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On 30 January 2020 a global coronavirus outbreak announced by the World Health Organisation as a public health emergency caused delays in shipments from China, as well as failures in the finance, tourism, logistics and production spheres. We offer a brief overview of the most common legal issues arising in the supply sphere. Among the main examples […]
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We assisted Autolux in acquiring the shares in aktsiaselts APR-Rent, a previous Hertz franchise operator in Estonia. Since 1 January 2019 Autolux became the exclusive Hertz franchise operator in the Baltic states and took over the operations and administration of the Hertz franchise in Estonia. APR-Rent as the previous Hertz franchise operator in Estonia acted […]
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We advised Bolt, the leading European transportation platform, on concluding a EUR 50 million quasi-equity facility agreement with the European Investment Bank (EIB), the European Union’s long-term lending institution. Bolt plans to invest this funding into improving and expanding our ride-hailing technology and personalised mobility services, like food delivery. The funding will also enable Bolt […]
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We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]
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We advised Nordic Investment Bank (NIB) on signing a EUR 17.5 million financing agreement with Kauno autobusai. The 15-year loan finances modernisation of the Kaunas public transport system and will be used to purchase 85 new low-floor electric trolleybuses to replace the majority of the current old electric vehicles in Kaunas. Says Henrik Norman, President […]
