EBRD to give a loan to this Azerbaijani company

14:57 - 1.04.2021


April 1, Fineko/abc.az. The European Bank for Reconstruction & Development (EBRD) will give a 25 million euro loan to company Avrova.

ABC.AZ reports that the purpose of the loan is to purchase new production lines and equipment.

The loan will be given in Azerbaijani manats in two equal tranches.

The 1st tranche will be used to finance a new pasta production line, and the 2nd one to purchase equipment for the production of cookies, cakes and animal feed.

 

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