Dotnuva Baltic receives EUR 34.2 million euros funding from Luminor

Luminor became the main bank of Dotnuva Baltic and provided the company with 34.2 million euro funding. The loans are intended for working capital of companies running businesses in Lithuania, Latvia and Estonia, for the construction of a new seed warehouse in Lithuania and for the development of the agricultural machinery rental business.

To date, Luminor has been cooperating with Dotnuva Baltic through its subsidiary Luminor Lizingas.

Dotnuva Baltic represents well-known agricultural machinery manufacturers Case IH, Agrifac, Kverneland, MacDon and others. The company designs and builds grain storage and preparation facilities Cimbria, Bin, installs milking robots Boumatic and other farm equipment, sells regulated drainage equipment. An important part of business is the preparation of certified seeds ‘Dotnuva Seeds’- the company operates one of the largest seed factories in the Baltic States.