Tag Archives: Baku

EIB Global Partners with Azerbaijan to Modernize Baku’s Metro and Boost Sustainable Urban Transport

(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release

Azerbaijan Airlines expands fleet with fuel-efficient A320neo Family aircraft from Airbus

(IN BRIEF) Azerbaijan Airlines has ordered 12 A320neo Family aircraft, including A320neo and A321neo, as part of its fleet renewal strategy to operate the most modern and fuel-efficient aircraft, increase operational efficiency and competitiveness, and offer passengers excellent comfort throughout … Read the full press release

Azerbaijan based microfinance institution TBC Kredit received $3.5M loan from EBRD and TaiwanICDF

US$ 3.5 million loan to microfinance institution TBC Kredit 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is lending US$ 2.5 million to TBC Kredit LLC for on-lending to micro, small and medium-sized enterprises (MSMEs) in Azerbaijan. A … Read the full press release

Rapidly growing Azeri construction materials company received €7m loan from EBRD

Matanat will use €7 million loan from the EBRD to expand production of gypsum plaster and dry mixes 3-6-2013 — /europawire.eu/ — One of the EBRD’s priorities in Azerbaijan is to support the growth of the non-oil private sector by investing … Read the full press release