Home » Business » The owner of the Valdo brand has registered a 1.12 million euro commercial pledge :: Dienas Bizness

The owner of the Valdo brand has registered a 1.12 million euro commercial pledge :: Dienas Bizness

The wholesaler of food products SIA “Voldemārs”, which works under the “Valdo” brand, has registered a commercial pledge with the maximum amount of the secured claim of 1.12 million euros, according to the information published by “Lursoft”.

The commercial pledgee is “Swedbank”.

“Voldemārs” has pledged stocks, intangible assets, physical fixed assets and claim rights. The registered commercial pledge secures the concluded credit line agreement.

The commercial pledge was registered on Monday, February 13.

This is currently the company’s only active commercial pledge.

It has already been announced that the turnover of “Voldemārs” in 2021 increased by 9.2% and was 19.225 million euros, while the company’s profit decreased by 23.4% – to 222,341 euros.

The company “Voldemārs” was registered in 1992, and its share capital is 908,054 euros. The sole owner of the company is Lithuanian citizen Valdemārs Valkiūns.

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