The Baltics Today

Liepajas osta LM sold to Russian for only EUR 150,000

Haralds Velmers, insolvency administrator at the defunct metallurgical company Liepajas metalurgs, turned down businessman Kirovs Lipmans' offer to buy a controlling interest in Liepajas osta LM, a subsidiary of Liepajas metalurgs, for EUR 555,000, and instead sold it to another bidder, Konstantin Goncharov, for an amount three-and-a-half times lower – EUR 150,000, the portal reports.... Read more...

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