Man-Tess, Implicated in the Sarkandaugava Stench Scandal, Changes Its Name

SIA Man-Tess gained wider resonance in 2012 in the so-called Sarkandaugava stench scandal. From 1991 until 2011 the sole owner of the company was Jūlijs Krūmiņš. It is true that, as he himself explained, with the change of political course in the country, he sold the oil business to the Netherlands-registered company Alandam Capital BV and headed off to Australia in search of a quieter life. It is true, however, that information available online about Alandam Capital BV suggests that the true beneficial owners are to be sought in Russia.

The first part of the company name comes from the word Mangaļsala. "Tess," meanwhile, comes from a Swedish company, as until 1991 ManTess was a joint venture.

19.12.1991 - SIA Man-Tess registered (owner - Jūlijs Krūmiņš)

19.05.2011 - SIA Man-Tess is sold to the Netherlands-registered company Alandam Capital BV

21.09.2012 - The State Environmental Service (VVD) suspends Man-Tess operations for 3 days due to serious violations in the oil transhipment process.

22.11.2012 - SIA Pars Termināls is registered (chairman of the board - Russian citizen Semyon Sazonov), owned by two companies registered in Cyprus (Gertynoir Holdings Limited and Mattell Alliance Limited)

27.05.2013 - A commercial pledge is registered against Gertynoir Holdings Limited, with SIA Pars Termināls named as debtor

28.06.2013 - A commercial pledge is registered against SIA Man-Tess, with SIA Pars Termināls named as debtor

03.07.2013 - SIA Man-Tess changes its name to SIA T2 Terminal.