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Lipmans: Liepajas metalurgs was bought by Russian controversial company

BC, Riga, 12.09.2014.Print version
Liepajas metalurgs buyer KVV Group is a Russian, not Ukrainian, company, one of the candidates to buy the company whose bid was rejected, Kirovs Lipmans said in an interview with Latvian State Television today, cites LETA.

BC's photo.

Lipmans urged the media "not to fool people" as the buyer is not a Ukrainian but Russian company, because "Crimea is already part of Russia."

 

Lipmans said that he has "controversial information" about KVV Group leaders, however, he refused to reveal more details. According to Lipmans, KVV Group has never dealt with metallurgy. The company operates only in the scrap metal business, "which is something completely different." Lipmans also said that he does not believe in KVV Group promises to invest in Liepajas metalurgs to restore the company to its former glory, but "may God help them succeed."

 

Lipmans also complained that the company's sale process was non-transparent.


As reported, KVV Group intends to invest EUR 30 million into Liepajas metalurgs and resume production already this year, the company's owner Valery Krishtal told the business information portal Nozare.lv.

 

It is planned that Liepajas metalurgs will manufacture metal products for KVV Group, as well as for export.






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