Lithuania: Klaipedos Smelte Ink Loan Agreement with EBRD and SEB Bank

Klaipedos Smelte Ink Loan Agreement with EBRD and SEB Bank

At the end of year 2012 Klaipedos Smelte signed loan agreement with the European Bank for Reconstruction and Development (EBRD) and SEB Bank’s for construction container hub in Klaipeda.

The total loan amount is 65 million Euro.

The construction of a modern container distribution center in the port of Klaipeda is expected to attract ocean-going containerships from South and North America and other distant countries.

[mappress]

Source: smelte, January 10, 2013