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Patria opens an armoured vehicle production facility in Latvia
We assisted Patria, a company owned by the Finnish and Norwegian states, an international provider of defence, security and aviation life-cycle support services, technology solutions and pilot training, in opening a new armoured vehicle production facility in Valmiera, Latvia. About project We have been a part of the project from the very beginning, and helped […]
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Defending a level playing field for wind power developers at the Constitutional Court
Our firm is acting for several wind power developers against the Latvian government, which passed a law reserving 10% of state forests for the state-owned Latvenergo to develop wind farms there. The state forests had not been available for any renewables development and the opening of market was viewed favourably by the industry as that […]
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The largest real estate transaction in 2023: Rimi Baltic sells logistical and office centre in Riga
According to the long-term development plans of Rimi parent company ICA Gruppen, as part of the equity transaction Rimi Baltic has sold the central logistical and office premises in Riga, Deglava Street 161, to East Capital Real Estate Fund IV, by concluding a long-term 15-year lease agreement with the new owners. The purchase price of […]
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Spaces brand launch in Latvia
The holding company IWG’s hybrid co-working spaces brand Spaces and the developer of the Zunda Towers have signed an agreement, according to which the holding company IWG’s brand Spaces will occupy three floors with an area of 2,348 square metres in the Zunda Towers high-rise buildings. The premises will be used as hybrid co-working spaces, […]
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Entrepreneurs for Peace ensure installation of windows on the premises of the Ukrainian Society of the Deaf
As a result of the Russian aggression, severe and targeted damage has been caused to critical infrastructure facilities, social infrastructure, and housing in Ukraine. This was also the fate of the Ukrainian Society of the Deaf’s educational and manufacturing company in Chernihiv, which provides jobs for 73 deaf people. By providing support for the preparation […]