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Legal assistants Povilas Virbašius and Viktorija Markovaite compiled the material. Competition & Regulatory | Energy & Infrastructure New State Aid Framework to Support Clean Industrial Transition Update: 25 June 2025 The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a new State aid framework aimed at accelerating the EU’s shift toward clean energy, […]
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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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We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s wood supply and […]
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We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
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We advised a leading trading company in a difficult corporate fraud case, where it was discovered that a board member had, over an extended period, been misappropriating company funds. Our involvement and team We led the internal investigation, identified the extent of the losses, and developed a legal strategy to resolve the situation. We provided […]