Estonian company Fibenol investing up to €700 million to develop a biorefinery in Latvia

On March 15, a Memorandum of Understanding was signed between the Estonian company Fibenol OÜ and the Ministries of Economy, Finance, Agriculture, Climate and Energy and the Investment and Development Agency of Latvia (LIAA) on the implementation of an investment project with a total investment of 600 to 700 million euros. “Coming from Estonia, we …

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