ZGI-4 has invested in SIA Bio Investments, a Latvian microbiological fertilizer manufacturer, to advance its production capabilities and address the rising demand for sustainable agricultural products.

Information on the Target

SIA Bio Investments, a Latvian manufacturer of microbiological fertilizers, is set to enhance its production capabilities with the support of local growth capital fund ZGI-4. The company's strategy focuses on producing microbiological fertilizers and plant protection agents, addressing the increasing demand for chemical-free agricultural products.

This investment will enable Bio Investments to modernize its facility by acquiring powerful bioreactor lines and securing working capital funding. Such enhancements are essential for their growth strategy, which aims to automate processes and expand product lines that cater to both retail and professional farming sectors.

Industry Overview in Latvia

The agricultural sector is a fundamental part of Latvia's economy, with crop production alone accounting for nearly 1 billion euros. Utilizing 1.96 million hectares of land, which constitutes 36% of the country's total area,