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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 […]
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European Legal update: 25.03.-07.04.2026
Assistant lawyer Eliza Belova complied the material. Defence, trade & consumer goods EU and Australia conclude Security & Defence Partnership and reach free trade agreement Published: 24 March 2026 The EU and Australia have announced a new Security and Defence Partnership and finalised negotiations on an ambitious, balanced EU-Australia free trade agreement (FTA), marking a […]
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Prisma’s Peremarket stores operating in Estonia to be sold to Coop
We advised the Finnish retail group SOK on the sale of Prisma Peremarket and its 13 stores in Estonia to Coop Eesti Keskühistu. The transaction represents one of the largest domestic consolidations in the retail sector in Estonia’s history. As a result of the transaction, the Prisma stores operating in Estonia will become Coop stores, […]