OREANDA-NEWS. AS Linda Nektar (‘The Company’) continues its investment programme initiated earlier this year according to plan. This is in part funded by investors who participated in the capital raising and admission to trading of the Company’s shares on Nasdaq Baltic First North Market in May 2015.

This includes the purchase of key production machinery for existing product capacity expansion as well as the initial roll-out of the Company’s proprietary technology in the field of aroma recovery.

Moreover, a part of the investment programme has been granted government support from the Estonian Agricultural Registers and Information Board (ARIB, Estonian: PRIA) and Enterprise Estonia (EAS). These sums have no direct income statement effect, however, they have the effect of reducing the ultimate cost of the investments. Facts and figures pertaining to the PRIA support can be found at the following address: http://www.pria.ee/docs/receivers/2327.xlsx

AS Linda Nektar is an 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 and findings in the field of aroma recovery have proven their feasibility. Implementing these together with geographical expansion will be key focal points in the coming years.

The shares of Linda Nektar are admitted to trading on Nasdaq Baltic First North Market.