Cobalt has advised German defense company Rheinmetall on a joint project with Lithuania’s EPSO-G Invest and Giraites Ginkluotes Gamykla to establish a 155-millimeter artillery ammunition manufacturing plant in Baisogala, Lithuania. TGS Baltic reportedly advised EPSO-G Invest. Sorainen reportedly advised Giraites Ginkluotes Gamykla.

Ellex, working with Thommessen, has advised Accent Equity on the acquisition of Brimer from Entec Group. Wikborg Rein reportedly advised the Entec Group.

CMS has promoted Martina Gavalec and Natalia Janoskova to Partner at the firm’s Slovakia office.

Eversheds Sutherland has advised the Foreign Expansion Fund 2 FIZAN of Polski Fundusz Rozwoju on debt financing to Euvic for the acquisition of stakes in five companies operating in the IT sector in Lviv, Kyiv, Kharkiv, and Vinnytsia.

CMS has advised EGLS Founders Holding on its partnership arrangements with Kamco Invest centering on European Green Logistics Space. Taylor Wessing advised Kamco Invest.

Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.