🇱🇻 Ramotti Metal is a small, privately owned company based in Riga, Latvia, founded in 2019. It operates in the electronic waste (e-waste) industry, working mainly across the Baltic region (Latvia, Lithuania, Estonia) and selling to recycling and industrial companies across Europe.
They buy mixed electronic waste such as old electronics, equipment, and components, identify and separate valuable materials inside (like copper, aluminium, and precious-metal-containing parts), and sell these sorted materials to specialized recycling and metallurgical companies that process them further.
Key facts
🔘 Founded: 2019
🔘 Location: Riga, Latvia
🔘 Ownership: 100% owned by Natālija Kuzmiča-Poliščuka
🔘 Business type: E-waste collection, trading, and recycling intermediary
🔘 Operating model: Asset-light (now), moving to own processing facility
🔘 There are 4 employees (small team) with plans to grow to 8-10 people
Financial performance
🔘 Growth:
2023 revenue: ~€656k
2025 revenue: ~€1.0M
🔘 Profit:
2025 net profit: ~€94k
🔘 Future (planned):
2026 revenue: ~€2.1M
2027 revenue: ~€3.4M
Higher profits are expected due to own sorting
Loan details
🔘 Total loan: €575,000
🔘 Purpose: Build their own sorting facility
🔘 Risk score: BBB
🔘 Interest rate: 21% APR
🔘 Term: 9 months
🔘 Debt-to-equity: 4
🔘 LTV: 115%
🔘 Credit history: 8/10
This is another new GEO for our team, and that's another confident step towards worldwide reach!
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