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May 14, 2008

Trials, a major Latvian meatpacker, said it would lay off 90 employees, or nearly a third of its staff, as part of a restructuring plan to boost productivity. “There has been lengthy increase of expenses of various resources….The global situation influences not only purchasing capacity in Latvia, but also in the Baltics,” said Chairman Valts Blaumanis, adding that the restructuring should be completed by August. He added that the company would have to search for “other opportunities…to ensure su ...


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