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Legal protection process launched for Latvia’s Dzintars cosmetics company
BC, Riga, 18.10.2016.
Print version
Print versionThe Riga Zemgale District Court has launched a legal protection proceeding for Latvia’s Dzintars cosmetics company, according to information published by the Insolvency Register, notes LETA.
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The proceeding was started on October 17.
As reported, Dzintars last year posted EUR 5.911 mln in sales, down 7% y-o-y, while the company’s loss rose 76% to EUR 2.633 mln.
Dzintars is a manufacturer of perfumery and biocosmetics, making more than 1,000 various products. The company was registered in 1991, and has a share capital of EUR 2.817.
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