All articles by Verdict Staff
Verdict Staff
Latvian Nelss sells leasing subsidiary
Latvian Nelss sells leasing subsidiary Swedish Marginalen AB has acquired Latvian lessor Nelss Lizings from building supplies and lumber export corporation Nelss, which had previously owned 95 per cent of shares Nelss Lizings generated Ls1.3m (1.8m) in net sales last year, up 48.6 per cent year-on-year, and made Ls270,300 (384,602) in profit, up 95.7 per cent from 2006