Metals Market

International Internet Magazine. Baltic States news & analytics Friday, 29.05.2015, 17:12

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KVV Liepajas metalurgs to keep 290 employees

KVV Liepajas metalurgs to keep 290 employees

29.05.2015

KVV Liepajas metalurgs will keep 290 employees, while the company's owners deny any rumors that the plant could cease production, reports LETA.

Keyword tags: Employment, Investments, Latvia, Legislation, Markets and Companies, Metals Market



FinMin: Liepajas metalurgs investors already paid EUR 35 mln

FinMin: Liepajas metalurgs investors already paid EUR 35 mln

29.05.2015

Liepajas metalurgs investors so far have fulfilled all their payment obligations, said Finance Minister Janis Reirs (Unity) in an interview with the Latvian Television show "Rita panorama", reports LETA.

Lipmans: layoffs at KVV Liepajas metalurgs are "clear extortion" by the company's owners

Lipmans: layoffs at KVV Liepajas metalurgs are "clear extortion" by the company's owners

28.05.2015

Layoffs at KVV Liepajas metalurgs are "clear extortion" by the company's owners, this according to the company's former shareholder Kirovs Lipmans in an interview with the LTV show "Rita panorama", reports LETA.


KVV Liepajas metalurgs paid EUR 100,000 to laid-off workers

KVV Liepajas metalurgs paid EUR 100,000 to laid-off workers

27.05.2015

KVV Liepajas metalurgs has paid about EUR 100,000 to the company's laid-off workers, KVV Liepajas metalurgs board member Igor Kovalenko told LETA.

Businessman: production in Latvia becoming unprofitable due to high mandatory procurement component

Businessman: production in Latvia becoming unprofitable due to high mandatory procurement component

27.05.2015

The high electricity tariffs caused by the mandatory procurement component (MPC) have become a problem for all business owners, and for a lot of them production in Latvia is becoming unprofitable, this according to Janis Vilnitis, owner of the joint-stock paper producer Liepajas papirs, in an interview with "Rietumu radio", cites LETA.

26.05.2015

Mayor Sesks: job market situation in Liepaja is not hopeless

There are about 250 job vacancies in Liepaja at the moment in the industrial sector, thus those persons being laid off by KVV Liepajas metalurgs have options and the situation is not as hopeless as it seems, Liepaja Mayor Uldis Sesks told ''Rietumu radio'' today, cites LETA.

26.05.2015

Liepajas metalurgs insolvency administrator received EUR 1.03 mln in remuneration in 2014

The Liepajas metalurgs insolvency administrator Haralds Velmers received EUR 1.03 million in remuneration in 2014, reports LETA, according to Firmas.lv.

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