Cobalt has advised fashion brand house AS Baltika on reorganization proceedings.

Attendees to the 2019 CEELM Winter Party were cornered, over the course of the evening, and asked, without warning or an opportunity to prepare, what achievement over the past 12 months they were proudest of.

Cobalt has successfully represented Estonia's largest waste handler Ragn-Sells AS in a dispute regarding the public procurement of a waste removal concession organized by the Vinni municipality in northern Estonia.

Contributed by Cobalt

Contributed by Cobalt

Contributed by Cobalt

Cobalt Advises Luminor Bank on First-Ever Covered Bonds Issuance in Baltics

Cobalt has advised Luminor Bank on its inaugural issue of covered bonds, with an aggregate nominal value of EUR 500 million. The covered bonds are to be listed on the Euronext Dublin Stock Exchange.

Cobalt Helps Nuctech Warsaw Win Public Procurement Procedure for Tallinn Airport Deal

Cobalt has successfully helped Nuctech Warsaw Company Limited Sp. z o.o. win a public procurement procedure to sell the Tallinn Airport two baggage-scanning devices.

Cobalt Advises Laurus on Sale of Valge Maja Office Building in Tallinn

Cobalt has advised Laurus S.a.r.l. on the sale of the Valge Maja office building in Tallinn to LHV pension funds.

Cobalt Successful for PNB Banka Before Latvia's Constitutional Court

Cobalt has successfully represented AS PNB Banka before Latvia’s Constitutional Court in a case involving the fee calculation for credit institutions for financing the Financial and Capital Market Commission’s operations.

Ellex and Cobalt Advise on Fan19's Acquisition of Engagecraft

Ellex Valiunas has advised Fan19 on its acquisition of 100% of shares of Engagecraft. Cobalt advised the unidentified seller on the deal, and financial details were not disclosed.

We will start the overview of the transport and logistics sector in Lithuania by showing the key figures of carriage of goods performed by Lithuanian carriers. The amount of goods carried by all means of transport in Q1 and Q2 of 2019 was 35,025 billion tonne-kilometres – over 16% more than over the same period in 2018, when the amount was 30,175 billion tonne-kilometres.

The law on carriage of goods is a well-harmonized area of international law –  a streamlined set of rules that allows cargo owners and carriers to save valuable time and resources. While freight forwarders are an important element of every consignment it is surprising that many elements of forwarder’s liability are still regulated by national law.

On 30 January 2020 the Latvian Parliament adopted amendments to the CIT Law. The amendments have not been promulgated and, therefore, the exact wording of the adopted amendments is not available yet. The amendments will come into force on the next day after their promulgation, which most likely will happen already this month.

The Estonian office of Cobalt has advised the Hansab Group on the sale of recycling technology provider Moya OU to Swedish recycling machinery producer RVM Systems AB.

Cobalt has assisted Viessmann with the restructuring of its refrigeration systems business in Latvia.

Cobalt has advised Genopas B.V. and Nunica Holdings B.V. on the sale of their 100% shareholding in UAB Pusbroliai to Idex Baltic.

Cobalt has advised Change Ventures on its EUR 500,000 investment in Estonian educational startup 99math.