valiūnas opens TARTLE, a unique Lithuanian art centre, in Vilnius.
  • Launching Ellex Digital, a unique in the legal market project, designed for the synergy between innovative business and law.
  • Representing the start-up Nanoavionika, the only business in the space industry in Lithuania, in becoming a purchase of the US investors.
Importance

The prominent art collection accumulated by the law firm’s partners is opened to the public. Our aim is not only to bring back the Lithuanian cultural and historical heritage to Lithuania, but also make it available to the public. Currently, the TARTLE collection is comprised of over 8 thousand exhibits, placing it among the major private art collections available to the public in Central Europe.

The Ellex Digital project begins with the transformation of the firm’s internal culture, aimed at intensive digitization of daily activities. This project becomes unique and the first innovative movement in Lithuania focused on the legal competence for IT services and law digitisation.

The company Practica Capital sells its all shares in Nanoavionika to AST & Science, the US small satellite producer, and opens new opportunities for the Lithuanian start-up to get a foothold in space.

Perspective in the Baltics

  • Assisting Blackstone in acquiring the main shareholding in Luminor bank of EUR 1 billion.
  • Contributing by our legal services to the establishment of a new plant of Hollister Incorporated in Kaunas.
  • Contributing to the history of the first unicorns in Lithuania.
Importance

The acquisition of The Blackstone Group L.P., the international private capital fund management company, has become the largest transaction on the Lithuanian market during the recent decade.

The entry of the US health product manufacturer represents a major achievement to Lithuania demonstrating that the business environment in our country is favourable to strategic investments.

The Ellex Valiunas lawyers work on three rounds of investment in the start-up Vinted, including the attracted investment of EUR 128 million that help Vinted become the first unicorn in Lithuania. Already in 2022, we successfully represent investors in attracting the investments of USD 100 million to Nord Security that help it become the second unicorn in Lithuania.

Social responsibility without borders

  • Establishment of the Healthcare Institutions Charity Fund Drauge įveiksim.
  • Representation of Lithuania before the EU Court of Justice.
Importance

In order to help manage the global COVID-19 crisis in Lithuania, jointly with business partners and public figures and President Valdas Adamkus, we establish a charity fund which makes a significant contribution in helping healthcare institutions acquire the required equipment and protective measures when they were in short supply worldwide. The total collected amount is more than EUR 723 thousand.

It is the first time when Lithuania initiates a lawsuit before the EU Court of Justice and disputes the regulations and directives adopted by the European Parliament and the Council seeking to remove the unjustifiably differentiated provisions in respect of carriers of different EU countries. The law firm’s lawyers assist in defending the interests of workers employed in transport companies, transport companies and other persons related to carrying goods.

Another year of growing together

The law firm experiences the unprecedented growth – the confidence of clients increases the total number of lawyers up to 110 in the Lithuanian law firm and exceeds 200 in the Baltic countries.

Importance

In the 30 years of activity, Ellex Valiunas has consistently retained its position as a leading business law expert, reputation and excellence required for major national businesses and foreign investors in the Baltics.

Together with Lithuania for 30 years of meaningful leadership!

1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

Beginning of the history

Establishment of Lideika, Petrauskas, Valiūnas and partners, the first still operating business law firm in Lithuania – a leader in the business law market from the beginning to the present.

Importance

From a team of 8 lawyers then up to 110+ in Lithuania and 250+ law professionals in the Baltic states now.

Today Ellex Valiunas is the largest and No 1 law firm by legal competences in Lithuania (2021 KANTAR Sifo Prospera market research) and the best law firm in the Baltics according to the international magazine The Lawyer.

Bringing global players to the market

Assisting SAS air company and the global corporation Coca-Cola to come to Lithuania.

Importance

It was the beginning. Today already 11 international airline companies operate in Lithuania.

Coca-cola, one of the largest soft drinks companies operating in Lithuania, has brought 12 globally well known trade marks to the country and is also engaged in production of Lithuanian water Neptūnas.

Beginning of the lawyers' partnership in Lithuania

We lay the foundations for the business law services sector in Lithuania.

Importance

Signing the partnership agreement which lays the ground for the prospering of a modern business law firm meeting the European standards.

Acceleration of Western culture

With the assistance of the law firm’s lawyers, McDonalds and United Colours of Benetton start their activity in Lithuania.

Importance

Today McDonalds is still one of the most popular fast food suppliers in Lithuania with even 17 restaurants in Lithuania, while Ellex Valiunas continues its successful efforts in assisting further development of the food service business. In 2021, the law firm helped the US fast food restaurant chain Domino’s Pizza enter Lithuania, too.

The first FEZ in Lithuania

We work on a unique project – the establishment of the first in Lithuania free economic zone in Kaunas.

Importance

It is the first step towards a more attractive investment environment. We assist in laying the foundations for the FEZ legal regulation in Lithuania.

Alliance with the global law firm network

We become members of Lex Mundi, the global network bringing together the world’s best law firms.

Importance

This membership opens the way for lawyers of Lithuania and the Baltic states to the international attorneys’ network and creates an opportunity to share legal competences worldwide.

Assistance to Lithuanian business and the society

  • Representing the Danish capital company Danisco Sugar in the acquisition of sugar factories from Vilniaus Prekyba.
  • Starting the path of social responsibility: together with Vilnius University, we establish a Law Clinic to provide free legal aid to socially vulnerable people.
Importance

The EUR 29 million (over LTL 100 million) transaction (sales of Kėdainiai, Marijampolė, Panevėžys, Pavenčiai sugar factories) was the largest investment at the time in Lithuanian business that ensured new business development opportunities for Vilniaus prekyba.

A lot of Lithuanian people have used free legal consultations provided by the Law Clinic. Teaming up specialists and working ourselves together with them, we increase accessibility of legal services for the public.

Improvement of investment climate

  • Representing the US company Williams International in the acquisition of 33% of shares in Mažeikių nafta.
  • Jointly with Lithuanian business leaders, we establish the Investors` Forum association.
Importance

The management of the company was transferred to Williams International, and at that time Lithuania prevented the takeover of Mazeikiu nafta by Russian capital.

Today, it is one of the largest independent business association of investors into the Lithuanian economy, having 60 members.

More advanced business environment

  • Assistance in drafting the new Civil Code of the Republic of Lithuania.
  • Providing legal services in the privatisation of Lietuvos energija.
Importance

Our lawyers contribute to creating one of the newest and most modern civil codes in the world that considerably changes the national private law regulation. Prof. habil. dr. Valentinas Mikelėnas, partner of the law firm, makes a significant contribution to the creation of the Civil Code of the Republic of Lithuania.

Today Lietuvos energija operates under the name of Ignitis group and is among major energy and renewable energy companies in the Baltic region.

Promoting executive leadership

The managing partner of the law firm, Rolandas Valiūnas, a co-founder of the Baltic Management Institute (BMI) in Lithuania, was among the first graduates of the Institute’s students.

Importance

In the 2021 list of the global business schools published by Ivy Exed, the BMI Executive Institute program ranked among top 16 in the world.

More opportunities for investors

Assistance in establishing Klaipėda FEZ.

Importance

Today it is the largest FEZ community with 45 clients from 18 countries, over 100 businesses and 5900 employees.

Olympus of international projects

  • Assistance in implementing an important transaction – the acquisition of Omnitel by Telia Sonera.
  • Implementing an international project – privatisation of Lietuvos dujos.
Importance

The Telia Sonera’s acquisition lead to the launching of the telecommunications business of a new generation. Today Telia is among the major telecommunications companies in Lithuania that has invested over EUR 1.5 billion in the development of the Lithuanian telecommunications.

The Lietuvos dujos privatisation project at that time attracted strategic investors, one of the largest energy concerns in Europe E.ON AG, for the solution of major national energy issues and the management of resources.

The first Baltics law firm

Launching activity in Latvia and Estonia.

Importance

Through joint efforts with the Latvian and Estonian law firms, we are pioneers of the interjurisdictional partnership in the Baltic states.

New partnerships in the legal network

Ellex Valiunas joins the newly established World Services Group, a leading global network of law professionals.

Importance

As part of the WSG network, we join their initiatives on a continuous basis in drafting reviews of the Lithuanian legal business environment. Such international involvement increases awareness of the global lawyers’ community on the Lithuanian legal framework and its prospects for businesses.

Projects of national significance

Providing legal services in the transaction of national significance – the acquisition of Mažeikių nafta by PKN Orlen.

Importance

In the transaction, we represent the Russian oil concern Yukos International, which sells 53.7 percent of shares in Mazeikiu nafta. It is one of the most strategically important and economically most advantageous transactions in Lithuania that has shaped the direction of the energy security development, too.

Improvement of the investment environment

The managing partner of the law firm, Rolandas Valiūnas, becomes Chairman of the Board of the Association Investors` Forum.

Importance

With constant increase of Lithuania’s attractiveness to investors, there is a need for a synergy between business, society and government to which Ellex Valiunas contributes by its competences, too. Lithuania surpasses some Western European countries in terms of GDP per capita.

Transactions changing the market

  • Implementation of the NASDAQ and OMX merger transaction.
  • Assistance to Lithuania in winning the ICC international arbitration case against Naftos gavyba.
Importance

Assistance in forming a new type of exchange company: the NASDAQ and OMX merger creates the world’s largest exchange operator.

The legal market grows to the expert level internationally. Defence of the interests of the State in international arbitration – an exceptional case in the Lithuanian history where the interests of the State are defended by a team of experts of the Lithuanian law firm in the international arbitration.

Breakthrough in the country's national energy sector

  • Representing Lithuania in the national electricity company LEO LT division project.
  • Contributing to the formation of the renewable energy policy of the Republic of Lithuania.
Importance

The division of LEO LT becomes a solid basis for the demonopolisation of the energy sector and the creation of the free electricity market.

The formation of the national renewable energy policy provides the framework for the nationwide development and management of this industry.

Transformation of the strategic sectors

  • Assisting the shareholders of the Lithuanian biotechnology company Fermentas in selling the shares to Thermo Fisher Scientific.
  • Participation in the transfer of the EU third energy package to the law of the Republic of Lithuania.
Importance

One of the most successful and profitable sales of Lithuanian business, which proves that the national business solutions can attract world-class investors. According to the 2021 data, Thermo Fisher Scientific is the largest corporate taxpayer and the most valuable company in Lithuania.

The implementation of the third energy package ensures an even more open and competitive energy resources market in Lithuania.

Fostering culture

  • Partner dr. Jaunius Gumbis becomes Honorary Consul of the Federal Republic of Brazil.
  • We actively participate in promoting and preserving the historical heritage, cultural and art values.
Importance

Experts of our law firm contribute to developing cross-border relations and assist in representing interests of foreign nationals. Today already 4 partners of the law firm are in such positions. Vilija Vaitkute Pavan is Honorary Consul of Luxembourg, managing partner Rolandas Valiūnas is Honorary Consul of the Kingdom of Thailand and Ramūnas Petravičius is Honorary Consul of the Republic of Slovakia.

Our aim is not only to develop the business environment of Lithuania, but also to contribute to the promotion of the culture and art values. The cartographic album published by the law firm Lituania in Atlantibus receives the highest award from the Ministry of Culture of the Republic of Lithuania as the most beautiful book of the year.

Export of competences to other regions

  • Contributing by our legal services to the development of the liquified natural gas terminal in Klaipėda.
  • Representing Lithuania in the planning of the construction of Visaginas Nuclear Power Plant and in the negotiations with the Japanese capital strategic investor Hitachi.
  • Strengthening the law firm’s social responsibility policy Pro Bono.
Importance

It is the framework to create the natural gas market in Lithuania and opens an opportunity to import natural gas from the entire world.

The new NPP could have started operating in 2018-2020. However, after the rejection by Lithuanian people of the construction of the nuclear power plant during the referendum in 2012, the idea of its construction failed. In today’s perspective, this project could have been the most significant event towards Lithuania’s energy independence.

We continue the social mission initiatives through free legal assistance to the outstanding sportsmen and public figures promoting the country, such as Rūta Meilutytė, a future Olympic, world and European champion at that time, the Lithuanian Basketball Federation, writer Kristina Sabaliauskaitė and others.

International perspective of the Lithuanian law

  • Representing Klaipedos nafta in the negotiations with the European Commission on the EUR 430 million state aid package.
  • Assisting Lithuania in signing the shareholders’ agreement on the construction of the railway line Rail Baltica.

 

Importance

The law firm’s team assisted Klaipėdos nafta in coordinating the EUR 448 million state aid scheme at issue, which at that time was the biggest throughout the Lithuanian history. The disputes finally ended only in 2021 with the European Union Court of Justice acknowledging the procedure for maintaining the Klaipėda liquified gas terminal Independence applicable from 2019, as valid.

Ellex Valiunas’ legal competence is used in the most important strategic infrastructure projects that cross the borders of Lithuania.

Political insight

  • Through our legal services we assist the Republic of Lithuania in taking over three energy companies from E.ON and Gazprom.
  • The managing partner of the law firm, Rolandas Valiūnas, receives the Culture Patron of the Year award from the Ministry of Culture of the Republic of Lithuania.
Importance

This acquisition creates the conditions for the Lithuanian state to continue striving for the independence in the energy sector.

Since the creation of the law firm, in the context of social responsibility, we have been supporting various initiatives and culture institutions, such as M. K. Čiurlionis National Museum of Art, Vilnius City Opera, St. Christopher Chamber Orchestra, MO Museum, the Vilna Gaon State Jewish Museum and the Lithuanian Art Centre TARTLE.

Negotiating power and professional competences

  • Barclays Bank, BNP Paribas and HSBC Bank, consulted by the Ellex Valiunas lawyers, carry out for the first time two Lithuanian eurobond issues for the total par value of EUR 1.5 billion.
  • Partner of the law firm, prof. dr. Vytautas Mizaras, is awarded with the Cross of Commander of the Order of the Lithuanian Grand Duke Gediminas for the active provision of free legal assistance on human rights issues.
Importance

Ellex Valiunas is chosen as a reliable partner in Lithuania’s borrowing highly significant amounts in international markets.

Attorney prof. dr. V. Mizaras’ long-term experience in human rights issues and professional and academic competence was highly evaluated in 2021 by appointing this Ellex Valiunas partner as a judge of the Constitutional Court of the Republic of Lithuania.

A year of record transactions

  • Mergermarket recognises Ellex as M&A Advisor of the Year in the Baltics.
  • We participate in adopting a new socially-modelled draft Labour Code.
Importance

It is a year rich in transactions demonstrating the growing potential of the Lithuanian market and its attractiveness to foreign investors. Ellex has received the Mergermarket award as the best legal advisor many times.

The involvement of the Ellex Valiunas partner Ramūnas Petravičius helps draw up a highly relevant today labour code legitimising more flexible employment relationships, which promotes creation of workplaces and a higher competitiveness of the Lithuanian labour market.

Towards the future of innovations

Ellex is recognised as one of top 50 most innovative law firms in Europe based on the results of The Financial Times survey FT Innovative Lawyers Report. The law firm receives this rating three years in succession.

Importance

Innovations we create in our activity demonstrate that the Lithuanian legal market becomes an example to be followed by law firms of other countries. We are the first in the Baltic states to start using the artificial intelligence system Luminance widely applied by global law firms.

Meaningful leadership

  • Managing Partner Rolandas Valiūnas opens TARTLE, a unique Lithuanian art centre, in Vilnius.
  • Launching Ellex Digital, a unique in the legal market project, designed for the synergy between innovative business and law.
  • Representing the start-up Nanoavionika, the only business in the space industry in Lithuania, in becoming a purchase of the US investors.
Importance

The prominent art collection accumulated by the law firm’s partners is opened to the public. Our aim is not only to bring back the Lithuanian cultural and historical heritage to Lithuania, but also make it available to the public. Currently, the TARTLE collection is comprised of over 8 thousand exhibits, placing it among the major private art collections available to the public in Central Europe.

The Ellex Digital project begins with the transformation of the firm’s internal culture, aimed at intensive digitization of daily activities. This project becomes unique and the first innovative movement in Lithuania focused on the legal competence for IT services and law digitisation.

The company Practica Capital sells its all shares in Nanoavionika to AST & Science, the US small satellite producer, and opens new opportunities for the Lithuanian start-up to get a foothold in space.

Perspective in the Baltics

  • Assisting Blackstone in acquiring the main shareholding in Luminor bank of EUR 1 billion.
  • Contributing by our legal services to the establishment of a new plant of Hollister Incorporated in Kaunas.
  • Contributing to the history of the first unicorns in Lithuania.
Importance

The acquisition of The Blackstone Group L.P., the international private capital fund management company, has become the largest transaction on the Lithuanian market during the recent decade.

The entry of the US health product manufacturer represents a major achievement to Lithuania demonstrating that the business environment in our country is favourable to strategic investments.

The Ellex Valiunas lawyers work on three rounds of investment in the start-up Vinted, including the attracted investment of EUR 128 million that help Vinted become the first unicorn in Lithuania. Already in 2022, we successfully represent investors in attracting the investments of USD 100 million to Nord Security that help it become the second unicorn in Lithuania.

Social responsibility without borders

  • Establishment of the Healthcare Institutions Charity Fund Drauge įveiksim.
  • Representation of Lithuania before the EU Court of Justice.
Importance

In order to help manage the global COVID-19 crisis in Lithuania, jointly with business partners and public figures and President Valdas Adamkus, we establish a charity fund which makes a significant contribution in helping healthcare institutions acquire the required equipment and protective measures when they were in short supply worldwide. The total collected amount is more than EUR 723 thousand.

It is the first time when Lithuania initiates a lawsuit before the EU Court of Justice and disputes the regulations and directives adopted by the European Parliament and the Council seeking to remove the unjustifiably differentiated provisions in respect of carriers of different EU countries. The law firm’s lawyers assist in defending the interests of workers employed in transport companies, transport companies and other persons related to carrying goods.

Another year of growing together

The law firm experiences the unprecedented growth – the confidence of clients increases the total number of lawyers up to 110 in the Lithuanian law firm and exceeds 200 in the Baltic countries.

Importance

In the 30 years of activity, Ellex Valiunas has consistently retained its position as a leading business law expert, reputation and excellence required for major national businesses and foreign investors in the Baltics.

Together with Lithuania for 30 years of meaningful leadership!