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A special audit identified deficiencies in the previous management of Eesti Energia AS
We conducted a special audit of Eesti Energia and its subsidiaries, commissioned by the Ministry of Finance. Four areas were analysed, and 37 observations were made. “We monitored the implementation of actions agreed upon in internal audits. To do this, we analysed documents, as well as explanations provided to us separately, and information obtained during […]
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Mustamäe Spa is bringing in new shareholders
We represented Mustamäe Spa during the expansion of its ownership. Since 27 September, a 50% stake in Mustamäe Spa has been held by OT Service, a company owned by the successful racing driver Ott Tänak and his wife Jaanika Tänak. The management rights will remain with the current sole owner, Andres Tiik. OÜ Mustamäe Spa […]
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Trinidad Wiseman sells majority shareholding to Helmes
We assisted Trinidad Wiseman and its shareholders in selling a majority shareholding in Trinidad Wiseman to Helmes. Trinidad Wiseman (TWN) is a service design and digital transformation company that employs more than 100 people and had a turnover of EUR 16.9 million in 2023. The company’s clients include Elisa, SEB Pank, City24, Telia, ERGO, Tallink, […]
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Bird & Bird updates the Baltic sections of its implementation tracker for the EU Whistleblower Directive
We are assisting global law firm Bird & Bird with the completion and updating of their implementation of the EU whistleblowing directive tracker regarding Estonia, Latvia and Lithuania. Our input is focused on giving a concise overview of how the different provisions of the directive have been transposed to national law and what choices Estonia, […]
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Ukrainian company Nova Post opens a branch in Estonia
We advised a Ukrainian company Nova Post on opening their Estonian branch and obtaining a postal license – a rare and special occasion as there is currently only one other valid postal license issued by the Estonian Competition Authority. TOP 20 largest taxpayers in Ukraine Nova Post is a group of companies that provides a full […]