"Valmieras stikla skiedra" officially launches one-stage fiber facilities
Today, new one-stage fiber facilities at the joint-stock company "Valmieras stikla skiedra" (Valmiera Fiberglass, VSS) will be officially launched in Valmiera.
Today, new one-stage fiber facilities at the joint-stock company "Valmieras stikla skiedra" (Valmiera Fiberglass, VSS) will be officially launched in Valmiera.
A press conference is scheduled at the plant at 2:10 p.m. today with participation of Latvian Privatization Agency (LPA) Director General Janis Naglis.
As LETA was informed by the consultant at the PR agency "Premiers", Juris Radus, the major VSS shareholder, "Glasseiden Gmbh Oschatz" would have now implemented all conditions set by the privatization agreement and the privatization process could be regarded as completed.
"Glasseiden GmbH Oschatz" has invested DEM 25 million into the new facilities at VSS, while VSS investment is above LVL 1.2 million. "Glasseiden GmbH Oschatz" has invested the total of DEM 35 million into development of VSS over five years.
"Glasseiden GmbH Oschatz" has also introduced "know how" strategy that is one of the cornerstones for the company's success.
LETA LETA
A press conference is scheduled at the plant at 2:10 p.m. today with participation of Latvian Privatization Agency (LPA) Director General Janis Naglis.
As LETA was informed by the consultant at the PR agency "Premiers", Juris Radus, the major VSS shareholder, "Glasseiden Gmbh Oschatz" would have now implemented all conditions set by the privatization agreement and the privatization process could be regarded as completed.
"Glasseiden GmbH Oschatz" has invested DEM 25 million into the new facilities at VSS, while VSS investment is above LVL 1.2 million. "Glasseiden GmbH Oschatz" has invested the total of DEM 35 million into development of VSS over five years.
"Glasseiden GmbH Oschatz" has also introduced "know how" strategy that is one of the cornerstones for the company's success.
LETA LETA