Brief: Linas Agro Group says its controlled companies receive over EUR 11 mln in loans

Akola AB

31/07/2015 07:04

July 31 (Reuters) - Linas Agro Group AB  LNA1L.VL : 
    * Says Swedbank issues over 11 million euro ($12.03 million) 
in loans to producers AS Putnu Fabrika Kekava and SIA 
Lielzeltini, which are AB Linas Agro group controlled companies 
    * Says Putnu Fabrika Kekava has been assigned 9.48 million 
euros, whereas associated company SIA Lielzeltini has been 
assigned 1.91 million euros 
    * Loan will be used to carry out renovations of bird 
enclosures and infrastructure, modernize meat processing plant 
and purchase new equipment 
 
Source text for Eikon:  ID:nVSE5WVw  
     
Further company coverage:  LNA1L.VL  
 
($1 = 0.9143 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))