Grata International has announced that its associated office in Latvia, Alliks un Partneri, has changed its name to Grata Latvia.
The capital market in Latvia is rather small, with limited capitalization in both the stock and bond markets. As of December 31, 2015, 26 Latvian companies’ equity securities, 42 corporate debt securities, 12 Government Treasury bill and bond issues, and 5 investment funds were listed on the only licensed stock exchange in Latvia – Nasdaq Riga.
On November 1, 2016, CEELM reported that ZGI Capital has invested EUR 700,000 in Latvian FinTech company Mobilly. Rudolfs Krese, Investment Director at ZGI Capital agreed to provide more details on the deal.
Senior Attorney Eleonora Zelmene, Head of the Insurance Law Practice at Klavins Ellex, has become a Member of the Advisory Board of the Baltic Financial Advisors Association – a non-profit organization recently established through joint efforts of Lithuanian, Latvian, and Estonian associations of commercial banks.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.