The crypto asset market regulation (MiCA) will be applied from mid-2024 and each EU Member State is required to develop its own national regulation. If Latvia is the first to adopt it, we have a great chance to stand out at the European level with our offer. On 20 April 2023, the European Parliament adopted […]
We advised the US private equity company Warburg Pincus to invest in the world-leading Lithuanian cyber security company Nord Security. In this investment round, Nord Security attracted USD 100 million and reached a value of USD 3 billion. Warburg Pincus is a new investor in the company. Existing investors Novator Ventures and Burda Principal Investments […]
Assistant lawyer Krišjānis Knodze compiled the material. Transport/energy Alternative fuels infrastructure: €352 million in EU funding for low-and zero-emission transport projects Published: 11 September 2023 The European Commission announced the 26 projects from 12 Member States that will receive funding to install alternative fuels infrastructure. Among those, a Latvian project “Elektrum Drive – e-mobility network in […]
We represented Elisa, Estonia’s leading telecommunications services provider, in a public procurement dispute with Estonian Railways, a railway infrastructure manager, in relation to the terms of a public tender announced by the latter. In accordance with the law At the EUR 300,000 tender, Estonian Railways sought to contract a provider of landline telephone services, including […]