` Heili Haabu | COBALT

Heili Haabu

Senior Associate / Estonia


Heili Haabu is Senior Associate at COBALT Estonia specialized in company and employment law. She is an experienced expert in both fields.

Heili advises companies in all aspects of managing employment relations, including choice of contract type, immigration matters of foreign employees, use of temporary agency staff, preparation of employment contracts, issues relating to bonus systems, relations with trade unions, occupational health and safety matters, supervisory proceedings of the Labor Inspectorate, community-scale involvement of employees and termination of employment. Heili also prepares service agreements for members of managing bodies and advises companies in different corporate proceedings such as holding meetings, adopting resolutions, mergers, divisions, and reorganizations.

In addition to the above, Heili also advises companies engaging in retail, life sciences, and medicines in compliance issues. Heili assists clients in preparing standard terms and advises clients in issues relating to consumer protection, producer liability, and advertising.


  • The Legal 500, Employment, Rising Star – 2021 / 2022 / 2023 / 2024
  • The Legal 500, Employment, Next Generation Lawyer – 2019


  • Estonian, English

Membership & education

  • Estonian Bar Association (since 2004)
  • MA, University of Tartu, Faculty of Law, Estonia (2003)

    AS Terminal defends its rights in the liquid fuel market regarding violations committed by Olerex

    Mirova invests in Baltic Storage Platform, a joint venture between Corsica Sole and Evecon

    COBALT successfully defends Swedbank in an alleged money laundering criminal case

    The sole owner of Avalanche Laboratory OÜ sold the company to Insuro Technologies

    Via3L Spedition OÜ won in court against firm’s former managers

    VKG sold VKG Elektrivõrgud to Baltcap

    Binalyze raised 19 million dollars in a Series A financing round

    Change Ventures invests in startup Formaloo

    COBALT advised international business group Indutrade on the acquisition of Labema Oy

    HellermannTyton acquires Estonian microduct manufacturing company Höhle

    COBALT advised Bidcorp on acquiring a majority stake in Fruit Xpress OÜ

    COBALT advised 3VC on its investment in start-up Pactum

    COBALT advised the sale of district heating network company VKG Soojus to Gren

    COBALT advised Change Ventures on investment in start-up Modash

    COBALT advises AS PRFoods in selling its Swedish business

    COBALT advised FN-SERVISS on cross-border reorganisation

    COBALT advises MEKO on the acquisition of Koivunen

    COBALT advised IBM on reorganization for separation of Kyndryl regarding Baltic jurisdictions

    COBALT advised Blossom Capital on investment in Aurelia

    COBALT advised Swedbank on evaluating structural changes at the Baltic level

    COBALT advised Biogen on launching its operations in Latvia and Estonia

    COBALT advised AS Ekspress Grupp in connection with option programs

    COBALT advised SEB life insurance undertakings on cross-border merger in the Baltics

    COBALT advised EIB on giving EUR 50 million venture debt facility to Bolt

    COBALT advised STADA Arzneimittel on the acquisition of Walmark

    COBALT advised Luminor, Nordea and DNB on closing transaction with Blackstone

    COBALT advised Tallinna Linnatranspordi AS on launching new bus routes

    COBALT advises AS RAGN-SELLS on OSA project

    COBALT advised shareholders of TMB Group on selling a major part of its business to Consolis

    COBALT advises BaltCap Growth Fund on investing in Pihlakodu chain

    COBALT advised NEXTCLINICS on acquiring F-Est OÜ

    COBALT advised European Investment Bank on EUR 12 million loan to Elcogen

    COBALT advised Luminor on cross-border merger

    COBALT advised European Diversified Infrastructure Fund II on investment in Utilitas, leading private Estonian energy group

    COBALT advised the sale and purchase transaction of Merit Tarkvara to Oslo-based Visma

    COBALT advised Luminor on obtaining ECB approval for cross-border merger in the Baltics

    COBALT advised Port of Tallinn on its IPO and listing on Nasdaq Tallinn Stock Exchange

    COBALT advises HHLA on acquiring Estonia’s biggest terminal operator Transiidikeskuse AS

    COBALT advises Luminor on reorganising its management structure

    COBALT advised Alexela Energia on a transaction with Adven Eesti

    COBALT advised BaltCap on sale of Magnetic MRO

    COBALT advised DNB on the creation of Luminor – largest ever transaction in the Baltic banking market

    COBALT advises on buyout of majority investors in Estonian glulam manufacturer Barrus

    COBALT advised Quattromed HTI Labs on purchase transaction