Sales strategy next headache at Liepajas metalurgs

  • 2014-03-05
  • From wire report
RIGA - During a meeting of creditors of the troubled metallurgical company Liepajas metalurgs on Feb. 21, the participants agreed to extend the deadline to sell the company’s property, reports The new deadline is set at Aug. 31, 2014.“I propose to extend the sales deadline because, according to the company’s sales plan, the company has been put on an international sales offer. This process takes time, and cannot be done at a high quality in the remaining three months of the previous deadline,” the company’s insolvency administrator Haralds Ve...
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