Riga, 2016-11-07 11:11 CET (GLOBE NEWSWIRE) -- The capital raising of Capitalia has been fully subscribed. Following the issue of new ordinary as well as preference shares, the registered share capital of the company will be EUR 500,000. New statutes of the company have been registered with Enterprise register of the Republic of Latvia and available to investors upon request or from corporate website www.capitaliafinance.com. Increase of the share capital will allow the company to strenghten its position as the leading financing provider to small and medium businesses in the Baltic countries.
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Capitalia is the largest non-bank lender to small and medium enterprises in Latvia, Lithuania and Estonia. To date Capitalia has financed working capital and investment needs of more than 1000 companies investing over EUR 20 million in growth of these businesses.
Juris Grišins
Manager
Email: juris.grisins@capitaliafinance.com
Phone: +371 2880 0880