BAKU, Azerbaijan, July 13. Hungarian Hell Energy plans to launch a plant for production of aluminum cans and their filling in Azerbaijan in 2025, Trend reports.
It is planned to build a plant with an annual production capacity of 700-800 million units of aluminum cans for beverages on the territory of the Alat FEZ on the basis of advanced technologies jointly with Hungary. About half of aluminum cans will be intended for local drinks.
The annual capacity will be 415 million aluminum cans for drinks at the initial stage. It is planned to create over 300 jobs within the framework of the project.
The investment value of the Azerbaijani-Hungarian plant for the production of aluminum cans for beverages is $211 million.
Meanwhile, the agreement was signed in connection with this event between Azerbaijan Investment Holding CJSC and Hungarian Hell Energy on July 10, 2023.
