Metals Market

International Internet Magazine. Baltic States news & analytics Tuesday, 24.05.2016, 20:40

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Privatization Agency: investors interested in KVV Liepajas Metalurgs assets

Privatization Agency: investors interested in KVV Liepajas Metalurgs assets

24.05.2016

With the situation in the metal industry gradually improving, some potential investors have started showing interest in the assets of Latvia's struggling metallurgical company KVV Liepajas Metalurgs, Vladimirs Loginovs, board chairman of the Privatization Agency (PA), said on Latvian Radio today, cites LETA.

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



FinMin: KVV Liepajas Metalurgs has no reason to turn to arbitration court

FinMin: KVV Liepajas Metalurgs has no reason to turn to arbitration court

23.05.2016

The Ukrainian shareholders of the Latvian metallurgy plant KVV Liepajas Metalurgs have no reason to file a claim against Latvia with the international court of arbitration, Latvian Finance Ministry spokesman Aleksis Jarockis told LETA.

KVV Group confirms owner Kazmin detained in Ukraine

KVV Group confirms owner Kazmin detained in Ukraine

20.05.2016

Ukraine's KVV Group, the owner of the Latvian metallurgical plant KVV Liepajas Metalurgs, after categorically rejecting last week allegations about the involvement of its co-owner, Yevgeny Kazmin, in financing of separatism in Ukraine or any other criminal activities in Ukraine and the illegally occupied territories, has changed its tune today and confirmed that he has been detained, informs LETA.


Minister: KVV Liepajas Metalurgs management has no plan how to ensure continued production

Minister: KVV Liepajas Metalurgs management has no plan how to ensure continued production

19.05.2016

The situation at the joint-stock metallurgical company KVV Liepajas Metalurgs is complicated and the company's management have no plan how to ensure continued production, Economics Minister Arvils Aseradens (Unity) said after a visit to Liepaja on May 18th, cites LETA.

Vejonis reproaches Ukrainian investors of KVV Liepajas Metalurgs for resorting to blackmail

Vejonis reproaches Ukrainian investors of KVV Liepajas Metalurgs for resorting to blackmail

18.05.2016

By announcing their intention to turn to the London Court of International Arbitration (LCIA), the Ukrainian investors of the Latvian metallurgy plant KVV Liepajas Metalurgs have resorted to blackmail, Latvian President Raimonds Vejonis said LETA.

18.05.2016

Minister: with its current shareholders, KVV Liepajas Metalurgs cannot resume operations

The Latvian government does not believe that the current shareholders are able re-launch the struggling metallurgical company KVV Liepajas Metalurgs, Economics Minister Arvils Aseradens (Unity) told the press on May 17th, cites LETA.

13.05.2016

Liepajas Osta LM stevedore declared insolvent

Liepajas Osta LM stevedore was declared insolvent in a written procedure at the court in Liepaja port city in Latvia’s south-west on May 12th, writes LETA.

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