$900 million Baltic Pulp facing extinction

  • 2003-09-04
  • TBT staff
RIGA - The single largest investment project in recent Baltic history ­ a massivepulp mill in eastern Latvia ­ risked being torpedoed by Deputy PrimeMinister Ainars Slesers, who said on Aug. 29 that he would make an officialrecommendation that the government reject the investors¹ offer.After having considered all the pros and cons of Baltic Pulp, which theFinnish company Metsaliito has been lobbying for, Slesers said he came tothe conclusion that the project¹s ecological repercussions outweighed itseconomic benefits.Slesers said he would try to convince the governmental working groupconsist...
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