Cobalt has advised Linstow Baltic on an agreement with Snabb to operate parking services at the Origo shopping center, Radisson Blu Latvija, Radisson Elizabete, and several open-air locations in central Riga.
Linstow Baltic is a real estate developer and manager.
According to Cobalt, under this arrangement, Snabb will implement license plate recognition cameras and contactless payment systems, in partnership with Mobilly, to enhance customer convenience. Snabb has already been operating at Ulemiste, the largest shopping and entertainment center in Estonia developed and managed by Linstow Baltic, since January 2024.
The Cobalt team was led by Partner Toms Sulmanis.
