In view of the global economic crisis which has hit a very important agricultural sector in Latvian, joint stock company (hereinafter - JSC) "LATVIJAS ZOOVETAPGĀDE” the existing Board will make every effort to improve the quality of veterinary services in complex, involving scientific research sector in promoting new quality products, technologies and services in the Latvian market. JSC „LATVIJAS ZOOVETAPGĀDE” tasks are based on general trends and development in Latvian agriculture, also in Europe. Given the continuing weak and confused situation in agriculture, especially dairy, JSC „LATVIJAS ZOOVETAPGĀDE” has more intensively forced to think and plan how to stay in the market, maintaining the existing options, for years and successfully establishing a stable system. JSC „LATVIJAS ZOOVETAPGĀDE” is more step to think how fast the overall economic benefits to Latvia no particular a whirlpool of events to keep existing customers and new customers be interesting to the eyes, keeping the current service.
The Board of JSC „LATVIJAS ZOOVETAPGĀDE” wishes to take all necessary actions to stabilize competitivenes of company in the market. Unfortunately, meeting these targets is impossible, because there is a range of proceedings, and until the judgments in those proceedings will come into force, stabilize the company and the company contracted to perform the obligations and it is practically impossible.
We wish to point out that two of the most significant proceedings are:
1) The requirement of shareholders' Annual General Meeting of July 24, 2008 invalidating of decisions who already has been built.
2) JSC „LATVIJAS ZOOVETAPGĀDE” claim for loss from former Management and Supervisory Board members.
In 2011 company complained to the State Revenue Service Tax Department Riga Pārdaugavas customer service center section with a request to suspend business temporarily in order to reduce the administrative burden associated with the company's daily operation and maintenance.
JSC "LATVIJAS ZOOVETAPGĀDE"
Chairman of the Board Aldis Taurītis