Latvia-based iCotton, a producer of wet wipes, diapers and cotton hygiene goods, has invested €8.1m (US$9.1m) in a new production line using co-financing from Citadele bank, reports the LETA news agency.
iCotton is one of the leading cotton products producers in the Baltics, performing full processes from nonwoven fabric to cotton pads and other products.
The new production line should boost the company’s turnover by at least five times, it is reported.
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