` Elijus Burgis | COBALT

Elijus Burgis

Partner / Lithuania


Elijus Burgis is a Partner and Head of the firm’s Corporate Transactions Department. He has more than 20 years of experience in advising on different M&A, banking, project finance and competition law matters. International law directories have ranked him among the leading Lithuanian experts in M&A, Banking and Competition law. Elijus Burgis holds a Law degree from Vilnius University, Lithuania and a Master of European Law degree from Stockholm University, Sweden.

During the years of his practice Mr Burgis has been an adviser in a number of the largest M&A transactions and financing projects in Lithuania and has also advised clients on various matters related to corporate, banking and finance, securities and competition law.


  • Banking and finance – Band 3, Chambers 2020
  • Competition/Antitrust – Band 3, Chambers 2020
  • Corporate/Commercial – Band 2, Chambers Global 2023
  • Banking and finance – Highly regarded, IFLR1000 2022
  • Competition – Highly regarded, IFLR1000 2020
  • M&A – Highly regarded, IFLR1000 2022
  • Project finance – Highly regarded, IFLR1000 2020
  • Corporate and M&A – Hall of fame, Legal500 2022
  • Corporate/Commercial – Band 2, Chambers Europe 2023


  • Lithuanian, English, Russian

Membership & education

  • Member of the International Bar Association (IBA) (since 2009)
  • Member of the Lithuanian Bar Association (since 2002)
  • Since 2002 Member of the European Young Bar Association, President (2005-2006)
  • Since 2000 Member of the Lithuanian Young Bar Association, President (2004-2009)
  • Faculty of Law, Stockholm University, Sweden (Master of European Law) (2001)
  • Faculty of Law, Vilnius University, Lithuania (Law degree) (1999)

    Latvian Arbo Windows acquires Lithuanian Arlanga Wood

    Managers of 15min group take over 100% control of UAB 15min shares

    Euronics acquired the Lithuanian retail chain Avitelos Prekyba

    E energija finished the sale of an onshore wind project with a capacity of up to 300 MW

    E energija sells the largest wind park to Ignitis renewables

    COBALT advised E energija on the sale of the largest wind farm in the Baltic States

    COBALT advised AB “Lietuvos radijo ir televizijos centras” (LRTC)

    COBALT advised BEWI on closing of the BalPol acquisition

    COBALT advised Asgaard Oriens on its investment into one of the largest vertical farms in Europe

    COBALT advised AURELIUS on acquisition of McKesson UK

    COBALT represented MediCA Group in the largest healthcare clinic merger in Lithuania

    COBALT advised Newsec on its acquisition of the BPT Real Estate group

    COBALT advised ME Investicija on its investment in logistics technology startup project44

    COBALT advised Resource Partners in acquisition of Deeper

    COBALT advised Aktiva Finants on acquiring Viena sąskaita

    COBALT advised Drivitty on entering into strategic partnership with EUROWAG

    COBALT advised Mid Europa Partners on acquisition of leading Baltics e-commerce platforms

    COBALT advised BaltCap on acquiring Baltic Ticket Holdings

    COBALT advised Repharm on the acquisition of clinics and their merger with the InMedica clinic network

    COBALT advised INVL Baltic Sea Growth Fund on investing in MBL Group

    COBALT represents banks syndicate in providing EUR 86m loan for the development of UAB Vakarų medienos grupė

    COBALT represented AB Lietuvos radijo ir televizijos centras (Telecentras) in the sale of Mezon business

    COBALT advised Genopas B.V. and Nunica Holdings B.V. on the sale of UAB Pusbroliai

    COBALT advised the shareholder of UAB Kuncų ambulatorinė klinika on the sale of its shares to Affidea group

    COBALT advised Avitelos prekyba in the acquisition of GV Group which operates Elektromarkt stores

    COBALT advised the shareholders of Danpower Baltic on the sale of 90% of their shares to Idex

    COBALT advised Practica Capital on its investment in Oxipit

    COBALT represented the shareholders of UAB Vėjų spektras in the sale of its shares to the Swiss investment fund Quaero European Infrastructure Fund

    COBALT advised Alna Group companies on the sale of a stake in its holding company to a fund managed by UAB Orion Asset Management

    COBALT advises Resolution Holdings on the acquisition of Luminor būstas

    COBALT represents SEB bank in allocating EUR 80 million financing for the development of Klaipėdos Smeltė

    COBALT represented BaltCap Fund in its acquisition of 100% of shares in Pardavimo automatai

    COBALT advised Practica Capital on the launch of new venture capital fund Practica Capital Venture II

    COBALT has successfully defended the interests of the Luxembourg-based bank East West United Bank S.A. in a EUR 44 million claim

    COBALT represents INVL Baltic Sea Growth Fund in its indirect acquisition of the InMedica chain of medical clinics

    COBALT is consulting Stemma Group, UAB on the sale of shares in two subsidiaries to Lietuvos energija, UAB

    COBALT successfully defended the German energy company Danpower in an extraordinary case against the Ministry of Energy

    COBALT is advising UAB Lords LB Asset Management on the merger of UAB Parkdema and UAB Unipark

    COBALT advised UAB Gaudrė on the sale of 100% of the shares to the global concern Würth Group

    COBALT advised Otravo on the acquisition of UAB Interneto partneris

    COBALT obtains a fine reduction for UAB Ministerium by more than a half

    COBALT is advising UAB Media bitės on the acquisition of UAB Žurnalų leidybos grupė

    COBALT advises Livonia Partners on the acquisition of Cgates

    COBALT advised Lords LB Special Fund III on its acquisition of UAB Vilniaus miesto projektai

    COBALT advised Energy and Infrastructure SME Fund on the acquisition of UAB Čiurlionio tiltas

    COBALT advised AB Amilina on the acquisition of shares in AB Lignoterma

    COBALT advised UAB Amberwind in connection with the development of the largest wind park in the Baltics

    COBALT advised Practica Venture Capital on its investment in UAB Softneta

    COBALT advised Practica Venture Capital in granting a loan to UAB East West Agro

    COBALT advised GECO Investicijos on competition law matters

    COBALT assists Viking Malt Oy in a merger clearance procedure

    COBALT advised Nets on its acquisition of Nordea Merchant Acquiring for EUR 230 million

    COBALT advises UAB 3 RILL on the acquisition of shares in UAB Putokšnis

    COBALT advises Mid Europa Partners on its sale of Bite

    COBALT advises BaltCap in acquiring Baltic operations of financial automation company OpusCapita

    COBALT acted for a syndicate of banks in a major financing transaction with AS Graanul Invest

    COBALT represented Amberwind in the acquisition by Kamineros grupe of joint control in the company

    COBALT advised UAB Kelprojektas on the acquisition of controlling interest in UAB Kelvista

    COBALT advised UAB EPSO-G on the acquisition of shares in AB Amber Grid from E.ON Ruhrgas International

    COBALT advised UAB LTk capital and UAB G Capital on the sale of 100% interest in UAB Kruzas Nordic Cosmetics Distribution

    COBALT advised UAB Future Retail on attracting financing from a venture capital investor

    COBALT advised UAB Kelprojektas, controlled by BaltCap, on the acquisition of controlling interest in UAB Urbanistika

    COBALT advised Small Planet Airlines‘ executives on the acquisition of shares in the company

    COBALT contributed to the establishment of two Practica Capital funds

    COBALT represented creditors of bank Snoras in relation to an investment dispute against the Lithuanian government

    COBALT successfully assisted in the dairy cartel case

    We are driven by your recognition

    Elijus Burgis has extensive experience in advising clients on transactions from a number of sectors including banking and energy. Interviewees praise him for his in-depth M&A expertise.
    Chambers Global 2020, Corporate / Commercial
    Elijus Burgis advises clients from a number of industries on transactional and investment work. Observers appreciate his knowledge of the sector and his negotiating skills, with one source noting that he "remains calm" and "maintains a good tone" throughout the process.
    Chambers Europe 2019, Corporate / Commercial
    Elijus Burgis is a versatile practitioner, frequently assisting clients with merger control matters. Clients are impressed by his "business understanding and advice." He assisted Lords LB Asset Management with merger clearance pertaining to its acquisition of Unipark.
    Chambers Europe 2019, Competition / Antitrust
    Head of the corporate transactions department Elijus Burgis assists clients with financing transactions and securities matters. Clients note his dedication and diligence.
    Chambers Europe 2019, Banking & Finance