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Hungary offers Azerbaijan to set up joint poultry complex

Business Materials 20 November 2016 14:56 (UTC +04:00)
Hungarian Prominence Food Zrt company offers Azerbaijani entrepreneurs to establish a joint poultry complex, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said in a message.

Baku, Azerbaijan, Nov. 20

By Azad Hasanli – Trend:

Hungarian Prominence Food Zrt company offers Azerbaijani entrepreneurs to establish a joint poultry complex, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said in a message.

According to the message, the company is owned by private investors and the Hungarian national trading house, which is a subsidiary of the country’s Ministry of Foreign Affairs and Trade.

"Prominence Food Zrt acts as an integrator and a single export marketing channel for the Hungarian agricultural and food products,” Koszegi Gabor, director general of the company, said. “The company's mission is to facilitate the transfer of the latest Hungarian agricultural technologies to foreign partners, preferably in the form of joint ventures."

According to the message, the company can help prepare feed, install an automatic feeding and watering system, lighting systems, as well as construct the battery cage system for chickens and resolve other issues related to the construction of a poultry complex.

According to the Azerbaijani State Customs Committee, the trade turnover between Azerbaijan and Hungary amounted to $35.3 million in January-October 2016. Some $34 million of that amount accounted for imports from Hungary.

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