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Tallinn launches major city‑wide EV charging infrastructure tender
We advised the city of Tallinn on the structuring and implementation of a large-scale public procurement for the development of new public electric‑vehicle (EV) charging infrastructure across the city. A public procurement contract with an estimated total value of more than EUR 170 million has been issued to seek developers and service providers for public […]
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Sorainen expands tax practice, strengthening its leading position in the Baltics
Law firm Sorainen continues strengthening its position as the leading tax law expert in the Baltics by welcoming four experienced tax law professionals to its team: two partners, one senior associate and one associate. The new team members significantly enhance Sorainen’s tax expertise in Lithuania and further strengthen the already largest tax capability in the […]
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Latvia: News on filing annual reports and other issues
Deadline for filing annual reports approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting and auditor’s statement on the annual report (for companies that meet the criteria listed in law, as well as companies whose articles of association or shareholders’ […]
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Mainor Ülemiste successfully conducted a bond offering
We advised Mainor Ülemiste on preparing a bond programme for selected investors and on the issuance of up to 8,000 bonds. As a result of the offering, the developer of Ülemiste City, the largest innovation‑focused business campus in the Baltics, raised EUR 9.6 million. The funds raised were partially used for the early redemption of […]
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Estonia’s defence industry expands into explosives production
We are advising the state‑founded explosives manufacturer Hexest Materials on the involvement of a strategic investor. The company, established last summer, plans to build a military explosives plant in Estonia. This will help reduce the shortage of explosives in Europe’s defence industry, strengthen Estonia’s defence sector and defence capabilities, and stimulate the Estonian economy. The […]