OREANDA-NEWS. September 08, 2014. Flazm Interactive Entertainment was officially registered in Lithuania on 1 July, with its founder and managing director Alexey Davydov and his team planning to move from Russia to Vilnius in the near future.

The company, which has so far been developing minor flash games, will work on improving its first major project in Vilnius – the strategy game for PCs Train Valley.

Flazm became the seventh IT company to announce plans to move to Lithuania over the last six months.

SORAINEN has provided full legal assistance in the preparatory work for setting up the company and the process of establishing the company, and continues advising the company on tax, migration and other issues.

The SORAINEN team in this project is led by partner Algirdas Peksys and senior associate Saule Dagilyte.