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Latvian lingerie maker Lauma files for bankruptcy
Nina Kolyako, BC, Riga, 10.06.2010.
Print version
Print versionA court in Liepaja accepted a petition from Edgars Murans yesterday, declaring insolvency for the once-famous fabric and lingerie manufacturer Lauma.
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The company was established in 1971.
The court recommended appointing Zinta Zalite-Rukmane as Lauma’s administrator.
Since December 31, 2007, 92.08% of the company is owned by legal entities, but their identity has not been revealed, informs LETA.
Lauma council chairman is Spanish citizen Ricardo Rechter, but its board chairman – German citizen Nigel Page.
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