Law Firm TEGOS (Formerly TGS Baltic)

The Swedish Bergs Timber AB has decided to sell its sawmill business in Latvia, SIA Vika Wood, one of the largest and most efficient sawmills in the Baltic region. On 20 December 2024, Bergs Timber AB concluded an agreement with Nextwood One GmbH, a company of the Austrian HS Timber group, regarding the sale of 100% of shares in the Latvian wood processing company SIA Vika Wood.

17 October, 2024 The Latvian national airline airBaltic successfully executed EUR 40 million tap issue related to its EUR 340 million outstanding high-yield bonds

TGS Baltic, in cooperation with Vinge, assisted Swedish private equity company Helix Kapital with selling its shares in Spring Media Group, an international full-service sports media agency, to the global sports and entertainment business Two Circles.

TGS Baltic advised Colonna, one of the leading commercial property investors in the Baltics, on the disposal of a portfolio of 11 Rimi grocery stores across Latvia, to Lumi Retail Property Fund, a fund managed by Nuve Partners.