Metals Market

International Internet Magazine. Baltic States news & analytics Tuesday, 21.10.2014, 18:07

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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.

Keyword tags: Baltic Export, Baltic States – CIS, Good for Business, Investments, Latvia, Markets and Companies, Metals Market



Estonian PM thanked companies in Sillamäe for contributing to economic development

Estonian PM thanked companies in Sillamäe for contributing to economic development

08.10.2014

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.

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

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

06.10.2014

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.


Owner: Liepajas metalurgs to be profitable during first year

Owner: Liepajas metalurgs to be profitable during first year

06.10.2014

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.

Vilks: Ukrainian investors are very welcome in Latvia

Vilks: Ukrainian investors are very welcome in Latvia

03.10.2014

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.

11.09.2014

KVV Group plans to resume Liepajas metalurgs production in 2014

Ukraine's KVV Group intends to invest EUR 30 million into Latvian metallurgical company Liepajas metalurgs and resume production already in 2014, the company's owner Valery Krishtal told the business information portal Nozare.lv, cites LETA.

11.09.2014

Preliminary contract between Liepajas metalurgs and KVV Group signed

Liepajas metalurgs insolvency administrator Haralds Velmers has signed a preliminary agreement with the Ukrainian company KVV Group on the acquisition of Liepajas metalurgs, Velmers informed the business portal Nozare.lv, cites LETA.

10.09.2014

Igor Shamis offered to purchase Liepajas metalurgs for EUR 120 mln

Russian millionaire Igor Shamis and his Luxembourg-based United Group offered to purchase the insolvent Latvian metallurgical company Liepajas metalurgs for EUR 120 million, Shamis himself told members of the press today, informs LETA.

10.09.2014

PM: KVV Group allowed to legally operate in Latvia

The Latvian government is informed that the buyer of Liepajas metalurgs – the Ukrainian company KVV Group – has been associated with former Ukrainian President Viktor Yanukovych's regime. The company's owner was a member of Yanukovych's Party of Regions, however, he had nothing to do with the money of the Yanukovych regime, Prime Minister Laimdota Straujuma said in an interview with the LNT show "900 sekundes" this morning, informs LETA.

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