bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 21.10.2017 | Name days: Severīns, Urzula
LatviaLatvia

Kālija parks considers taking international legal action because of Ventspils Freepor’s behaviour

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUKālija parks shareholders are prepared to launch international legal action against the state of Latvia in relation to the plans of Ventspils Freeport to terminate the land lease contract with the company and take over structures of the terminal that are located on the freeport’s owned territory, as noted by the company’s representatives.

«Attempts by [Chairman of Ventspils Freeport and Ventspils City Council] Aivars Lembergs and the management of Ventspils Freeport to terminate the land lease contract with Kālija parks and take over the terminal is nothing more than an illegal attempt to expropriate the company’s property. Public resources are being exploited to serve Lembergs’ private interests. Lembergs is one of the true beneficiaries from 50% of Kālija parks,» – the company explains.

According to Kālija parks, the rest of the 50% of shareholders are foreign investors. «The decision of Ventspils Freeport to claim Kālija parks’ assets is an attack on foreign investments, which are protected by international law. The Republic of Latvia is responsible for this, because representatives of Ventspils municipality and the ministry make up the majority of Ventspils Freeport’s management board,» – Kālija parks states.

Representatives of the company ask Prime Minister Maris Kucinskis to put an end to this unprecedented property expropriation. If these illegal attempts are not stopped, shareholders of Kālija parks are prepared to take legal action against the state of Latvia.

«These illegal attempts are a signal to all foreign investors that their investments in Latvia can be potentially arbitrarily taken away at any moment if it benefits Ventspils Freeport and/or Aivars Lembergs. There is not a single mention in the contract between Kālija parks and Ventspils Freeport that requires the company to reach a specific cargo turnover level. It would be impossible, considering railway tariffs in Latvia, mutual sanctions between Russia and the European Union and the situation on the world market. All of it has impacted the flow of cargoes carried through Latvia’s ports,» – the company explains.

At the same time, Kālija parks representatives say the management of Ventspils Freeport manages the port from a position of public power. «Kālija parks has already requested Ventspils Freeport management board to apply public rights to this dispute. This would provide more protection to Kālija parks, but Ventpils Freeport board wishes to resolve the case as a private case, as though it were a dispute between two private companies. It only demonstrates the lawlessness of Lembergs’ illegal attempts,» – the company continues.

It should be added that Lembergs announced this week that Ventspils Freeport board has decided to use legal action to terminate the land lease contract with Kālija parks and take over the structures of the terminal that are located on the freeport’s territory.

Lembergs explained this decision with unsatisfactory results of the company.

On 2 September, Ventspils Freeport board decided to ask the freeport’s manager Imants Sarmulis to ensure the preparation of the legal application and its submission to the court in order to terminate the land lease contract, as well as enforcement of penalties and lost revenue from the land lease from Kālija parks and recognize ownership rights of Ventspils Freeport for Kālija parks’ buildings and structures located on the territory of the freeport that is currently leased by Kālija parks.

Throughout the years Kālija parks has been informing Transport Ministry about the non-competitiveness of the tariffs for the use of railway infrastructure in Ventspils’ direction. Unreasonably high tariffs hurt the company’s competitiveness. Latvia has to change its railway tariff policy to help existing terminals attract cargoes, not gradually destroy them, notes the company’s board member Aivars Gobins.

Kālija parks and its shareholders will defend their stance and will use all available legal options in Latvia and international institutions. It is clear to shareholders that as long as Aivars Lembergs has the deciding vote in Ventspils Freeport management and as long as its board members from ministries and Ventspils City Council go along with him, foreign investments in Ventspils Freeport will not be safe, Gobins says.

Baltic Coal Terminal is another association that works at Ventspils Freeport and suffers from the trend, in which terminals are forced to pay money to Ventspils Freeport without any justification. When it comes to companies controlled by Lembergs, however, the situation is completely different. Baltic Juice Terminal often remained without work for years, but Ventspils Freeport took no action to take over its terminal, Gobins said.

Ref: 102.109.109.9811


Leave a reply

Professor: by taking money away from science, the state shoots itself in the foot

The matter regarding insufficient funding for science has recently become more topical in the public space. President of Latvian Academy of Sciences Ojārs Spārītis is rather critical of the situation: Latvia has lied to the European Union and European Commission about making sure that funding for science reaches 1.5% of GDP by 2020.

To prevent fraud, audit of MPC recipients to be performed in Latvia

Latvian Economy Ministry intends to perform an audit of mandatory procurement component recipients and use new regulations to combat fraudulent activities, as confirmed by Economy Minister Arvils Ašeradens.

Rail Baltic procurements to be processed using Electronic Procurements System

Following the changes to Latvian Republic’s Public Procurements Law, all new procurements for Rail Baltica administered by RB RAIL will be processed using a free electronic information system and its e-contest subsystem.

Estonian construction price index pushed up by wages

The construction price index in Estonia has in July-September of 2017 increased by 0.9% in comparison to second quarter this year and by 1.7% from July-September of 2016, Estonian statisticians have estimated.

Surplus of Latvia’s government budget reached 9.5 million euros in 2016

In 2016 general government budget surplus accounted for EUR 9.5 million or 0.04 % of the Gross Domestic Product, whereas general government consolidated gross debt amounted to EUR 10 091.6 million or 40.6 % of the GDP.

Latvia to invest EUR 5.9 million into formation of unified port network

Ports of Riga planning region and Kurzeme planning region have commenced an important tourism project. The goal of this project is creating a unified yacht port network in Latvia and Estonia with quality services that would allow developing sailing tourism and attract foreign sailing enthusiasts in the future, reports the regions’ representative Inese Ozoliņa.

Graft-suspected Tartu deputy mayors resign

In Estonia's second largest city, Tartu, Deputy Mayors Artjom Suvorov and Valvo Semilarski have stepped down from office, Estonian press reported, after the politicians were arrested under suspicion of graft.

Expert: workers of Latvia’s NGO sector have high ‘burnout’ risk

Workers of Latvia’s NGO sector have a high burnout risk, said once the director of Providus Dace Akule in an interview to Latvijas Radio.

Producer: many young people come to work in the film industry

Latvia’s film industry has been steadily growing these past several years, and it is especially gratifying that many young people are coming to work in the industry, says director and producer, representative of Film Angels Productions Jānis Kalējs.

Pollution blamed for every sixth premature death globally

Nine million premature deaths globally in 2015 are said to be related to pollution, a study has found pointing to presence of harmful matter in air, water and workplace as the three main risk factors.

Infectologist: influenza kills biologically the weakest, including children and pregnant women

Influenza is an infection that affects both children and adults. However, it kills those who are biologically weak, says Immunization State Council chairperson and infectologist of Children’s Vaccination Centre Dace Zavadska.

Investor activity made easier between Latvia and Vietnam

An intergovernmental agreement has been signed between the Republic of Latvia and Socialist Republic of Vietnam on prevention of double taxation and tax avoidance in relation to income tax.

Colder masses of air to enter Latvia in coming days; precipitation to be limited

Although high atmospheric pressure will be present above Latvia in the coming days, southern regions in Latvia will experience short-term precipitation on Saturday, 12 October, caused by the cyclone active above Poland. Colder masses of air will enter Latvia in the coming days.

Maltese journalist said to be killed by remotely-controlled explosive

Officials in Malta have unveiled it is assumed that investigative journalist Daphne Caruana Galizia was murdered by an explosive places under her car, which was detonated remotely.

Prime Minister: Latvia cannot accept additional asylum seekers

Latvia cannot afford to resettle additional asylum seekers, said Prime Minister Māris Kučinskis during his meeting with European Commission President Jean-Claude Juncker on Thursday, 19 October.

Scandinavians purchase tourism company in Lithuania; changes expected in Latvia too

Dutch Otravo online travel organization has expanded and has purchased Lithuanian online travel agency Interno Partneris, thereby entering the Baltic market.

Ombudsman: non-citizen status matter should be resolved in next decade

The next ten years may be the transition period to ‘put an end’ to the non-citizen status in Latvia, said ombudsman Juris Jansons in an interview to LTV programme Rīta panorama.

Swedish Foreign Minister: harassment exists at highest political level

The Foreign Affairs Minister of Sweden, Margot Wallström, has commended the current sexual assault and harassment awareness campaign in social media and urged to fellow politicians to address the problem.

Latvenergo recognized as Latvia’s most valuable company for tenth time

Latvenergo has been recognized as Latvia’s most valuable company in 2017. Its value grew 34% in comparison with 2016, according to the TOP 101 list of Latvia’s most valuable companies compiled by Prudentia and Nasdaq Riga.

Number of births and number of deaths decline in Latvia

During the first nine months of this year 15,723 babies were born in Latvia, which is 1,113 children fewer than in the corresponding period of the last year.

CC applies binding conditions for the sale of MTG Broadcasting AB

Latvian Competition Council has decided to permit Bite Lietuva to purchase MTG Broadcasting AB group’s businesses in Latvia. CC has applied several binding conditions to prevent a possible impact on competition on the television services and advertisement market.

Eesti Energia warns: Limiting CO2 emissions on capacity could endanger energy supply

Estonian energy giant Eesti Energia has evaluated that a plan under discussion in the European Union to introduce a carbon dioxide release limit for capacity mechanisms to qualify for subsidies could adversely affect the security of supply in Estonia and the Baltic states.

Solidarity tax norm recognized as non-compliant with Latvia’s Constitution

On Thursday, 19 October, the Constitutional Court of the Republic of Latvia declared the Solidarity tax norm as non-compliant with the country’s Constitution.

Survey: Riga residents go to the doctor’s the most often

34% of residents undergo regular health checks, according to Mana Aptieka & Apotheka health index. In addition, women are twice as serious about health checks as men.

LG cozies up with idea of rebuilding railway tracks to Reņģe, Latvia

Lithuania‘s Lietuvos Geležinkeliai has sent a mixed message as to what it intends to do next following an EC fine of nearly 28 million against it over the dismantling a 19-km railway stretch with the Latvian village of Rengė.