Componenta Corporation agreed on a new EUR 2 million working capital loan

Componenta Corporation, Stock Exchange Release, 11 April 2024 at 9.40 a.m. EET

Componenta has agreed on a new working capital loan totaling EUR two (2) million with LocalTapiola Group and Elo Mutual Pension Insurance Company. The loan is to be withdrawn in full on April 12, 2024. The loan period is five years. Other loan terms and conditions are usual.

CEO Sami Sivuranta: "With the now agreed loan, we prepare for Componenta's ongoing and future new product launches and the continuation of the implementation of our own development measures.”

COMPONENTA CORPORATION

Sami Sivuranta
President and CEO

For further information, please contact:
Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Marko Karppinen, CFO, tel. +358 10 403 2101 

Distribution:
NASDAQ Helsinki
Main media
www.componenta.com

 

Componenta Corporation is an international technology company and Finland’s leading contract manufacturer in the machine building industry. Sustainability and customer needs are at the core of the company’s broad technology portfolio. Componenta Corporation manufactures components for its customers, which are global manufacturers of machinery and equipment. The company’s stock is listed on Nasdaq Helsinki. www.componenta.com