On 13 May 2021, VSIA Rīgas cirks and Aidaco Group entered into a contract to reconstruct the building of Rīgas cirks (Riga Circus). Contract value: EUR 3,201,364.43 + VAT. Project The project is vital because it involves reconstructing an architectural monument of national significance (namely, the historically significant and unique Rīgas cirks building). These works […]
“If the commercial property sector in the Baltic countries saw larger or smaller losses and the prospects for individual segments remain vague, the residential property sector has easily withstood the challenges posed by the coronavirus pandemic and has even strengthened its position in some places. First of all, the residential property sector in Lithuania and […]
We are representing a legal person (the client) before the European Court of Human Rights in proceedings against the Republic of Estonia. The basis of the claim is a breach of the right to proceedings within a reasonable time in regard to Article 6 of the European Convention on Human Rights and a breach of […]
We advised YIT, the largest Finnish and one of the leading construction companies and urban environment developers in Northern Europe, on the sale of it’s paving and mineral aggregates business in Estonia to KMG Inseneriehitus. YIT to focus on urban development The transaction, expected to be completed in the second quarter of 2021, comprises the […]
Our team successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. Kaunas Regional Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics centre in Kaunas district to W. P. Carey fund’s company. The court […]