The ten-year maturity loan supports Balticovo’s investments in the construction of aviary production houses and rearing poultry houses, as well as a new egg-sorting line. Through these investments, the company’s production capacity is expected to increase by almost 50%.
“Our long-term financing is essential for a mid-cap company to diversify funding sources and secure continuous growth,” said Kaspars Piladzis, Senior Banker and Country Lead for Latvia at NIB. “The investments wil...