2021 was the Company's tenth year of operation and was characterized by moderate growth.

In the grain farming sector, the season was relatively successful for most clients. In the second half of the year, prices for raw materials - mainly fertilizers - increased significantly. However, the high level of grain and rapeseed prices on the stock exchange allows to look optimistic to the next season.

The total interest income of the Company increased by 3,6% in 2021 comparing to previous year and exceeded 1.3 M EUR. The total assets exceeded 9,6 M EUR in the end year and exceeded last season’s level by 18%.. In general, the Company's operations in 2021 can be assessed positively.

In 2022 the Company plans a higher growth rate than in 2021. The company plans further growth of financing amounts in 2022, by increasing its recognition in the market and offering convenient and modern services to its customers and cooperation partners.

         Ģirts Vinters
         Chairman of the Board
         Phone +371 29445225
         girts.vinters@agrocredit.lv