Cobalt has advised AS Alexela Varahaldus on an unspecified investment by the Wartsila Corporation into the Hamina LNG terminal.
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Category Archives: Estonia
TGS Baltic has advised EstateGuru, an Estonian property p2p lending marketplace, on the establishment of its first institutional credit line with Germany’s Varengold Bank AG. The bank was represented by Eversheds Sutherland.
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Cobalt has advised Estonian-based asset management service provider AS Kawe Kapital on obtaining an activity license to operate as an investment firm from the Estonian Financial Supervision Authority. The license gives AS Kawe Kapital the right to mana…
The European Commission has just published its comprehensive proposal for the so-called “New Deal for Consumers”, which aims to strengthen EU consumer rights and enforcement. This includes the proposal for a new Directive enabling certain qualified ent…
Sorainen Estonia has advised Estonian electricity and gas transmission system operator Elering on in its EUR 225 million Eurobond issue. The bond matures in 2023, pays an annual coupon of 0.875%, and will be listed on the London Stock Exchange.
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TGS Baltic has assisted Cryptus in obtaining virtual currency handling authorization from Estonia’s Financial Intelligence Unit to provide services exchanging a virtual currency against a flat currency as well as virtual currency wallet services.
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TGS Baltic has advised Swedish company Bergs Timber on its acquisition of Vika Wood and Byko-lat (Latvia), EWP AS and Laesti AS (Estonia), and Norvik Shipping (United Kingdom) from Icelandic Norvik hf.
Sorainen has advised Baltic Horizon Fund, managed by Northern Horizon Capital, on its issuance of EUR 30 million in five-year unsecured bonds.
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Njord, working with Finland’s Applex Attorneys, has advised AQ Group AB on its acquisition of 100% of the shares of Mecanova Oy, from Nivala, Finland, and its Mecanova OU subsidiary in Parnu, Estonia. JV Lakiasiat advised the Mecanova shareholders on the sale.
Njord’s Estonian office has assisted Kopikas Entertainment OU with obtaining an operating permit for organizing remote gambling.
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