JSC Liepājas Metalurgs informs that one of the Company’s creditors – steel trader Stemcor UK Limited – would like to recover losses in the amount of USD 18 978 897 (LVL 10 191 666.47) jointly from JSC Liepājas Metalurgs and LSEZ JSC Liepājas Osta LM. A corresponding claim application has been submitted to the Court of Kurzeme.

The Court of Kurzeme has accepted this claim and plan to review it on 12.11.2013.

Neither JSC Liepājas Metalurgs or LSEZ JSC Liepājas Osta LM recognizes this claim.

Līga Šenfelde
Assistant to the Chief Economist
63455926, shenfelde@metalurgs.lv