We advised Koinvesticinis fondas on investing in Nanoenergija – a Lithuanian startup which has developed vibration energy harvesting technology to power wireless IoT sensors. A total of EUR 180,000 has been invested in the startup by Koinvesticinis fondas (EUR 126,000) and LitBan (EUR 54,000). Although Nanoenergija developed their technology only at the beginning of this […]
Deals & Cases / Monika Tomberg, Kaspar Endrikson, Kaupo Lepasepp
We advised the European Investment Bank (EIB) in financing a project consisting of the renewal and modernisation of existing Estonian railway network, comprising modernisation of tracks, signalling and traffic control systems of Eesti Raudtee (Estonian Railway). Modernising traffic management The European Investment Bank has entered into a 25-year loan agreement with the Estonian state railway […]
We represented Tallinna Jäätmetetaaskasutuskeskus (TJT) in a public procurement dispute related to the waste management and transportation services. Focus on tender price The case involved a complaint from Eesti Keskkonnateenused against Viimsi municipality and TJT as the successful tenderer that TJT’s tender price was unreasonably low. As part of the services to Viimsi municipality, TJT […]
We are advising Fortum Corporation in the purchase by its subsidiary Fortum Heat Estonia who is acquiring a 40% stake in the district heating and cooling group Fortum Tartu from Giga. Increasing flexibility With the transaction, Fortum increases its ownership in Fortum Tartu to 100% (from 60%). With this step Fortum is looking to increase the flexibility […]
Our Risk Management, Corporate Crime Investigations & Defence specialists assisted SeAH Changwon Integrated Special Steel Corporation, in asset recovery. Client officially recognised as victim The case involved cross-border criminal investigations into cybercrime, which involved fraudulent transfers of large sums of money and money laundering. Due to effective cooperation with the investigative authorities and prosecutors, we […]