OREANDA-NEWS. On June 10-11, 2008 “Re-Invest Caspian” Exhibition by Resale International Trade Fair for Used Machinery and Equipment was organized by GTZ, Corporate Solutions consulting company, Ministry of Economic Development of Azerbaijan and AZPROMO in “Park Inn” Hotel, Azerbaijan.

“The idea of organizing the exhibition in Azerbaijan came after the “Carlsruhe Resale 2008” exhibition where several contracts between Azerbaijani and German companies were signed. This showed a deep interest of our companies in such events. This exhibition is very useful for small and medium-sized businesses, especially for those who can’t afford buying new equipment.” – Emil Majidov, President of AZPROMO says.

“In Germany used machinery is no older than 3 years, not considered as damaged and is used extensively. It costs about 40-50% of the new one’s price and can be bought or took on lease.” – said Michael Gerlich, Head of GTZ Baku Office.

Machinery and equipment of agricultural, construction, chemical and textile industries were presented at the event.