Thu, 28 Oct 1999: Summed up…
Oct 28, 1999 Baltics
companies CME International and Caterpillar Power Ventures. Terms obligate the companies to invest $70 million in renovation. The U.S. companies will hold 75 percent with the remaining shares held...Tags: Assets, Atm Machines, Caterpillar, Cesis, Cme, Daugavpils, Jelgava, Latvijas Krajbanka, Liepaja City Council, Ogre, Power Ventures, Renovation, Riga, Tolaram, Valmiera, Ventspils, Visa Cards, Visa International, Visa System
Thu, 21 Oct 1999: Tolaram bets on the right horse with paper mill…
Oct 21, 1999 Baltics
At Horizon, Tolaram ended a 57 year tradition of state ownership by acquiring the bankrupt plant from the Estonian government in 1995; since then, Tolaram has invested $12 million in the factory, ...Tags: Baltic, Bets, Capitalist Economies, Daisy, Estonian Government, Horizon, Imperative, International Finance Corporation, Money, Toilet Paper, Tolaram, Tradition
Thu, 14 Oct 1999: Fiber plant saved by local fuel firm…
Oct 14, 1999 Baltics
Tolaram has turned operations over to the six-year-old Stalkers fuel concern, which operates out of the east Latvian city of Daugavpils. The new operator has promised put more than half the employ...Tags: European Investors, Fiber Plant, Government Aid, Latvian City, Latvian Privatization Agency, Tolaram