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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 13:10

Four candidates continue talks on buying Liepajas metalurgs

BC, Riga, 20.08.2014.Print version
A total of six investors submitted their binding offers for the defunct Liepajas metalurgs, however, discussions are currently continuing with only four of them, Liepajas metalurgs insolvency administrator Haralds Velmers told the press representatives after the government's meeting on Tuesday, informs LETA/Nozare.lv.

He indicated that two of the potential investors failed to qualify for further evaluation.

 

Velmers also said that he has scheduled a Liepajas metalurgs creditors' meeting for August 28 to urge them to extend the deadline for selling the company, as the process requires "several additional measures."

 

Meanwhile, Liepajas metalurgs property sale will be carried out according to the plan – the investor will be named by the end of August, but the contract will be signed in September.






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