Cypriot interest in Stumbras Lithuania

11 December 2003




Cypriot offshore company Risolaco Limited are reported to have purchased a 17% stake in the Stumbras leather producer in Lithuania in late November, according to the LETA news agency. The stake was purchased from Viniaus Kapitalo Vystymo. The largest single shareholder in Stumbras, with a 39% stake, is the Lithuanian company Visuotine Sekme.



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