As BNN reports on August 7th, 2012 Dr. Rudolf Meroni reports good results for the companies he leads in Latvia. Dr. Rudolf Meroni is a well known lawyer from Switzerland.
The full length article can be found in the BNN portal in English, Latvian and Russian.
Read an abstract here … »Read More
This really is a sad story for Latvia and its law system: the Baltic News Network reports on July 26, 2012, that the story around falsifications and fraud around Aivars Lembergs continues without any intervention from the latvian legal system.
The article in BNN-NEWS.COM reports as follows (see also the latvian version): »Read More
On February 14th, 2011 AS Ventbunkers published a press release concerning the ongoing conflict with LUKOIL daughter company LITASCO.
“Riga, Latvia: Uldis Augulis, the Latvian Minister of Transportation, held an emergency meeting on February 9th, 2011. The meeting was held to find a solution to the 1700 rail car tankers Lukoil subsidiary Litasco has backing up the Latvian railway system.
The meeting took place at 4 pm in the Ministry of Transportation. Representatives from the Ministry, Latvian Railways (LDZ), Latvian customs authority, Ventbunkers (VBU) and Litasco attended. All parties were summoned to find a solution to the emergency situation on the railways caused by 1700 railcar tankers containing Litasco fuel oil.
…”
The full press release as PDF file: 20110214-VBU eng 14.02.2011
Riga, Latvia: Uldis Augulis, the Latvian Minister of Transportation, held an emergency meeting on February 9th, 2011. The meeting was held to find a solution to the 1700 rail car tankers Lukoil subsidiary Litasco has backing up the Latvian railway system.
The meeting took place at 4 pm in the Ministry of Transportation. Representatives from the Ministry, Latvian Railways (LDZ), Latvian customs authority, Ventbunkers (VBU) and Litasco attended. All parties were summoned to find a solution to the emergency situation on the railways caused by 1700 railcar tankers containing Litasco fuel oil.
The latvian online medium kapitals.lv reports on their article dated Febuary 10, 2011, that loading the oil from the Ventbunkers terminals finally started.
This is the first step to solve the horrible situation for the blockes terminals of Ventbunkers in Ventspils port.
Read more in kapitals.lv.
In their article dated January 19, 2011 – the online platform manaventspils.lv reports on the LUKOIL daughter company LITASCO trying to blackmail AS Ventbunkers.
LITASCO wants to prolong their contract with Ventbunkers – which expired end of December 2010. They try to force Ventbunkers by blocking their terminals.
The full article can be found in manaventspils.lv
Ventbunkers press release:
Lukoil subsidiary Litasco, in dispute with Ventbunkers, begins a misleading propaganda campaign trying to influence even Latvian Ministers.
The CEO of Litasco, Sergey Chaplygin, arrived in Riga, Latvia at the beginning of the week – not to resolve problems with A/S Ventbunkers (VBU), but to wage a propaganda campaign and spread false information to journalists.
Litasco, in breach of contract, still refuses to lift 120,000 metric tons of their fuel oil from Ventbunkers terminal. With this act Litasco has paralyzed the fuel oil transit business through the port of Ventspils. The Litasco CEO Sergey Chaplygin arrived earlier this week with other Litasco managers. So far they have met with the Minister of Justice Aigars Stokenbergs.
The press release for full reading: Lukoil subsidiary Litasco, in dispute with Ventbunkers »Read More
Ventbunkers press release
Ventbunkers / LUKOIL daughter Litasco negotiations without result. Will the Latvian government intervene?
Rudolf Meroni, chairman of A/S Ventbunkers Supervisory Board, informs that the negotiations between Ventbunkers and the Lukoil subsidiary Litasco did not lead to any result because of the totally unreasonable position of Litasco. Ventbunkers will call for the intervention of the Latvian Government.
On Friday evening a second meeting between the two teams of A/s Ventbunkers (VBU) headed by Dr. Rudolf Meroni, the Chairman of the Supervisory Board, and Litasco’s CEO, Sergei Chaplygin, took place in Zurich, Switzerland. Unfortunately, the meeting did not bring any results, because of the totally unreasonable position of Litasco. VBU had submitted a proposal to Litasco to lift its fuel oil and to effect the payment of a hidden amount of 20 million EUR.
You may want to read the full press release: Ventbunkers / LITASCO negotiations without result »Read More
Ventbunkers press release
Ventbunkers hopes for better results in the negotiations with Litasco
A meeting in Zurich earlier this week, between Litasco and Ventbunkers (VBU), ended with no real results because Litasco decided to play some games. The VBU management hopes for better results at the next round of talks scheduled for today, January 28.
“At least we were able to sit down at one table with the CEO of Litasco, Mr. Chaplygin,” stated Rudolf Meroni, Chairman of the VBU Supervisory Board. ‘This in itself is an achievement, something the VBU management was waiting for. A problem of this magnitude should be resolved without delay. We need results and we need them now. Every day is costing hundred thousand USD or more, but Litasco prefers to play games.“
Read the full press release: Ventbunkers negotiating with LITASCO
The latvian online platform frut.lv reports in their article dated January 21st, 2011 on the ongoing battle between LUKOIL daugher company LITASCO and Ventbunkers. LITASCO blocks the Ventbunkers terminals by not taking their oil. The complete railroad system of Latvia is blocked as thousands of railcars are waiting to be unloaded at the Ventbunkers terminals.
You will find the full article about LITASCO at frut.lv
Ventbunkers Press Release
Rudolf Meroni (A/s Ventbunkers) and Sergei Chaplygin (Litasco SA) return to the negotiation table
Dr. Rudolf Meroni the Chairman of the Supervisory Board of A/s Ventbunkers (VBU) informed that after weeks of a stalemate in the dispute with the Lukoil subsidiary Litasco, the parties have agreed on negotiations to discuss the problems regarding oil fuel stored at the Ventbunkers terminal located in the port city of Ventspils, Latvia.
Read the full press release: Rudolf Meroni (Ventbunkers) and Sergei Chaplygin (Litasco)
