Eco Baltia

Iterum (formerly PET Baltija) opened a new PET bottle processing plant in Olaine, Latvia, with a capacity of 80,000 tons per year. The company invested over €10 million in the new factory, with total investments exceeding €35 million.

INVL Baltic Sea Growth Fund and its portfolio company Eco Baltia completed the acquisition of 70% of shares in Metal-Plast, Poland's largest PVC recycler. Eco Baltia holds 38.5% and INVL holds 31.5%, while founder Family Foundation SIDN retains 30%.