“The company contracted a credit facility for investments from CEC Bank SA, in the amount of RON2,800,000, which will be used to finance the working capital for a 60-month period”, the report reads.
Golden Food Snacks carries out a bond issue of EUR1.1 million, which was listed at the Bucharest Stock Exchange on November 14, 2022 and is due on June 29, 2025, with a coupon of 9.5% per year.
The company recorded net profit of RON2.9 million and a turnover of RON88 million in 2023.