According to the Law on Financial and Capital Market Commission Article 59 parts (1) and (2) JSC "Grobina" informs:

JSC “Grobiņa” on January, 2014 signed a contract with Polish company “Bono Fur Farm” on the purchase of high quality short-haired Scandinavian type mink breeding herd for the new farm in “Ceļmalnieki”, Vērgales district, Pāvilostas region in the total amount of EUR 3 145 000 (partially financed by the credit EUR 1 320 000 and partially financed by the company's own financial resources EUR 1 825 000). As the result, on February, 2014 all purchased mink herd, consisting of 22 000 female minks and 4500 male minks, has been delivered to the new farm.

On January, 2014 JSC “Grobiņa” signed additional agreement on the Credit contract with JSC “Citadele Banka” on receiving additional credit in amount of EUR 2 102 500, from which at the end of January 2014 EUR 1 320 000 was granted for the above mentioned mink herd purchase, but the remaining part EUR 782 500 was granted to partly cover the costs planned on spring 2014 of the new kitchen project for animal feeding. The loan repayment term is till 28.01.2019., with the annual interest rate of 4.2 % + 6 month EURIBOR rate.

On January, 2014 the first part of the construction project “Establishment of fur farm on “Ceļmalnieki”, Vērgales district, Pāvilostas region” was put into exploitation, but already on February also the second part of the construction project was put into exploitation, as the result JSC “Grobina” has fully completed the construction project of the new fur farm in “Ceļmalnieki”, Vērgales district, Pāvilostas region.


 

+ 371 29102585
Argita Jaunsleine
Deputy chairman of the council