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Sunday, 30.08.2015, 16:56
The joint-stock metallurgical company KVV Liepajas metalurgs plans to resume full-scale operations in October 2015, however, it will require support from the Latvian government, the company's board member Igor Talanov said in an interview with Latvian State Radio today, cites LETA.
Keyword tags: Investments, Latvia, Legislation, Markets and Companies, Metals Market
Joint-stock metallurgical company KVV Liepajas metalurgs continues to expand its export markets and intends to hire approximately 200 new employees in the coming months, the company informed LETA.
KVV Liepajas metalurgs workers inform the state officials about complicated situation at the company04.08.2015
Several former and current workers at the joint-stock metallurgical company KVV Liepajas metalurgs have sent an open letter to top state officials, to inform them about the complicated situation at the company and calling for a solution, reports LETA.
Joint-stock metallurgical company KVV Liepajas metalurgs has paid its gas bills on time, according to Latvijas Gaze spokesman Vinsents Makaris, reported LETA.
In the spring of 2015, "KVV Liepajas metalurgs" had signed an agreement with only one scrap metal supplier - "Tolmets", however, the moment the prices went up, "Tolmets" found it more beneficial to sell scrap metal abroad, which is why the metallurgical plant now plans on signing agreements with any supplier, "KVV Liepajas metalurgs" co-owner Valery Krishtal said in an interview, reports LETA.
Ahead of the acquisition deal of the metallurgical plant Liepajas metalurgs in 2014, the Ukrainian investor KVV Group received inaccurate information that has affected the actual costs of production, KVV Liepajas metalurgs co-owner Valery Krishtal said in an interview with LETA.
Latvenergo has warned KVV Liepajas metalurgs about cutting off power to the company if it fails to pay its electricity bill by June 15th 2015, Latvenergo informed LETA. The sane warning came from Latvijas gaze.