BAKU, Azerbaijan, December 5. Turkish "Rayess" company will open its chocolate-manufacturing factory in Azerbaijan, Trend reports referring to Chairman of the Board at Azerbaijan Franchise Association, Jamid Movsumov.
According to him, it is planned to invest $1 million in the project at the stage, and at the second - $10 million.
"The volume of investments will be updated after all expenditures are calculated. It is expected that the factory area will amount to 1,000 square meters. It is planned to export the factory's products from Azerbaijan to Russia in the future," said Movsumov.
He noted that the association has signed contracts with more than 30 Turkish companies to date.
