(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 26 . Azerbaijan's
Glassica company for the first time exported more than 250,000
glass bottles to Romania and Moldova, the company's Corporate
Director Emil Asgarov told reporters during a media tour, trend reports.
According to Asgarov, the annual production capacity of the
enterprise with a total investment value of over 20 million manat
($11.7 million) is 60-90 million various colored glass bottles.
“Glassica CJSC currently provides 30-40 percent of the demand
for glass bottles in Azerbaijan. We plan to start building another
plant in March inside the Sumgayit Chemical Industrial Park,” he
said.
“Its production capacity will be three times higher than the
capacity of the current plant, and the investment cost will be 60
million manat ($35.3 million). The approximate construction period
is 14 months,' Asgarov explained.
He added that since the establishment of the enterprise, an
agreement on the sale of products has been concluded with two
foreign and five local companies.
At present the company provides permanent jobs for 140 people.
Since the beginning of the enterprise, more than three million
bottles have been produced.
The company became resident of the Sumgayit Chemical Industrial
Park in 2020.
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