News not to be missed

COBALT is proud to announce that our offices in Estonia, Latvia, and Lithuania have joined the Campaign for Greener Arbitrations (CGA) by signing the Green Pledge, committing to reduce the environmental impact of our arbitration practice. The CGA is an..

COBALT advised the technology company MuRayTech on concluding agreements between founders and raising capital. MuRayTech’s founders are physicists and deep-tech entrepreneurs Andi Hektor and Kristjan Põder. The company operates in Tallinn, Hamburg, and Cambridge. MuRayTech brings together expertise in lasers,..

Global Communications Infrastructure LLC, backed by Manulife Investment Management – which provides global investment services, financial advice, and retirement plan solutions to 19 million individuals – has successfully entered into a 50/50 partnership with Tele2 to carve out telecom infrastructure..

Latvia is set to get more clean energy as a result of almost EUR 85 million in international financing for renewable-electricity provider Sunly. Estonia-based Sunly will use the loans from the European Investment Bank (EIB), the European Bank for Reconstruction..

Lithuanian investment fund Practica Venture Capital III KŪB has invested EUR 2,4 million in Handwave, a Latvian biometrics and fintech company that specialises in developing user-friendly and secure authentication and payment systems through the use of palm-scan technology. This funding..

With the new AML regulation, the EU is taking a significant step in the fight against financial crime. Its implementation promises substantial benefits, and while it presents certain adaptation challenges, the financial sector is moving towards a more effective approach..

Repsol’s venture capital fund, listed on the Spanish stock exchange, has acquired a minority stake in Stargate Hydrogen to strengthen the Estonian company’s position as an international technology leader and boost its competitiveness in the global renewable hydrogen sector. Stargate..

The Tax and Customs Police Department of the State Revenue Service has adopted a decision to terminate criminal proceedings concerning an alleged violation of European Union sanctions, concluding that COBALT’s client has not committed a criminal offence. Following the termination..