NJORD Advokaadibüroo is taking part in the Garage48 Cyber Security Online Hackathon 2020, which is taking place from the 23rd to the 25th of October.  

Under the current law, all share transactions of private limited companies (OÜ or osaühing in Estonian) must be notarized in case the shares are not registered with the Estonian Securities Register. This is the case with 97% of all companies’ shares in Estonia.

The coronavirus pandemic was accompanied by a sharp change in consumer behaviour, which also meant a decrease in the consumption of design products. Both world-famous companies, as well as domestic brands, are experiencing the negative effects of the economic crisis caused by the pandemic. The unstable economic situation and uncertainty about the future are forcing brands to reduce production volumes to avoid overproduction and, thus, a situation where the produced goods remain on the shelves. Marketing and sales strategies are also being changed to strengthen e-commerce.

In order to prevent the spread of the virus outbreak, the Police and Border Guard Board (PBGB) has decided to restrict the right to the retail sale of alcoholic beverages in more critical counties. The Government of the Republic has the right to restrict the retail sale of alcoholic beverages in the country as a whole, the PBGB in the county as a whole, and the local government in its territory as a whole or at specific points of sale.