The deadline for sale of the assets of insolvent KVV Liepajas Metalurgs, a steel plant based in Liepaja port city in south-western Latvia, has been extended till June 16, Dzintars Hmielevskis, a spokesman for the company’s insolvency administrator said LETA/BNS.
“Adjustments have been made to the timetable for sale
of the assets, considering the vast efforts required for communication with
investors and preparation of information for them,” he said, adding that
the deadline had been extended from March 16 to June 16.
He said so far several investors had already showed interest
in acquiring the steel plant’s assets.
The overall approach to the asset disposal has not changed,
and the insolvency administrator still recomm…
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