JSC “Ventspils nafta” and JSC “Latvijas kuģniecība” business update webcast scheduled for 2.30PM on 25 February 2015


JSC “Ventspils nafta”, one of Latvia’s leading oil product transportation and storage companies, and JSC “Latvijas kuģniecība”, its shipping subsidiary, announce that their 2015 business update presentation will be webcast live on 25 February at 2:30 PM (Latvian time).

The presentation will provide an overview of financial and business performance during 2014. All parties wishing to view the live broadcast can do so by clicking on the following link: http://www.leta.lv/onair/view/ventspils-nafta at the allocated time. 

The presentations will be hosted by Robert Kirkup, Chairman of the Management Boards of JSC “Ventspils nafta” and JSC “Latvijas kuģniecība”; Paul Thomas, Member of the Management Board of JSC “Latvijas kuģniecība”; Ltd Lars Pantzlaff, Managing Director and Member of the Management Board of ““Ventspils nafta” termināls” Ltd; and Ltd Igors Stepanovs, Member of the Management Board and Managing Director of “LatRosTrans”. 

Company representatives will be available for questions after the presentations. Given the limited time available, participants are encouraged to send questions in advance to elina.dobulane@vnafta.lv by 23 February. Questions may also be submitted by SMS to +37 125 959 447 during the presentations. The presentations will be held in English, questions can be asked in Latvian as well as in English.

 

About JSC “Ventspils nafta”

JSC “Ventspils nafta” is one of the largest groups of companies in Latvia and works in the petroleum product transport, transhipment and storage, as well as shipping sector. JSC “Ventspils nafta” is the Group’s parent company, which manages investments in subsidiary companies, by promoting the Group’s joint values and growth in value of each individual company. 

JSC “Ventspils nafta” owns 51% in ““Ventspils nafta” terminals” Ltd, which is the largest crude oil and petroleum product terminal in the Baltics; 66% in “LatRosTrans” Ltd, which is the largest Latvian-Russian joint venture in the Baltics; 49.94% in JSC “Latvijas kuģniecība”, which is among the leading ship owners in the world in the medium-sized and handy tankers category.

Shares of JSC “Ventspils nafta” (NASDAQ OMX RIGA: VNF1R) are quoted in the Baltic Official List of the stock exchange NASDAQ OMX Riga since October 20, 1998.

         Further information:
         
         Elīna Dobulāne, Communications Consultant
         JSC “Ventspils nafta”
         Phone: +371-25959447
         Email: elina.dobulane@vnafta.lv