On associated company “Elme Messer Metalurgs”


Hereby please be informed that during the reconstruction in the joint stock
company “Liepajas metalurgs” in the associated company “Elme Messer Metalurgs”
will be built an oxygen plant. Joint Stock Company “Liepajas metalurgs” owns a
49% of all stocks of “Elme Messer Metalurgs Ltd.”. The total value of this
Project is approx. 17,5 million LVL and this plant is planned to build within
three years. 
For the first period there is planned to rise an investments from funds of
European Union that in the case of successful realization the investments will
be about LVL 600 000,-. 
Ar cieņu,

Jount Stock company "Liepājas metalurgs"
Chairman of the board