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Ventspils Lumber: Delays about new sawmill

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Published in issue 38/2002
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The realisation of the projected sawmill Ventspils Lumber in the free port of Ventspils/Latvia has become delayed. According to the group of investors around the Latvian company Fincross Securities in Riga and the St. Petersburg Baltunexim-Bank, this delay to some extent resulted from the currently unclear tax policy ...

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