News not to be missed

Printify and Printful, two pioneering technology platforms that enable a wide variety of customers to build eCommerce businesses utilizing the power and efficiency of production-on-demand, have today announced that they will merge. The merger will open new prospects for accelerated..

Ovoko, which operates online marketplaces for used car parts, has attracted a new EUR 20 million Phase B venture capital investment. This is the largest investment in the Lithuanian start-up ecosystem this year. The company will use the funds to..

MedDream has successfully completed a strategic transaction and is now part of a group of healthcare IT companies, advised by investor Bregal Unternehmerkapital. After this transaction Practica Venture Capital KŪB successfully exited its investment. This transition allows MedDream to operate..

Affidea Lietuva, a healthcare group owned by the Dutch capital group Affidea Diagnostics, has been cleared by the Competition Council to acquire and assume control of the medical company Synlab Lietuva. The Competition Council has determined that the proposed concentration..

Roche, one of the world’s largest biotechnology companies, has strengthened its Latvian presence by opening a satellite office for Roche Services & Solutions (RSS) EMEA at the Verde complex in Riga. This move signals the company’s commitment to continued investment..

The Estonian start-up, Salv, has become the first company in Latvia to obtain the closed shared Know Your Customer (KYC) utility service provider licence from the Data State Inspectorate of Latvia. According to Latvian law, within the framework of a..

COBALT has successfully represented one of the largest retailers in Latvia in court proceedings in an employment dispute where a former employee of the company alleged discrimination. The employee’s claim was fully dismissed and the court’s judgment is final. During..

COBALT is an exclusive Latvian partner of Fragomen LLP, a global UK headquartered service provider specializing in corporate immigration services. COBALT regularly provides Latvian law advice on matters related to arrangements for obtaining of residence/work permits for employees of various..