News not to be missed

The insurance company BALTA filed a claim against the Latvian company UNITRUCK, which specializes in truck conversions. BALTA sought damages of nearly EUR 469,000, in addition to statutory default interest, following a truck fire during the warranty period. COBALT’s client,..

The Danish renewable energy developer European Energy has secured EUR 68 million in financing to construct a 148MWp solar farm in Latvia. The financing package comes from a consortium of financial institutions, including the Nordic Investment Bank (NIB), Luminor Bank,..

Stargate Hydrogen, a manufacturer of innovative electrolyser stacks and systems, has successfully completed its Series A funding round, raising EUR 11 million in equity investments from strategic customers and financial investors. Stargate Hydrogen is a leading innovator in the field..

COBALT analyzed the cooperation protocols and supply contracts (Contracts) concluded by the State Forest Management Centre (RMK) in 2001, 2013 and 2014 for the sale of low-quality timber. The National Audit Office found in its report of July 4, 2024,..

Coffee Address Holding SIA, the leading coffee solutions provider in the Baltics, has raised EUR 5 million in a private bond placement to support the Group’s growth strategy, including investments into rolling out food solutions in Baltics and M&A transactions..

Bonds issued by Latvian company Mapon are listed on the Nasdaq Baltic First North Market by Nasdaq Riga. Mapon is the leading fleet management and asset-tracking solution provider in the Baltics and one of the top companies in the industry..

COBALT Law Firm successfully represented the Lithuanian veterinary medicines manufacturer UAB Veta in court in relation to the obligation to pay an annual fee for each marketing authorisation of a registered veterinary medicine, which entered into force in July 2022...

Lidl Latvija SIA has finalized the sale of its newly-built property located at Lapsu street 6 in Riga to VK 47 SIA for 8.315 million euros.  Under the terms of the agreement, Lidl will remain in the building as a..