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Wednesday 21.03.2018 | Name days: Una, Unigunde, Dzelme, Benedikts

Ventspils Nafta to pull company stocks from Nasdaq Riga exchange

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUVentspils Nafta Council has decided to pull out 104,479,519 stocks from the official list at Nasdaq Riga exchange. This decision was made by the company council through a vote.

It has also been decided to elect the next VN Council in the following composition: Vladimirs Eggers, Andrea Šlepfere, Varvara Maksimova, Olga Kurenkova, Dmitrijs Judzins, Nataša Mikiene and Ramune Guliokiene. Members of the council will start their three-year term on 2 December 2015. Rubils Jilmazs will discontinue working as deputy chairman of the council.

Two newly-elected members of the council are Nataša Mikiene and Ramune Guliokiene. Mikiene has been working at Vitol Baltics since 2014. She had also worked at Vitol S.A. (Swiss office in Lithuania). Mikiene earned a degree in railway transport engineering at Vilnius Technology and Design College and a degree in transport engineering economy and management at Vilnius Gediminas Technical University. Mikiene does not own any VN stocks.

Guliokiene has been working with different Vitol S.A. business operations since 1996. She has previously worked at Ventspils nafta terminals as customer service director. In parallel to that, she was working as a representative of Ventspils Tank Services S.A. from 2007 to 2009. From 1994 to 1996 she was working as economist, secretary and translator at Mazeikiu Nafta. She graduated from Kaunas University of Technology with Master’s degree in chemical engineering. In 2011, she graduated from Riga Business School with Master’s degree in business administration. Guliokiene owns no stocks in Ventspils nafta.

Ventspils nafta is one of the largest company groups in Latvia. It works in the field of oil product transport, shipping and storage. Ventspils nafta is the parent company. It manages investments in companies part of its group and assess the total value and growth potential of each individual company.

Ventspils nafta owns 51% of stocks in Ventspils nafta terminals, which is the largest oil and oil product handling terminal in Baltic States; 66% of stocks in LatRosTrans, which is a joint Latvian-Russian company in Baltic States; 49.94% of stocks in Latvian shipping company, which is one of the largest ship owners in the medium and handy-type tanker segment in the world.

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