Our senior associates Olivia Kranich (Estonia) and Stasys Drazdauskas (Lithuania), and associate Lūcija Strauta (Latvia), contributed to the project led by the international law firm Bird & Bird partner Pawel Lipski by providing an overview of the implementation of the DSM directive (Directive (EU) 2019/790 of the European Parliament and of the Council of 17 […]
We advised Technopolis in signing and completing the agreement to sell the Technopolis Ozas business campus in Vilnius, Lithuania, to the real estate fund Baltic Opportunity, managed by Lords LB Asset Management. The transaction was completed following the approval of the Competition Council, after which Technopolis Ozas became the property of the fund managed by Lords LB Asset […]
The Ministry of Economic Affairs and Communications contracted us to analyse Estonia’s administrative procedures and make proposals to streamline the relevant processes. The analysis, titled “Streamlining Investment Procedures (for New Businesses and Establishments)”, examines the possibilities of creating a “green corridor” to encourage high value-added investment by cutting red tape and shortening the time required […]
Legislative news and ESG initiatives in Estonia, Latvia, Lithuania Status of the corporate sustainability reporting directive’s transposition into local laws In Estonia, the draft law transposing the CSRD was published on 23 February 2024 and is currently waiting for approval from ministries. It is expected to come into force on 6 July 2024. The draft […]
We were happy about the opportunity to assist Viatris, a global healthcare company, in the implementation of structural changes to its business in the Baltics. Structural changes to Viatris companies in Latvia involved share capital reduction, dividend payments and simplification of the group structure through mergers. The project also involved name changes for some of […]
