Lamatem gets EBRD loan

Lamatem gets EBRD loan
Lamatem gets EBRD loan

Lamatem, a Moroccan company specializing in textiles, has just received a loan from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU).

Worth more than 60 million DH (6 million euros), this financing will allow the company to increase its exports to European markets, according to the EBRD. This is the first transaction to benefit from a risk-sharing guarantee offered by the EU in the industrial and infrastructure sectors with the aim of meeting short-term liquidity needs, in the context of the post-pandemic recovery , we specify.

With this loan, Lamatem will strengthen its offer of medical protective equipment and will offer a more diversified range of products to local and European medical suppliers, thanks to the use of a state-of-the-art sterilization machine.

The company will also be able to diversify its energy supply and stimulate the use of renewable energies, with the installation of a solar panel system above its production facilities.

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