The Investment Director of JSC Ventspils nafta Normunds Stanevics, who was elected as Board Member of JSC Ventspils nafta on February 26, 2008 for a term of three years, has not worked at the Management Board of JSC Ventspils nafta before. Work experience of N.Stanevics during the last three years: March 2007 - present: JSC Ventspils nafta, Investment Director; April 2007 - present: JSC Preses nams, Chairman of the Supervisory Council; December 2004 - present: SIA Eurodeal Advisory Services, Board Member; February 2006 - June 2007: SIA Jaunrīgas attīstības uzņēmums, Board Member; June 2003 - May 2005: British Chamber of Commerce in Latvia, Board Member. N.Stanevics has a Bachelor Degree in International Business Administration. JSC Ventspils nafta is the central holding company of multi-branch concern and its operational purpose is to manage the investments of several subsidiary companies by promoting joint values of the concern and the growth in the value of each subsidiary company. The JSC Ventspils nafta concern is working in the following directions: transshipment of crude oil and petroleum products, transport of crude oil and petroleum products by pipeline, real estate management, printing, publishing and navigation. JSC Ventspils nafta Further information - Gundega Vārpa, tel. 7229793; e-mail: gundega.varpa@vnafta.lv