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Vinge Included in International Business Deal

February 11, 2008

Vinge advises EQT on transfer of the Finnish Finn-Power Group to Prima Industries, listed in Italy. The transfer was resolved according to UK law. By the acquisition of the
Finn-Power Group Prima Industries will reach 50 countries which in turn will make Prima Industries the third largest producer of laser machines in the world. The group’s annual revenues are calculated to reach an estimated value of EUR 400 million.    

Cleary Gottlieb Steen & Hamilton represented the buyer and the Italian law firm Tosetto Weigmann e Associati handled the financing. Clifford Chance represented the Italian banks that financed the transfer and in addition to this assistance also came from the Finnish law firms Roschier, Hannes Snellman and Castrén & Snellman.   
 
Vinge’s team was co-ordinated by Anders Åberg and Tuula Tallavaara joined by James Hope, Petter Kjöllerström and Jenny Henriksson.

Renewable energy – The Council agrees on a temporary emergency regulation

In the beginning of November, the European Commission put forward a proposal regarding a framework to accelerate the deployment of renewable energy, with the ambition to speed up the transition to green energy and reduce the EU’s dependency on Russian fossil fuels. In line with the conclusions of the European Council at the end of October, the European Commission considers that the ongoing energy crisis requires immediate action to transpose parts of the REPowerEU plan, and therefore proposes to adopt a Council Regulation using Article 122(1) of the Treaty of the Functioning of the European Union (TFEU) as legal basis.
December 06, 2022

REPowerEU – The European Parliament and the Council have assumed their standpoints

In May 2022, the Commission presented its proposal regarding REPowerEU. The purpose of the plan, which is based on the "Fit for 55" parcel , is to change Europe’s energy system by eliminating the EU’s dependency on Russian fossil fuels as well as to tackle the climate crisis. The European Parliament and the Council have now adopted their positions in order to incorporate the plan into the national recovery and resilience plans.
November 29, 2022

Vinge authors the Swedish contribution regarding tax disputes for The Legal 500

 International companies run the risk of the erroneous management of tax issues when conducting operations in several jurisdictions. In such event, disputes can arise with the relevant tax authorities. The Legal 500 has now introduced a dedicated chapter on tax disputes in its comparative guide for the first time and Ulrika Bengtsson, advokat and counsel, has been selected to provide a clear picture of the Swedish tax litigation system.
November 09, 2022

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