Opening ceremony of the milk processing plant belonged to “Atropatena LTD” CJSC

Mr. Ilham Aliyev - President of Azerbaijan Republic took part in the opening ceremony of the newly built milk processing plant in the Agstafa region on 06.05.2011. After familiarization with the plant, the President highly estimated the construction of such modern complex: "Today we are attending the opening ceremony of the newly built milk plant. This is a very big and beautiful complex. This complex holds a special place amongst the enterprises established in the non-oil sector lately.

The group of representatives of "Pasha Bank" CJSC also attended the opening ceremony. The project in is one of the few investment projects financed by the bank. The milk processing plant belonging to "Atropatena LTD" CJSC has been constructed in the area of Agstafa region. The project is of special significance in terms of providing the population with a natural, high-quality, local product in a country with increasingly high demands for dairy products and the need for provision of food security. Financial analysis and high competitiveness of the business plan indicates that a considerable income will be obtained as a result of the quality of products to be manufactured and the year-on-year increasing demand for the product.
"Pasha Bank" has provided credit, credit line, letter of credit and bank guarantees to "Atropatena LTD" CJSC within the credit limit.