Metals Market

International Internet Magazine. Baltic States news & analytics Thursday, 27.11.2014, 06:11

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]
First payment cleared in Liepajas metalurgs acquisition process

First payment cleared in Liepajas metalurgs acquisition process

19.11.2014

The new owner of Liepajas metalurgs – Ukrainian company KVV Group, has cleared its first payment in the acquisition process – EUR 20.5 million, Liepajas metalurgs insolvency administrator Haralds Velmers told LETA on November 14th.

Keyword tags: Baltic States – CIS, Financial Services, Latvia, Legislation, Markets and Companies, Metals Market



Liepajas metalurgs owners hope to resume production by end 2014

Liepajas metalurgs owners hope to resume production by end 2014

13.11.2014

The process of takeover of the insolvent Liepajas metalurgs is still in progress, however, the new owners at KVV Group hope to resume Liepajas metalurgs operations by the end of the year, co-owner of KVV Group Yevgeny Kazmin said at a press conference, reports LETA.

Mayor Sesks hopes that Liepajas metalurgs will resume operations already in December

Mayor Sesks hopes that Liepajas metalurgs will resume operations already in December

12.11.2014

Liepaja City Council Chairman Uldis Sesks (Liepaja Party) hopes that Liepajas metalurgs will resume operations already in December 2014, informs LETA.


Tolmets – Latvian leading company in services sector in 2013

Tolmets – Latvian leading company in services sector in 2013

11.11.2014

Scrap metal recycling company Tolmets was the leading services provider in 2013 with turnover of EUR 148.5 million, according to the Latvian Business Annual Report 2014 compiled by Firmas.lv and LETA.

Russian ambassador and EcoMin certain that Latvian-Russian economic relations will improve

Russian ambassador and EcoMin certain that Latvian-Russian economic relations will improve

14.10.2014

Regardless of the fact that current Latvian-Russian economic relations are troubled by the European Union and Russia's mutual sanctions, they could stabilize soon, reports LETA.

08.10.2014

Estonian PM thanked companies in Sillamäe for contributing to economic development

During his visit to North East Estonian town Sillamäe on Tuesday, Estonian Prime Minister Taavi Rõivas visited the facility of Molycorp Silmet, a rare earth metal processor, and the Port of Sillamäe, and he thanked the companies for their contribution to the economic development of Estonia, reports LETA, referring to government communication unit.

06.10.2014

Liepajas metalurgs to contribute EUR 950 to Latvia's economy in 5 years

Restoring Liepajas metalurgs will provide a significant contribution to Latvia's economy in the coming five years, the State Treasury's head Kaspars Abolins told the press representatives today, cites LETA.

06.10.2014

Owner: Liepajas metalurgs to be profitable during first year

Liepajas metalurgs will resume operating already at the end of November 2014, furthermore, taking into account that the first three months could be fruitless, the company nevertheless plans to bring back profit already in the first twelve months, owner of KVV Group Valery Krishtal said in an interview with the business portal Nozare.lv today, cites LETA.

03.10.2014

Vilks: Ukrainian investors are very welcome in Latvia

After a meeting with the new owner of Liepajas metalurgs Valery Krishtal today, Finance Minister Andris Vilks said that Latvia and the other Baltic countries are also open to other Ukrainian companies which wish to enter the European Union market, reports LETA.

03.10.2014

Mayor: Liepajas metalurgs sale 'deal of the century'

Liepaja Mayor Uldis Sesks (Liepaja Party) admitted to LETA today that the signing of the Liepajas metalurgs sales agreement yesterday is the ''deal of the century''.

03.10.2014

Liepajas metalurgs sales agreement signed

Liepajas metalurgs insolvency administrator Haralds Velmers signed the company's sales agreement with Ukraine-registered KVV Group last night, KVV Group spokeswoman Inese Ozolina informed LETA.

24.09.2014

PM: State will recover all funds it has pumped into Liepajas metalurgs

Prime Minister of Latvia Laimdota Straujuma (Unity) told members of the press yesterday after a government meeting that the state will recover all the funds it pumped into the rescue of Liepajas metalurgs, reports LETA/Nozare.lv.

18.09.2014

Ir: Liepajas metalurgs investors haunted by scandals and lawsuits

Liepajas metalurgs investors are haunted by scandals and lawsuits, the Latvian magazine "Ir" reports, cites LETA/Nozare.lv.

15.09.2014

Krishtal: KVV Group is a Ukrainian company

The buyer of insolvent Latvian metallurgical company Liepajas metalurgs – KVV Group, is a Ukrainian holding company, thus the company kindly asks failed bidder Kirovs Lipmans and others not to come out with strange speculations, especially in wake of the situation in eastern Ukraine, the company's owner Valery Krishtal told the business information portal Nozare.lv, cites LETA.

12.09.2014

Lipmans: Liepajas metalurgs was bought by Russian controversial company

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.

1 ..2 ..3 ..4 ..5 ..6 ..7 ..8 ..9 ..10 ..11 [>][>>>]

Search site