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On 1 August 2025, the Application Review Commission of the Procurement Monitoring Bureau (PMB) found that the specialist requirements in the open tender organised by the Supreme Court, “Development of software for the information system “AT searcher”” (“Informācijas sistēmas “AT meklētājs” programmatūras izstrāde”), were excessive and restrictive to competition. This is the first IUB decision […]
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We advised the car washing and premises cleaning service company PRO BRO Group on the sale of the “Švaros broliai” car cleaning centres to the investment company Seal Group. This step will allow PRO BRO Group to allocate its resources on the further expansion of its express tunnel car washes. The successfully sold cleaning centres […]
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Legal assistant Viktorija Markovaite and trainee Ugnė Kačergytė compiled the material. Environment Commission introduces voluntary sustainability reporting standard for SMEs Published: 31 July 2025 The European Commission has adopted a Recommendation introducing a voluntary sustainability reporting standard for SMEs (VSME). This standard, developed by EFRAG, the Commission’s technical advisory body for sustainability reporting, aims to […]
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Deals & Cases / Rūdolfs Eņģelis, Inese Heinacka, Jorens Jaunozols, Natālija Grāvele, Renāte Purvinska, Zanda Frišfelde, Kamilla Alma Vilderson, Oliver Ämarik, Mārtiņš Rudzītis, Elizabete Madara Titova, Kate Berlaua, Jūlija Triščuka, Gabriela Mora Petroviča, Evija Velvele, Martina Ķierpe, Herta Cēsniece, Mariuss Raits Bergmanis
We advised Sunly, a renewable energy producer, on securing a loan of almost EUR 85 million from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to build four solar parks in Latvia with a total capacity of 329 megawatts (MW) – enough to meet the annual electricity consumption of up […]
