The member of the Management Board of JSC Ventspils nafta and former Investment Director Normunds Stanevics has become the Finance Director of JSC Ventspils nafta as from May 2008. The new Investment Director of JSC Ventspils nafta has studied at the Concordia International University in Tallinn, Estonia and has obtained bachelor's degree in International Business Administration. N.Stanevics is also the Chairman of the Supervisory Council of JSC Preses nams. His previous working experience involves consultations on corporate finances to the leading Latvian, Baltic and Russian companies, institutions and organizations. He is also a member of the American Society of Appraisers. N.Stanevics has worked as a Board Member at the British Chamber of Commerce in Latvia, promoting active cooperation of both countries. He is co-author of the book Economic and Finance Terminology. Joint Stock Company Ventspils nafta is the central holding company in a diverse industrial group whose task is to manage the investments of several subsidiary companies by promoting the group's joint values and the growth in the value of each subsidiary company. The Ventspils nafta concern is working in the following directions: transshipment of crude oil and petroleum products, transport of crude oil and petroleum products by pipelines, real estate management, printing, publishing and navigation. JSC Ventspils nafta Further information - Gundega Vārpa, Public Relations and Advertising Manager tel. 7229793; e-mail: gundega.varpa@vnafta.lv