August 5th, 2015
This morning news media have written about the Karksi-based wine factory in Southern Estonia http://www.sakala.ajaleht.ee/3283669/karksi-veinitehas-lopetab-tegevuse (unrelated to AS Linda Nektar). The news story quoted the head of AS A Le Coq, Mr. Tarmo Noop, stating that a new supply agreement had been entered into with AS Linda Nektar (‘The Company’).
In the ordinary course of business AS Linda Nektar has entered into an additional supply agreement with Tartu-based AS A Le Coq to supply apple-based wine. The contract is worth at least EUR 2m over a 3 year period.
AS Linda Nektar is an established Estonian-based beverage company with origins in the 1940s. The company is providing fermented beverages for the drinks industry focusing on unpacked fruit wines under a Business-to-Business model. The company’s production facility is located in a logistically favourable position relative to the Baltic and Northern European markets.
Extensive R&D efforts have led to breakthroughs in the field of aroma stripping and recovery and this, along with the planned geographical expansion, will be the key focal points in the coming years.
The shares of Linda Nektar are admitted to trading on Nasdaq Baltic First North Market.
The Certified Adviser for AS Linda Nektar is AS LHV Pank
Information prepared by:
Kadri Rauba
AS Linda Nektar
CEO
Address: Kobela Borough, Antsla vald, 66407 Võrumaa, Estonia
Phone: +372 5295769
E-mail: info@lindanektar.ee