Brivais vilnis
On impact of temporary ban of Russia on the export of production to the JSC „Brivais vilnis” activities
Brivais vilnis 04.06.2015 08:55 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Salacgriva, Latvia, 2015-06-04 08:55 CEST (GLOBE NEWSWIRE) -- The JSC 'Brivais vilnis' informs that, despite the temporary ban of the Russian Federation on the export of our products to the Russian Federation, the company will not stop its activities. As from the beginning of this year the volume of production that previously was sent to Russia, had fallen to 15% of the company's production. Created real damages are not so significant for the company to think about its termination. The company will restart its work in August, 2015. Currently we intensively are searching for alternative product markets in other countries that will successfully solve arisen problems. Next week the management of the company is going to China to agree on concrete product supplies. Arnolds Babris Chairman of the Board of the JSC 'Brivais vilnis' News Source: NASDAQ OMX 04.06.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Brivais vilnis Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000100824 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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