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Cobalt Advises Lauma Fabrics on Delivery of COVID-19 Personal Protective Equipment to Estonia and Latvia

Cobalt Advises Lauma Fabrics on Delivery of COVID-19 Personal Protective Equipment to Estonia and Latvia

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Cobalt has advised Lauma Fabrics, a textile manufacturer in the Baltics and Europe, on the delivery of COVID-19 personal protective equipment to Estonia and Latvia.

According to Cobalt, “the European Medical Group and group company Lauma Fabrics have so far organized two PPE cargo deliveries to Estonia and Latvia to provide much-needed masks and respirators in the fight against COVID-19. The second delivery, on April 16, carried a record-large cargo of 3PLY surgical masks and FFP2 respirators in the Baltics, a total of four million protective masks, and 18,000 respirators. The flight costs were co-financed by the European Union within its Civil Protection Mechanism. The agreement made between Lauma Fabrics and the National Health Service of Latvia states that the company will deliver five million surgical masks and one million respirators in total, with a third delivery of PPE products expected shortly.”

Cobalt’s team in Riga included Partner Sandija Novicka, Associates Marija Berdova and Arturs Valdersteins, and Assistant Lawyer Gabriela Santare, while its team in Tallinn included Partner Martin Simovart, Counsel Elena Hansov,  Senior Associates Madis Reppo and Tonu Kolts, and Associates Liina Saaremets and Tiit-Gregor Mets.

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.