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Slovak Adrian Group sets sights on entering Azerbaijani market (Exclusive)

Green Economy Materials 7 October 2024 12:49 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, October 7. The Slovak Adrian Group company, specializing in high-tech and energy-efficient equipment, is interested in acceding the Azerbaijani market, the company's Executive Director Viktoria Vranska told Trend.

"The equipment produced by our company aligns with energy efficiency goals and can lead to significant savings (up to 80 percent) in electricity costs. Our products are primarily in demand in the industrial sector, logistics centers, transport infrastructure, and agriculture," Vranska said.

According to her, with winter knocking on the door, the one-of-a-kind gas infrared heater from Adrian Group might just be the apple of everyone's eye, stepping in to take the place of boilers while being a penny saved and a breeze to handle.

"In late September, we met with representatives from the State Oil Company of Azerbaijan (SOCAR) and private companies GL and YusiKo in Baku. We see potential in the Azerbaijani market," the head of Adrian Group noted.

Founded in 1993, the company received the main award from the Slovak Chamber of Commerce and is expanding its business in Ukraine, Kazakhstan, Uzbekistan, and the Balkans. Among the company's products are industrial and residential ventilation systems, as well as carbon-neutral cooling systems.

"Slovakia is developing close relations with Azerbaijan, seeing it as a promising partner, and we hope to find partners in Azerbaijan," Vranska added.

To note, in January 2025, an agreement on avoiding double taxation between Azerbaijan and Slovakia will come into effect to promote the development of business ties.

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