Wed, 12 Apr 2006: Ekranas files for bankruptcy, Vilniaus Vingis braces for worst…
Apr 12, 2006 Baltics
But the company said it could not operate due to a shortage of working capital. It also said that a glass melting furnace failure had aggravated the situation. Ekranas, which is located in Panev...Tags: Bankruptcy, Bourse, Braces, Ekranas, Electronics Manufacturer, Euros, Failure, Glass Melting Furnace, Net Profit, Vse, Working Capital, Yokes
Wed, 8 Mar 2006: Funai visits troubled Ekranas…
Mar 8, 2006 Baltics
Ekranas CEO Eimutis Zvybas doesn't hide the fact that his company is hundreds of millions of litas in debt and faces working capital problems. What's more, local banks refuse to lend money to the ...Tags: Banks, Capital Problems, Ceo, Claimant, Czech Republic, Ekranas, European Commission, Funai, Litas, March 1, Measures, Money, Picture Tube, Poland, Producers, Rytas, Southeast Asia, Tesla, Thomson, Working Capital
Wed, 8 Mar 2006: Latvia cuts sugar production by 8.6 percent…
Mar 8, 2006 Latvia
Muceniece said if the mills transferred the sugar to next year, it would deplete working capital since the mills can't sell the sugar, only store it at their own expense. If the mills opted for ad...Tags: Agriculture Ministers, Fodder, Jelgava, July 1, Latvia, Liepaja, Shareholders, Stocks, Sugar Production, Sugar Reform, Working Capital
Thu, 28 Oct 1999: Lietuvos Kuras to be privatized for a song…
Oct 28, 1999 Baltics
Lietuvos Kuras, which has over 120 filling stations in Lithuania, has been swimming in debt. A spokesperson at the country's State Property Fund confirmed that Lietuvos Kuras' liabilities came to ...Tags: Ailing Company, Berkel, Debts, Dutch Investors, July 1, Koepke, Kuras, Liabilities, Litas, Lithuania, Netherlands, Spokesperson, State Property Fund, Swimming, Working Capital
Thu, 4 Mar 1999: Lithuania, Williams delay signing deal…
Mar 4, 1999 Lithuania
Williams maintains that the plant's working capital at the end of 1998 was lower than a year before, insisting that the government should cover the difference.The U.S. company also wants to be sur...Tags: Abn Amro Bank, Dutch Bank, Economics Minister, Lithuania, Lithuanian Company, Mid March, Nafta, Oil Terminal, Reconstruction, Refinery, U S Company, Vincas, Western Banks, Working Capital
Thu, 10 Dec 1998: Summed up…
Dec 10, 1998 Baltics
Dvigatel has already done a few test jobs for ABB, such as electric filters, but it's too early to speak about the size of ABB's future orders, Parnits said. He doubted the company would expand be...Tags: Abb, Cooperation, Council Chairman, Debts, Energy Company, Jobs, Kroons, Lietuvos Energija, Parex Bank, Turnover, Working Capital