Empowering Growth: MSM Group’s new chapter with EBRD support
AmCham Mongolia member MSM Group LLC to receive funding from European Bank for Reconstruction and Development (EBRD) to support the company’s expansion and working capital needs, with a specific focus on promoting growth in non-extractive industries, a key priority for the EBRD in Mongolia.
MSM Group operates across several key sectors, including the production and sale of industrial chemicals, distribution and maintenance of vehicles and industrial equipment, and import and distribution of beverages.
The new EBRD loan will be used to construct a modern storage facility, a workshop, and an automotive showroom, while also strengthening the company’s working capital base. The European Bank for Reconstruction and Development’s continued support of MSM Group is a significant step forward in fostering Mongolia’s economic diversification.
Congratulations to MSM Group on securing this loan and expanding its operations. This partnership not only positions MSM Group for greater success but also contributes to the broader goal of creating a more resilient and sustainable economy in Mongolia. Best wishes as you move forward with this exciting phase of growth and innovation!
Read the full press release (in English):
https://tinyurl.com/MSMEBRD