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Saturday 16.12.2017 | Name days: Alvīne
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Ex-Prime Minister Kalvitis appointed head of Latvijas Gāze

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUDuring a meeting of the Council of Latvijas Gāze on Friday, 14 August, ex-Prime Minister Aigars Kalvitis was chosen for the post of Chairman. Zane Kotane was chosen as member of the board. They will enter their posts on 16 August. Their term is three years, as reported by the company.

Previously, the head of the board of Latvijas Gāze’s shareholder Itera, Juris Savickis, admitted that Kalvitis is one of the five to six candidates for the post of Chairman of Latvijas Gāze. When asked if most candidates are from Latvia, Savickis said that because of the main requirements is good Latvian language skills, those who did not have this skill fell out of the competition in the first selection stage.

Kalvitis had previously refused to comment the information that stated how he supposedly applied for the aforementioned post.

At the end of May 2015, the previous head of Latvijas Gāze, Adrians Davis, announced his decision to leave his post to give way to fresh faces. The term for Davis and four other members of the board ends on 16 August.

Selection of candidates for the post of Chairman of Latvijas Gāze and members of the board was carried out by Pedersen & Partners in June.

Last year, Latvijas Gāze earned EUR 30.07 million, which is 1.9% more than the company earned the year before, according to the company’s unaudited financial account for 2014 submitted to NASDAQ OMX Riga.

Last year, the company sold a total of 1.29 billion m3 of natural gas to its clients. Compared with 2013, natural gas realization volumes have reduced by 10.9%.

Ref: 102.109.109.6578


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