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Wednesday 24.01.2018 | Name days: Krišs, Eglons, Ksenija

Koziols establishes new company to operate with the newspaper Diena parcel of shares

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Viesturs Koziols

The owner of the New Media Group A/S Diena parcel of shares, Viesturs Koziols through his other enterprise – SIA Žurnāli , has founded a new company – A/S Žurnāli un diena, according to the information provided by the company of business register service Lursoft.

Koziols affirmed the business portal Nozare.lv that this company has been established to manage the Diena parcel of shares (51% of shares), and for the time being, it will be the only purpose of the newly-established company.

The people selected for the company’s management team are Koziol’s acquintances, with whom he has already worked with previously and who are said to be the professionals of their field. The fixed capital of the new enterprise is one million lats, and all of the shares are owned by Koziol’s firm SIA Žurnāli, which issued a journal Republika.lv from 17 February 2006 to 20 April 2007. The overall amount of the issues at the time was a little more than 60 issues of the journal.

The only board member of A/S Žurnāli and Diena is Koziols himself, while the appointed council members are the citizen of Israel and Norway, Gilads Regevs, who is the chairman of the council; as well as Einars Graudins and Baiaba Krievina-Sutora.

According to information provided by Firmas.lv, Regevs, through the company SIA YDY, owns 25% of Riga-based investment company SIA Bridge Capital shares. The other participant of Bridge Capital with 25% of shares is Lithuanian businessman Jons Tamulis, while London-registrated company Winston and Winston Limited owns 50% of the shares. Among the company’s clients were such well-known companies in Latvia as Parex Bank and airBaltic, according to information from the firm’s home page.

In his Linkedin profile, Regev points out that he has not been working in Bridge Capital since December of the last year, and has established a new enterprise- GCapital. However, a company with this name has not been registered in Latvia.

The information available on the public databases provides evidence that Regevs was involved in business undertaking with the new co-owner of Diena. At that time in 2005, Koziols with his partners –Ainars Slesers and Tormod Stēn-Johansen– sold some of SIA Aiviekstes birojs shares to Irish company Sigma Private Equity Limited. Regevs became the board member of SIA Aiviekstes birojs after this undertaking.

Until the year 2006, the co-owner of Bridge Capital and Regev’s partner was entrepreneur Vladimirs Solomatins, who was involved in Ventspils transit business, according to the information indicated in Firmas.lv.

While, the member of A/S Žurnāli and Diena, Graudins is publicly known as the board member of party Demokrāti.lv. He was the co-owner and official of several obscure; possibly, with real estate projects affiliated enterprises, and is also a member of Latvia the Reserve Officers Association.

The A/S Žurnāli and diena council’s deputy chairman – legal adviser, Krievina –Sutora, is a member of the executive board in several other Koziol’s companies, for instance, SIA Investīciju mērķprojekti, SIA Sports un SIA WEB projekti, according to Firmas.lv suggested information.

As reported, Koziols purchased 51% of A/S Diena shares, but 49% were left in ownership of the Rowland family. The entrepreneur did not reveal the money sum of this transaction, but pointed out that the conditions have been very favourable for him.


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  1. Buddy says:

    Kudos to you! I hadn’t tohguht of that!

    Thumb up 0 Thumb down 0

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