OTP Bank Romania granted financing amounting to 24 million lei for the local manufacturer of disinfectants for professional and medical use, Klintensiv.
The financing will be used for new investments in production capacity and product portfolio development, but also for working capital to support commercial contracts concluded this year.
“We have a strong commitment to the local economy, which we pursue by financing and developing long-term partnerships with local companies and manufacturers. We want these funds to go towards local sustainable businesses, with an impact on the local economy, and through the partnership with Klintensiv we succeed in supporting technological evolution and new jobs at a key local manufacturer, that supplies necessary products for the medical field. We have a positive perspective for the local economy and we manage, through collaboration and specialized consulting, to identify solutions adapted for specific sectors”, said Roxana Hidan, Deputy CEO, Business Division Coordinator, OTP Bank Romania.
By the end of this year, Klintensiv® plans to acquire a new production line and continue the strategy of developing its product portfolio, especially in the segment of organic cosmetics and personal care.