Deadline approaching for filing annual reports with the State Revenue Service (SRS). The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file with the SRS an annual report ‒ approved by the shareholders’ meeting ‒ no later than one month after approval and no later than four months after the […]
We assisted pharmaceutical company Oribalt in concluding a logistics terminal development and lease contract with Baltic Sea Properties. Norwegian real estate investment company Baltic Sea Properties will develop a property with a total area of 6,500 m2 designed for Oribalt needs. Long-term lease Baltic Sea Properties and Oribalt signed a long-term lease contract. Baltic Sea […]
Publication / Raivo Raudzeps
Amendments to the Public Procurement Law came into force on 13 March. The main changes to be noted: Exceptions to application of the procurement procedure In Section 5, the amendments provide an exemption from the statutory procurement procedure for the following services, if the contract price under the procurement contract is less than 144,000 EUR: expert […]
Publication / Raivo Raudzeps
Vēlamies Jūs informēt, ka šī gada 13. martā stājās spēkā grozījumi Publisko iepirkumu likumā. Galvenās izmaiņas, uz kurām gribam vērst Jūsu uzmanību: Iepirkumu procedūru piemērošanas izņēmumi Grozījumi 5. pantā atļauj likumā noteiktās iepirkuma procedūras nepiemērot šādu pakalpojumu iepirkšanai, ja iepirkuma līguma paredzamā līgumcena ir mazāka par 144 000 EUR: – ekspertu sniegtiem pakalpojumiem ekspertu grupā augstskolas vai […]
Sorainen advised Linna Ekraanid on the sale of the remaining 50% of its shares to Ekspress Grupp. In 2016 Sorainen advised Kindel Reklaam, Unicorpo and Trend on the sale of their 50% shareholding in Linna Ekraanid to Ekspress Grupp. The purpose of the first acquisition was to create preconditions for Ekspress Grupp to set off […]