OREANDA-NEWS. August 16, 2011. SORAINEN Lithuania advised Western Union, a leader in global money movement and payment services, on establishment and subsequent expansion of a global services centre in Lithuania. This was the first project where a shared services centre of such size was established in Lithuania and it is regarded as one of the most notable foreign direct investment projects in Lithuania during 2010-2011, reported the press-centre of SORAINEN.

Among other issues, we represented Western Union in negotiations with the Lithuanian Government regarding an investment agreement (the second investment agreement during the last ten years) and incentive package, as well as advising on various corporate, commercial, employment, tax, real estate and other issues related to establishing the centre.

Following successful launch of the centre at the end of 2010 (it employed over 400 employees after the first six months of operations), we have also been advising Western Union on a contemplated expansion project which would result in substantial increase of the centre's staff and operations in Lithuania.

Our team in this project was led by partner Laimonas Skibarka and senior associate Liudas Ramanauskas.