Business
Akola Group controlled company “Linas Agro” secures EUR 30 million financing from international bank Citibank
“Linas Agro”, one of the largest agribusiness companies in Lithuania and part of AB Akola Group, has signed a EUR 30 million working capital financing agreement with Citibank N.A., London Branch. The funds will be used to finance grain purchasing operations at the Port of Klaipeda. This agreement represents one of the few agribusiness financing transactions in Lithuania involving an international commercial bank of this scale. “Entering into a financing agreement with a global bank is a clear si
About this update from Ab Akola Group
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