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German investor Ralf Dieter Montag-Girmes has sold his stake in Latvia’s national carrier airBaltic to Danish entrepreneur Lars Thuesen. Latvian Prime Minister Mâris Kuèinskis commented that all the latest developments in airBaltic have been taking place in order to strengthen the company. In 2015, Mr Montag-Girmes acquired 20% of the Latvian airline’s shares for an […]
Sorainen Latvia assisted Primekss, one of the most innovative Latvian companies in the building industry, with corporate reorganisation of two of its group companies in Latvia, with an aim to optimise the group set up. Partner Eva Berlaus and associate Toms Vilnis worked on this assignment. Primekss is a concrete producer from Latvia that has become one of the […]
SORAINEN assists Oberthur Technologies Latvia in various employment law matters, including updating of employment contracts, drafting employment termination documents and representing the company in court against a former employee’s claim for payment of compensation for complying with an alleged non-compete obligation after termination of employment. Oberthur Technologies is a French secure technology company, providing digital […]
SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
SORAINEN Latvia is advising Storent on everyday employment matters, including employment termination, employment of management board members, as well as reviewing and updating the client’s internal policies and regulations. Storent is a leading construction and industrial equipment rental company in the Baltics with an extensive rental network throughout all three Baltic countries. The client is […]