Bank Of Baku

Azerbaijan will assist major plants

Azerbaijan will assist major plants
# 21 May 2009 13:17 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. The Government of Azerbaijan will render financial assistance to Azerboru pipe maker, and Azeraluminium aluminium plant which shut down as a result of the global financial crisis, said Karam Hasanov, Chairman of the State Committee on Property Issues.


According to him, these plants were hit hard by the crisis because they mainly exported products abroad.

“In accordance with the instructions of the President, the relevant authorities are working on this issue. The two plants will soon receive assistance,” he added.
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