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RIX Riga Airport launches the next stage of its passenger terminal expansion project
We advised RIX Riga Airport on the new passenger terminal expansion project, which included assistance in preparing the contracts for construction and engineering services, including negotiations with the contractor, as well as with the financing arrangements, including negotiations with the European Bank for Reconstruction and Development, Nordic Investment Bank and OP Corporate Bank. About the […]
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Linstow commences SPORTA 2 development
Leading real estate developer Linstow Baltic has signed a construction contract with one of Latvia’s largest construction companies, UPB Nams, officially marking the beginning of one of the most ambitious and anticipated mixed-use urban development projects in the Baltics – development of Sporta 2 quarter. The planned investment into the first phase development will reach 50 million euros and will […]
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Advising SEB on the cross-border merger of its Baltic banks
We are advising SEB on the cross-border merger of its existing Baltic banks. It will be carried out by a side-step merger, whereby the Latvian and Lithuanian banks will be merged into the Estonian bank. Following this, the Estonian bank will operate in Latvia and Lithuania through branches established during the merger. Strengthening SEB’s financing […]
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TWINO Investments Gains Approval Under MiCA to Offer Crypto Asset Services
Our client, TWINO Investments, has successfully obtained an authorisation to provide crypto asset services under the Markets in Crypto-Assets Regulation (MiCA). TWINO was among the first Latvian fintech companies to introduce innovative investment services and is now taking a significant step forward by expanding into regulated crypto-asset services. To enable this expansion, TWINO completed the […]
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Rail Baltica EUR 1.77 billion electrification contract signed
Rail Baltica will electrify 870 km of railway and 2,403 km of track across Estonia, Latvia and Lithuania, making it the most extensive railway electrification project in Europe and one of the biggest worldwide. It will also pioneer the large-scale use of Static Frequency Converter (SFC) technology combined with 2x25kV in a 50 Hz system, […]