Grobina, 2012-05-09 12:11 CEST (GLOBE NEWSWIRE) -- According to financial instruments, Market law, article 59 parts (1) and (2), point 14th, the board of JSC “Grobina” informs that on the April, 2012 the project of the board of the JSC „Grobina” was carried out successfully. 22 000 pregnant mink females (high quality Scandinavian type short haired breeding herd) from Poland fur farm were imported into disinfected farm of JSC “Grobina”. The aforementioned project was fully carried out with support of AS „ABLV” bank, which granted the necessary funding for the project - EUR 1 278 500 for period till 10.10.2014.; with the reimbursment of the loan in 2 parts- EUR 639 000 till 10.10.2013. and EUR 639 000 till 10.10.2014.
Therefore, the board of JSC „Grobina” believes, that within the year 2012, the JSC will succeed to raise the amount of production, by breeding more than 100`000 high quality Scandinavian type minks. Which will increase the profitability and ensure stable economic activity of JSC „Grobiņa”.
Argita Jaunsleine
Deputy chairman of the Council
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