Enviro granted renewed loan of MSEK 6.5 associated with Åsensbruk operations
Scandinavian Enviro Systems‘ subsidiary Tyre Recycling in Sweden AB (TYRE), in which the operations of the proprietorially owned recycling plant in Åsensbruk are conducted, has been granted a loan of MSEK 6.5 by Dalslands Sparbank.
The loan has a repayment period of eight years and is underwritten by the Parent Company through a guarantee. TYRE had previously raised a loan with Dalslands Sparbank but this was fully repaid in March. The loan will mainly be utilised for investments and validation in the existing plant in Åsensbruk.
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