According to unofficial information obtained by LTV and while the main court case concerning the tragedy, Lithuanian owned Maxima is proposing the sum as a form of settlement to the families of victims killed at the company's Zolitude store in Latvia's worst peacetime disaster.
Not all families have agreed to accept the offer, LTV said.
Maxima announced November 7 it had reached agreement with Zolitude tragedy victims' representatives. So far, however details of this agreement are scant but a press conference Tuesday is expected to clear up the matter.
Zolitude tragedy victims' representative, lawyer Aldis Gobzems confirmed that an agreement had been reached but declined to give details of the deal.
"Knowing how sensitive this process is to society, it would be only correct that before disclosing any information about this agreement, the parties involved should be present," he said.