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Cobalt Advises Swietelsky on Construction of Rail Baltica Station at Riga Airport

Cobalt Advises Swietelsky on Construction of Rail Baltica Station at Riga Airport

Latvia
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Cobalt has advised Austrian railway and infrastructure constructor Swietelsky AG on winning a EUR 237 million contract to build the Rail Baltica station and related infrastructure at the Riga International Airport. The contract was awarded in a public procurement procedure by Eiropas Dzelzcela linijas SIA, the implementing body of the Rail Baltica project in Latvia.

According to Cobalt, Swietelsky AG participated in the tender as a part of a consortium that also included Latvia’s Binders SIA and LNK Industries AS. According to the firm, the project includes the construction of a three-level station building, overpass structures, and access roads with related infrastructure, as well as railway tracks. The project is designed to connect the Riga Central Station to the airport via Rail Baltica’ high-speed and shuttle trains. The project will be carried out in five stages and is expected to finish by December 2025.

Cobalt’s team included Managing Partner Dace Silava-Tomsone, Partner Sandija Novicka, and Associate Arturs Valdersteins.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.