Mongolia, June 17 -- The European Bank for Reconstruction and Development (EBRD) is promoting further growth in non-extractive industries in Mongolia by supporting the operations of its longstanding client MSM Group, which is involved in the production and sale of industrial chemicals, the distribution and maintenance of cars and industrial vehicles, and the importing and distribution of beverages.MSM, which has been working with the EBRD since 2008, will use the Bank's loan of up to MNT 26.2 billion (€7 million) for the construction of a storage facility, a workshop and an automotive showroom. The funds will also help MSM to finance its working capital needs.The expansion of MSM's operations will help it to provide a better and faste...