Folla Tech partners with Eksfin

Folla Tech is an export company with its main activity in Follafoss. The export share from Follafoss is about 70%. Our largest markets are Sweden and the UK, but we have recently also had significant deliveries to countries such as Poland and Croatia.

After a long period of work together with Eksfin (Eksportfinansiering Norge) and SMN in Steinkjer, we succeeded in finding a solution where Eksfin can guarantee half of our capital needs for the development of our export markets.

Folla Tech has developed several products that have a significant international market.

Some of our own products and services:

1.                       Complete lines to produce moulded wood fibre board (Folla Forming).

2.                       Bridge for replacement of smaller bridges in the road network (Folla Bridge)

3.                       Machine for immersion of measuring equipment through the hull of ships (Folla Deploy)

4.                       Timing belt gearbox (Folla Drive)

In addition to the above mentioned products we have all of our overhauls of special machines to European industries, where we renovate and overhaul to specification better or equal to new.

All of this has great potential.

Through the agreement we have been able to double the access to capital.  With this contribution, we are equipped to develop both Follafoss and Verdal further.