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activities

IMPORTANT

Attention! The bank details have been changed. All payments for Formiko Hydraulics SIA invoices must be transferred to the company’s bank account LV25CBBR112A988300120 at BluOr Bank, SWIFT CBBRLV22

CREDIT GUARANTEES

Ltd. Formiko Hydraulics, financing has been attracted for working capital with a guarantee granted...
Ltd. Formiko Hydraulics, financing has been attracted for working capital with a guarantee granted by ALTUM as additional collateral for the company's bank liabilities.

EXPORT PROMOTION

FORMIKO HYDRAULICS Ltd. signed an agreement with LIAA on June 26, 2024.
On June 26, 2024, FORMIKO HYDRAULICS Ltd. concluded with LIAA contract no. 17.1-1-L-2024/305 on receiving support for the provision of export support within the project "Innovative business development of SMEs" co-financed by the European Regional Development Fund.

International promotion of competitiveness

Ltd "Formiko HYDRAULICS" April 18, 2016 entered into a contract No. SKV-L-2016/68 by the Latvian Investment and Development Agency for the implementation of the project activity "Growth and Jobs" 3.2.1. specific support objective "To increase high-value-added products and services export ratio" 3.2.1.2. measure 'International promotion of competitiveness "program.