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Court Overturns Record Cartel Fines in Lithuania
We represented Gintarinė vaistinė and Limedika in a major antitrust case—the largest in Lithuania’s history. These pharmaceutical companies were fined over EUR 25 million by the Lithuanian Competition Council (LCC) for allegedly coordinating with competitors while lobbying. The LCC claimed they submitted data to the Ministry of Health that influenced the Ministry’s decision to approve […]
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Enhancing military decoy innovation with pro bono legal support
As part of last year’s Shared Mission project, we provided pro bono legal assistance to MILDEC PRO, an innovative defence industry company. The aim was to structure MILDEC PRO for investment and public procurement. MILDEC PRO focuses on producing lightweight, convincing and easily deployable military decoys for high-value targets. The use of military decoys is […]
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“EIKA Group” acquires a company holding a strategic site in Visoriai – over 500 new apartments planned
We advised “EIKA Group” on the acquisition of the shares in a company that owns a building complex located at Visorių St. 20 in Vilnius. The site is intended for the development of a residential project meeting A++ energy efficiency standards. The project will be implemented in several stages, with more than 500 apartments planned […]
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OC VISION completes debut bond issue
OC VISION, the largest vision care company in the Baltics, has successfully raised EUR 10 million through its first public bond offering with a fixed annual coupon rate of 6%. Total demand for the secured bonds reached EUR 13.1 million, oversubscribed by more than 130%. About the bond offering The offering attracted interest from both […]
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Shareholders of Latvian ammunition manufacturer Ammunity signs agreement on sale of shares to Scandinavian Astor Group AB
We advised the shareholders of Ammunity, a Latvian small-calibre ammunition manufacturer, in connection with the agreement to sell 100% of the company’s shares to Scandinavian Astor Group AB, a Swedish defence and security company that will become a strategic investor in Ammunity. This acquisition marks an important step in the growth of Latvia’s defence industry […]