News not to be missed

Redwire Corporation, a global leader in aerospace and defense technology solutions, has completed its acquisition of Edge Autonomy Intermediate Holdings LLC together with its subsidiaries, a leading provider of field-proven uncrewed airborne system technology. The transaction value amounted to USD..

Riga Regional Court has announced a favorable verdict for GEO PRO SIA in the case against Daugavpils satiksme SIA (municipal capital company) for copyright infringement and recovery of material compensation. During the legal proceedings, COBALT managed to prove that by..

In late 2024, officials from the Latvian State Revenue Service Customs Board discovered counterfeit optical sights from the Swedish company Aimpoint Aktiebolag at the airport customs checkpoint, instead of the declared toy accessories in a courier parcel from Hong Kong...

The Riga City Court has dismissed the application brought by SIA Baltijas Informācijas Tehnoloģijas, which sought to establish a legal fact exempting the applicant from the obligation to pay a data carrier levy to the Copyright and Communication Consulting Agency..

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..

The Polish deep tech investment fund Radix Ventures has invested EUR 1.5 million in Naco Technologies, a Latvian leader in advanced nano-coating solutions for green energy systems. This funding is part of a larger pre-Series A round totaling EUR 2.5..

Bayer is actively defending its patent for rivaroxaban (Xarelto™) in Latvia in response to challenges from several generic pharmaceutical companies. The patent revocation proceedings in Latvia are part of broader legal actions spanning multiple European jurisdictions. Rivaroxaban is the active..

Publisher Skolas Vārds manages the educational platform www.skolasvards.lv, offering informational and methodological support for Latvian schools and preschools, which includes: 6 different periodic educational e-publications; Comprehensive collections of teaching and methodological materials for schools and preschools; Professional development courses and..