Green light for Liepajas metalurgs sale

  • 2014-03-20
  • From wire reports, RIGA
The main creditors of the insolvent metallurgical company Liepajas metalurgs - Citadela bank and SEB bank, have given the green-light for the planned sale of the company, said insolvency administrator Haralds Velmers to ''Today we have received confirmation from the other creditors, who support the company's sale plan. Thus, we will immediately begin work on organizing the process,'' Velmers said.In order to begin implementing the company's plan, the administrator must get the green light from all three of the company's main creditors - the Sta...
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