Tuesday, 08 April 2014
Russian-Ukrainian crisis may ruin Latvian sprats producers
Latvian sprats producing plants reduce productions one by one and prepare to suspend operations.
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- Russian-Ukrainian crisis is negatively reflected on Latvian producers of sprats, whose main sales market is Russian Federation and other CIS countries.
- Problems with exports compelled a number of firms to shorten working hours. OOO Gamma-A is going to stop work completely for 2-3 summer months, according to executive director of the enterprise Ivar Putsinsh. Such decision is caused by several factors: instability of currencies of the CIS countries, situation in Ukraine, possibility of sanctions.
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