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Tuesday, 03.03.2015, 05:09
The joint-stock metallurgical company KVV Liepajas metalurgs, which was bought by Ukraine's KVV Group in October 2014, has produced first batch of steel bars – 5,000 tons; the company is planning to export them to Algeria in March, as the KVV Liepajas metalurgs board member Igor Kovalenko told LETA.
Keyword tags: Baltic Export, Employment, Good for Business, Latvia, Markets and Companies, Metals Market
Joint-stock metallurgical company KVV Liepajas metalurgs has not yet fully resumed operations, however, the company already employs 550 workers, Liepaja Mayor Uldis Sesks (Liepaja Party) said in an interview with the Latvian Television show "Rita panorama" today, reports LETA.
On February 13th 2015, joint-stock KVV Liepajas metalurgs began operating its rolling mill in test mode, the company's board member Igors Kovalenko informed LETA.
Next week, KVV Liepajas metalurgs rolling mill will start operating in test mode, the company's board member Igors Kovalenko informed LETA.
It is said that KVV Liepajas metalurgs will employ no more than 1,300-1,400 people. The plant's rolling mill will begin to operate in February, the electric steel melting furnace – in March, the company's board member Igors Kovalenko told the press representatives today, cites LETA.
As part of the distribution network of the Severstal Russian Steel division development program, all its five companies will now be called Severstal Distribution, Severstallat spokeswoman Olga Nesterova informed LETA.
Liepaja metallurgical company Liepajas metalurgs will not resume production in 2014 after all, the Latvian Television show "Panorama" reported last night, cites LETA.