Safa Marine Industries Ltd
Asia
Region
0.7
Investment (MNOK)
Exit
Status
Norfund invested in this factory in 2004. Safa Marine Industries manufactures fishery equipment and nets for the local fishing industry. The objective was to obtain working capital in order to fulfil export orders. Norfund has invested a total of NOK 500 000. The loan has not been serviced and legal action has been taken, but the legal prosess is very slow.

Key information
- Sector:
- Scalable enterprises
- Investment (MNOK):
- 0.7
- Year:
- 2003
- Region:
- Asia
- Country:
- India
- Domicile:
- India
- Instrument:
- Loans
- Status:
- Exit
- Mandate:
- Development