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Latvian Shipping Company privatization postponed

Aug 12, 1999
By Diana Kudayarova

RIGA - Although the first revenues from the privatization of the Latvian Shipping Company could be derived by Dec. 15, it may be beneficial to postpone its privatization till 2000, Economics Minister Vladimirs Ma-ka-rovs said. He claimed that greater revenues could then be raised.Privatization postponement will be welcome news to LASCO's administration and the For Fatherland and Freedom Parliament faction."All the necessary legislation and regulations for privatizing LASCO and Latvenergo are alr ...

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