News not to be missed

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..

The Polish deep tech investment fund Radix Ventures has invested EUR 1.5 million in Naco Technologies, a Latvian leader in advanced nano-coating solutions for green energy systems. This funding is part of a larger pre-Series A round totaling EUR 2.5..

Leading Latvian healthcare software companies, Meditec AB SIA, developer of the “Ārsta Birojs” healthcare information system and Medicloud SIA, owner of the “eVeselībasPunkts.lv” e-health patient portal, have been acquired by the Everfield fund. This strategic move strengthens Everfield’s commitment to..

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..

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 Latvian start-up Verifeye Online, an identity verification platform specialising in the facilitation of remote customer onboarding for financial institutions and banks, has secured investment from New Nordic Ventures. Verifeye Online, established in Riga, has developed a platform enabling European..

COBALT has successfully represented gambling company Olympic Casino Latvia SIA in legal proceedings against Riga City Council contesting the provision that prohibited to organise gambling and to provide the corresponding gambling services across the entire administrative territory of Riga, except..

A court ruling has entered into force, dismissing a lawsuit against the Baltic Center for Investigative Journalism Re:Baltica for the retraction of false defamatory news, the deletion of a photo and an apology. The case concerned a lawsuit in connection..