Investments, Latvia, Legislation, Markets and Companies, Metals Market
International Internet Magazine. Baltic States news & analytics
Thursday, 18.04.2024, 23:36
Latvian PM: unclear whether Liepajas Metalurgs deal will be signed with investor
Print version |
|---|
The government had to choose between Liepajas
Metalurgs' insolvency and negotiations with the sole investors that had
applied to invest money in the company.
The investor has not yet tested Liepajas
Metalurgs equipment, added Kucinskis.
As to finding an investor for the national airline airBaltic, Kucinskis was more optimistic, saying that extending the
talks with the investor until the end of January would pose no problems.
In airBaltic's case, there will
be long-term investments to ensure the airline's viability, which is why the
government and investor have to discuss all aspects, including guarantees for
the state and for the investor, said Kucinskis.
Commenting on the mandatory procurement component in electricity prices,
Kucinskis stressed that the Economics Ministry would have to revise the
component and revoke licenses issued to companies that may have tried to cheat
the state.
The premier expects that the ministry's probe will be completed in the
first quarter of 2018.
«The Baltic Course» Is Sold and Stays in Business!
