EU & Competition

Ellex Raidla has a specialized competition law team with deep experience in both national competition law matters as well as in various EU regulations in the field. We have advised our clients in numerous complex disputes before the Estonian Competition Authority and in courts. Our experts have also worked on a large number of state aid projects and are experienced in co-coordinating the process with the European Commission. The team has good relations with various regulatory institutions in this field, at both the national and EU levels.
Key projects in the field

  • Competition Act
  • District Heating Law (concerning long-term delivery contracts)
  • Electricity Market Act
  • Public Water Supply and Sewerage Act

Key contacts

Raino Paron

Partner

Head of Banking & Finance and EU & Competition practice groups
+372 640 7170
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Triin Frosch

Counsel

+ 372 640 7170
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Martin Mäesalu

Senior Associate

+ 372 640 7170
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Sandra Värk

Senior Associate

+372 640 7170
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Martin-Johannes Raude

Senior Associate

+372 640 7170
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Maria Teder

Senior Associate

+ 372 640 7170
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Kevin Gerretz

Lawyer

+372 640 7170
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Andrei Štin

Lawyer

+372 640 7170
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Key projects in the field

We advised Gjensidige Forsikring ASA in the acquisition of PZU Lietuva
Ellex Raidla advised Gjensidige Forsikring ASA, a leading insurance company in the Nordic region in the acquisition of 99.88 per cent of the shares in PZU Lietuva.

The closing is expected to take place in the second half of 2015, contingent upon approval from the relevant authorities. Integration of the two entities is expected to begin immediately thereafter to ensure that synergies can be realised as soon as possible.

Raidla Lejins & Norcous advised the buy-side and assisted the client in drafting the transaction documents, represented Gjensidige Forsikring ASA in the negotiation process, performed legal due diligence of the target as well as advised on other transaction related matters.

The team of Ellex Raidla  was led by partner Sven Papp.

Gjensidige Forsikring:Gjensidige is a leading general insurance company in the Nordic region with operations in Norway, Denmark, Sweden and the Baltics. Operating income was NOK 21 billion in 2013, and the Group has around 3,400 employees before the take-over of PZU Lietuva.

Additional information:
Gjensidige acquires PZU Lietuva in Lithuania
Represented Prisma Peremarket AS in a criminal matter regarding accusation of violation of the Competition Act
Ellex Raidla partner Arne Ots and associate Kerstin Linnart-Herm represented Prisma Peremarket AS, one of the largest hypermarket chains in Baltic/Nordic region, in a criminal matter regarding accusation of violation of the Competition Act.

The accusation is focused on alleged price fixing with other food retailers on the price of low-cost vodka. It is noteworthy that the alleged price fixing took place through the medium of a local alcohol production company, i.e. the alleged coordinated behaviour did not involve direct contacts between the retailers but each of them had contacts with the alcohol production company.
 
The matter is one of the 3 largest cartel criminal cases in Estonia, currently the dispute is on the 2nd court level.  Our firm has been representing clients in all the three largest cartel criminal cases that have taken place in Estonia and two of them have ended successfully for our clients.
Advised Solaris Keskus and Solaris Kino in the sales of Solaris Kino to Forum Cinemas
Ellex Raidla advised AS Solaris Keskus and Solaris Kino OÜ in a preparation of contract concerning the acquisition of cinema business and lease contracts of the premises in the sales of Solaris Kino to Forum Cinemas AS, the enterprise operating the Coca-Cola Plaza multiplex cinema.
 
Solaris cinema theatre was opened in Tallinn downtown in 2009 and has actively competed with Forum Cinemas.