JSC  "Kaija"  is  selling  3  ha  of  land  that  is redundant from the

development  prospects.  The  money  will be spent on restructuring the

company  debts,  thus  promoting  the renovation of production units in

compliance with the EU standards, as well as on the increase of current

assets  to pay off debt and to increase the output. The main short-term

objective  of  the  company  is  to  restore the production back to the

regular  volumes  and  to bring the production units in compliance with

the  EU  standards,  to  be  able  to  start  exporting to the European

markets.