News not to be missed

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..

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..

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..

COBALT advised Nutricia on Danone intra-group restructuring in Latvia, incorporating Danone SIA into Nutricia SIA. COBALT provided full legal support in the merger process, including the preparation and execution of the merger plan, covering corporate governance, employment law, tax and..

COBALT has successfully represented Food Union group company Rīgas Piena kombināts AS in a court dispute against its former employee regarding invalidation of termination notice and recovery of unpaid wages. After the employee was dismissed on the grounds of misconduct,..

COBALT in cooperation with international law firm Cooley LPP advised Syneos Health on acquisition of a leading Latvian full-service contract research company AmberCRO and its subsidiaries in Armenia and Georgia. AmberCRO is a full-service contract research organization, that was established..

International Business Machines Corporation (IBM) has completed the global separation and reorganization of its managed infrastructure services business to Kyndryl across more than 65 jurisdictions worldwide including the Baltic States. IBM will retain 19.9% of the shares of Kyndryl common..