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Tuesday, 22.08.2017, 10:07
Potential investors in insolvent KVV Liepajas Metalurgs steelworks are from third countries, said Latvian Economics Minister Arvils Aseradens (Unity) in an interview with the Latvia public television, writes LETA.
Keyword tags: Baltic States – CIS, Investments, Latvia, Legislation, Markets and Companies, Metals Market
Talks with the potential buyers of Latvia’s insolvent steel company KVV Liepajas Metalurgs will be completed by the end of August, Dzintars Hmielevskis, a representative of the company’s insolvency administrator, told LETA.
The insolvent joint-stock company KVV Liepajas Metalurgs posted EUR 26.145 million in losses in 2016, while the company's turnover amounted to EUR 14.163 million, writes LETA, according to Firmas.lv.