AZMECO’S EXPANSION PLANS SECURED WITH ADDITIONAL $1.5BN FACILITY.
AzMeCo and Sberbank have signed a Memorandum of Cooperation at the XVIII St. Petersburg International Economic Forum, which sets out the priorities and cooperation framework between the two companies.
PNN Group’s finance and consulting division focuses on a wide range of activities. The main ones are contribution to the cooperation between the business people of Azerbaijan and EU-countries and promotion of the mutual investments and partnerships; provision of consultancy and expertise for foreign investors and extension of the international cooperation in developing and adoption of the new technologies, as well as implementation of the goods and services exchange and arrangement of the support for the private sector.
PNN Group’s finance and consulting division also provides consultancy and advisory services to private companies in the Eurasian region. Its objectives and interests include support of small and medium-sized businesses, operating in the CIS countries and situated at the intersection of Europe and East Asia. The Group works with a diverse portfolio of banks, funds, investors and other financial institutions to raise capital for companies around the CIS region that would like to support their expansion.