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Azer News
Azer News
By Trend The European Bank for Reconstruction and Development (EBRD) has extended eight million euro loan to Azerbaijan’s GemZA Group engineering-manufacturing company to meet needs of a new production facility, Trend reports on Dec. 9 referring to EBRD. According to the message, the loan’s allocation is part of the EBRD’s work to support small and medium-sized enterprises (SMEs) in the Caucasus and help to improve their operations and standards. “With EBRD support, GemZA Group aims to expand its production capacity, increase the range of services it offers and become more competitive regardin…