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2024 - 03 - 19
Nord Terminal AS has become the sole owner of Nord Terminals Kotka Oy by acquiring an additional stake from the company’s minority shareholders. Nord Terminal AS offers its customers various logistics solutions for handling oil products in several Northern European..
2024 - 03 - 19
Citi Ventures made a strategic investment in Modular Technologies OÜ (TUUM), following recent Series B financing round in TUUM. TUUM, founded in 2019 Estonia, is a next-generation core banking platform. It underpins the aims of both regulated banks and other..
2024 - 03 - 18
Estonian Ornithological Society contested the decision of the Environmental Board to grant OÜ Hiiu Turvas a permit to extract peat in the Elbu bog, which is a part of Lavassaare wetland area. In its recent judgement, the Supreme Court of..
2024 - 03 - 14
Following the recent publication of the Global Chambers rankings, we are delighted to announce that we have once again been listed amongst the leading law firms in the newly released Chambers Europe Guide 2024. An impressive 18 of our practice..
2024 - 03 - 14
MMC Ventures invested in Estonian cybersecurity software startup BotGuard. BotGuard secured 12 million euros in the Series A funding round. The round was led by MMC Ventures. Existing investors Tera Ventures and Expeditions Fund also participated in the investment round,..
2024 - 03 - 12
The claimant, Compensa Vienna Insurance Group ADB (“Compensa”), brought legal proceedings against COBALT’s client, Gjensidige ADB’s Latvian branch (“Gjensidige”), seeking to recover damages for lost profits amounting to nearly EUR 261,000. This sum represents an insurance claim paid by Compensa..
2024 - 03 - 11
The leading fleet management provider in Northern Europe, Mapon AS has completed its EUR 3 million bond issue. The bond issue attracted strong investor interest, with total demand exceeding the issue size by 3 times, and orders were received from..
2024 - 03 - 08
On 9 February 2024, the Administrative District Court ruled in favour of the German company BAUER Spezialtiefbau GmbH in case No A420160223 ordering the State Revenue Service of Latvia to refund the value added tax of over EUR 187,800. The dispute..