HansaMatrix has signed agreements with SEB banka and SEB lizings to extend the maturity of factoring, overdraft, guarantee, reverse factoring and loan facilities until November 30, 2023 for aggregate amount of EUR 5.92 million that are used for investments, working capital financing that also include export financing transactions.

Jānis Sams, Chairman of the Management Board informs that HansaMatrix started cooperation with SEB group in December, 2017. The signed extensions of the financing agreements continue the successful cooperation with the bank and ensure the company with necessary and sufficient financing.

Ints Krasts, Management Board member of SEB Latvia: “SEB banka continues standing alogside competitive and innovative Latvian companies, which, despite the current challenges in the global economy, identify and pursue opportunities for development. We are pleased that HansaMatrix has chosen us as its long-term financial partner, and we continue to support the company in the implementation of its plans.” 

Investor and media contact:
Māris Macijevskis, CFA
Member of Management Board, Finance director
Phone: (+371) 6780 0002
E-mail: invest@hansamatrix.com
http://www.hansamatrix.com

About HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial and other high value-added business sectors.