EBRD and DEG finance Azerbaijan’s leading supermarket chain Araz

Finance
  • 04 July, 2019
  • 07:06
EBRD and DEG finance Azerbaijan’s leading supermarket chain Araz

Consumers and food producers in Azerbaijan will benefit as the country’s largest supermarket chain, Araz, is expanding its distribution and warehouse capacity.

The EBRD and Germany’s Development Finance Institution DEG are financing the plans with loans worth €5 million each, Report informs citing EBRD.