The Estonian government on July 22 approved the terms of a 37-million-euro loan to Alexela Grupp.
Prime Minister Juri Ratas said at a government press conference on Thursday that the government has approved the main terms of Alexela's working capital and capital loan.
The term of the loan issued by Kredex is up to five years, the interest is 12-month Euribor plus 2 percent per annum and the contract fee is 0.2 percent of the loan limit amount, government spokespeople said.
The loan limit can be used in installments -- the minimum ...
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