Baku, Azerbaijan, Sept. 4
By Matanat Nasibova - Trend:
The combi heating system production plant, a joint Azerbaijani-Chinese venture owned by Azerbaijan’s Elektrogas LLC, plans to further increase exports by expanding the product range, Elektrogas Director Elnur Jamilli told Trend.
"The new production line will open next year, and we intend to sell the products both domestically and to export them to neighboring countries. Primary production volumes of new products are calculated at the level of 30,000-40,000 units per year," Jamilli said.
He further noted that the company plans to export its products mainly to the Russian market.
According to the director’s estimates, in the future it is planned to produce up to 100,000 units of combi systems annually.
Azerbaijani and Chinese investments in the amount of two million manats were invested in the creation of the plant.
In the future, the company plans to increase the investments to 11 million manats.
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