Svea Gets State Loan Guarantee
Ljubljana, 13 June - The government approved on Thursday a EUR 1.4m short-term loan plus a EUR 3.6m guarantee for a liquidity loan for kitchen maker Svea, which will be conditional on a EUR 6m debt-to-equity conversion by banks and additional commitments by the company and the Zagorje municipality, where it is based.
Ljubljana
Kitchen maker Svea.
Photo: Tamino Petelinšek/STA
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