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AS “Rīgas siltums” has secured a loan of 25 million euros to bolster its working capital. The company intends to utilize the funds to manage cash flow, addressing the challenges posed by fluctuating thermal energy resource costs, specifically gas and wood pellets. AS “Rīgas siltums” is the primary heat supplier for Riga.

Topics: #loan #million #euros

One thought on ““Rīgas siltum” receives a loan of 25 million euros”
  1. This loan should provide much-needed stability for Rīgas siltum as energy prices continue to shift.

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