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Eltel has sold its business operations in Latvia in a management buy-out whereby Jurijs Kokoreviès (District Manager at Eltel) acquired 100% of the shares in Eltel Networks. Eltel is a leading Northern European provider of technical services for critical infrastructure networks – Infranets – in the segments of power, communication and other. Company’s operations spread […]
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Eurovia – a subsidiary of VINCI, a world leader in transport infrastructure construction and urban development, operating in 15 countries and with 38,000 employees – has acquired 68.75% shares in Saldus ceïinieks, a leading Latvian builder of road infrastructure. Saldus ceïinieks, established in 1991, specialises in road construction, extraction of aggregates and asphalt production. The […]
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German investor Ralf Dieter Montag-Girmes has sold his stake in Latvia’s national carrier airBaltic to Danish entrepreneur Lars Thuesen. Latvian Prime Minister Mâris Kuèinskis commented that all the latest developments in airBaltic have been taking place in order to strengthen the company. In 2015, Mr Montag-Girmes acquired 20% of the Latvian airline’s shares for an […]
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Kogemus / Eva Berlaus, Toms Vilnis
Sorainen Latvia assisted Primekss, one of the most innovative Latvian companies in the building industry, with corporate reorganisation of two of its group companies in Latvia, with an aim to optimise the group set up. Partner Eva Berlaus and associate Toms Vilnis worked on this assignment. Primekss is a concrete producer from Latvia that has become one of the […]
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SORAINEN assists Oberthur Technologies Latvia in various employment law matters, including updating of employment contracts, drafting employment termination documents and representing the company in court against a former employee’s claim for payment of compensation for complying with an alleged non-compete obligation after termination of employment. Oberthur Technologies is a French secure technology company, providing digital […]