Title:Financial and Operational Diagnosis of Khujand Packaging Company
Budget:40,000 EUR
Country:Tajikistan
Dates: April, 1999 - May, 1999
Partner: None
Funding:EBRD

The development of the private sector is a priority for Tajikistan. In 1997, the EBRD made its first direct investment in Tajikistan by extending a loan to facilitate the establishment of a joint venture in Khujand to produce vegetable and fruit juices. The company, having made a promising start, was experiencing serious financial problems. This was partly caused by the financial crisis in Russia, where the company planned to sell 80% of its total production.
Corporate Solutions was awarded a contract to conduct a financial and operational review of the company and develop an action plan to manage the financial crisis.