Last update: 30.11.2024 12:37 (GMT+2)
Rakvere Lihakombinaat NEWS RELEASE 06/09/2003 09:30
LATVIAN'S DECISION TO IMPOSE IMPORT TARIFFS
On June 5th the Latvian Parliament approved a bill by which import
tariffs on pork would be introduced.
Due to large volumes of pork sold by Rakvere Meat Factory on the
Latvian market this decision may have a certain effect on the business
results of the company. Rakvere Meat Factory anticipated the possible
introduction of protective measure by the Republic of Latvia and has
therefore prepared alternative action plans to minimise the impact.
When the alternative plans will be introduced remains to be decided.
Olle Horm
Chairman of the Board
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