We are pleased to announce having advised Xllnc Nordic on the acquisition of Replace, acting as local advisors through Hansen Law, a world-class Swedish boutique law firm. Replace delivers mobile and IT equipment recycling services to large Nordic and European enterprises, while Xllnc delivers IT lifecycle management solutions to large corporations, the public sector and […]
We consulted the VEFRESH association, which combines leading technology businesses regarding options to establish an urban smart solution testing area in the VEF district. VEFRESH Association This movement has brought together Latvian companies to jointly promote innovation development in the historical VEF district and its surrounds. The VEF area will turn into a smart-city testing […]
Introducing a new law on trademarks As of 23 September 2019, a draft “Trade Mark Law” is being debated in the responsible commission of the Saeima. The draft law has yet to be considered in three parliamentary sessions and is planned to come into force by the end of 2020. The draft law is designed […]
The Cabinet has decided that the so-called “blank media levy” will continue to be collected on the basis of the existing fee-based system rather than being transferred to a state budget system. However, it was agreed that there is an urgent need to review the list of media to which the levy applies. Discussion on […]
Mobile communications operator Bite Latvija has signed a purchase contract to acquire telecommunications company Baltcom for an undisclosed price. Until permission is received, both companies will continue operating independently. A step closer to the company’s long-term development aims Says manager Kaspars Buls of Bite Latvija: “I am satisfied with the agreement reached; this is a […]
