The leading Baltic real estate company E.L.L. Real Estate has re-branded itself to Kapitel as a unified brand in all markets. Kapitel focuses on creating and managing sustainable, functional and aesthetic environments for people and companies to flourish. Kapitel follows the long-term strategy, managing the whole development cycle and remaining as property owners of the projects developed.
04. January 2017
Nordica served the biggest number of airline passengers in 2016 according to data from Tallinn Airport.
365,179 passengers travelling on Nordica passed through Tallinn Airport in 2016, which means that the average annual market share of the airline in the area of scheduled flights increased 18%. This exceeds the passenger numbers of the second largest carrier by a tenth. It is important to note here that Nordica’s market share in scheduled flights increased to about 20% in the last quarter of 2016.
The national airline of Estonia started operating in November 2015 and over 400,000 passengers have flown with Nordica since then. Nordica started cooperating with LOT Polish Airlines in November 2016.
The Lithuanian VARUL team is strengthening its forces and merges with law firms PRIMUS operating in Estonia and Latvia thus expanding PRIMUS network to Lithuania. New partnership agreement will allow to achieve strategic goals more actively.
“Recent changes in the legal market are influenced by the dynamic competitive environment. In recent years we observe steady and sustainable growth of our office in Lithuania. We believe that combining our forces with new partners in Estonia and Latvia, we are strengthening our positions in the Baltic region and have the possibility to create innovative and ambitious network of legal services, which will be able to offer innovative legal solutions not only in the Baltic countries, but for clients in other European jurisdictions as well,”- says Robert Juodka, managing partner at VARUL Lithuania.
Merger with PRIMUS partners in Estonia and Latvia is encouraged by the aim to grow and strengthen the team with competent and professional partners, who not only have the knowledge of legal subtleties and are oriented to the needs of businesses, but also achieve high quality standards, innovative legal solutions and create bigger added value for the clients.
PRIMUS law firms have serious ambitions to expand the current network, keep active cooperation with foreign partners, create specific legal products for the dynamic business market, startups and niche clients. “Currently we are very active in the Polish market. Vilnius office is one of the founders and members of the Polish-Lithuanian Chamber of Commerce. Almost a year ago we have established Polish Desk, which offers specialist assistance to Polish companies, who would like to start doing business in Lithuania, implement projects or conclude contracts with Baltic partners,” – explains R. Juodka.
Lithuanian office will operate under VARUL trademark until the legal procedures related with the name change will be completed.
PRIMUS attorneys and lawyers in Latvia and Estonia are specialising in legal areas of banking and finance, corporate, tax, dispute resolution, real estate. The Firm is highly recognized by influential global legal directories IFLR1000, The Legal 500 and Chambers & Partners.
VARUL Lithuanian office is focused on advising both domestic and international clients on all aspects of business law. According to international legal directories The Legal 500, Chambers & Partners, VARUL lawyers in Lithuania every year are ranked in a top three in most of practice areas.