Tue, Jun
93 New Articles

Derling Primus Advises Skoda Vagonka on Acquiring 32 Electric Trains from AS Pasazieru Vilciens

Derling Primus Advises Skoda Vagonka on Acquiring 32 Electric Trains from AS Pasazieru Vilciens

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Derling Primus has advised Skoda Vagonka on its agreement with Pasazieru Vilciens for the production and supply of 32 electric trains in Latvia. The contract for the purchase of electric trains, which includes staff training, equipment for maintenance and a spare parts fund, is worth almost EUR 242 million.

The electric trains will be phased in over time, with the first being delivered in the first half of 2022, and the rest by the end of 2023.

The Derling Primus team included Partner Kristine Gaigule-Saveja, Senior Associates Andis Ozolins and Konstantins Telakovs, and Associates Igors Dambrans and  Edgars Pundurs.

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. 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 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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

All News about Cobalt can be found here.


Our Latest Issue