We advised Česká spořitelna, a.s., the largest Czech bank, on providing financing to Rīgas satiksme, the main public transport provider in Riga, to acquire 20 new low-floor trams, that will improve transport accessibility for elderly people passengers with children, and people with movement disorders, and in general increase the number of passengers on environmentally friendly public transport.
Our assistance and team
We provided advice on local law matters in relation to financing, as well as assistance on establishing the collaterals in relation to the relevant financing transaction.
Our team consisted of partner Rūdolfs Eņģelis, and senior associates Inese Heinacka and Zanda Frišfelde.