& # 39; Dobelins dzirnavnieks & # 39; would borrow 14 million euros from Swedbank

In order to enable farmers to make their payments as quickly as possible during this difficult agricultural season for grain deliveries to JSC's "Dobelne dzirnavnieks" grain mills, the company signed a loan agreement with Swedbank to finance 14 million d & # 39; euros. Swedbank ".
"In the long run, the availability of these funds will allow Dobele Dzirnavnieks to pay farmers as soon as possible for their grain purchases so that they can prepare themselves adequately for next season's planting. We have historically developed a fruitful cooperation with the leading Latvian grain processing company.The CEO of the business administration of Swedbank, Ieva Vigante

said Kristaps Amsils, chairman of the board of directors of Dobele Dzirnavnieka, who plans to Buy this year more than 300 000 tons of grain: "In recent years" Dobele Miller "has experienced a very dynamic growth – last year we processed 226 000 tons of cereals, or 39 000 tons of more than a year ago, and we also plan to increase our production capacity this year. We continue to work on improving the grain receiving, storage and pre-processing process. Providing efficient raw materials and long-term successful cooperation with grain suppliers is the basis of our production. "

" Dobele Dzirnavnieks "cooperated with more than 550 grain suppliers in 2017, 90% of whom were local farmers.

Swedbank performance indicators in Q1 2018 indicate that the volume of new loans is increasing – Au total, Swedbank's new funding climbs in the first quarter to 183 million euros, one-third more than the same period last year, with more than 108 million euros, more than 40%, attributed to companies .the highest activity in the first quarter.