AS Citadele bank approves credit line financing fo
Post# of 301275
Riga, 2017-01-04 13:10 CET (GLOBE NEWSWIRE) -- On the December 27th, 2016 AS HansaMatrix signed a credit line agreement with AS Citadele bank that add financing of 600 thousand euro. Additional working capital availability supports further growth of Company’s sales volume.
According to shareholder and CEO, Ilmars Osmanis: “The additional credit line financing will allow us to full fill larger orders and increase sales volumes for customers in industrial market segment”.
‘’Financing of manufacturing companies is one of the top priorities of AS Citadele Banka, because this means development of the manufacturing, creation of new workplaces, growing export potential, development of the company and country as a whole. Every kind of manufacturing is very important for economics of Latvia, but especially, contribution of companies with global competitiveness potential like AS HansaMatrix’’, says AS Citadele banka Head of Corporate and SME Service Sector Sanita Bajāre.
Investor and media contact:
Zanda Lapāne Assistant to the CEO Phone: (+371) 6780 0002 e-mail: invest@hansamatrix.com
About AS HansaMatrix
HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments. In addition to complete manufacturing services of OEM products, the company offers an ODM business model to both start-up and established companies that seek product development partnerships
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