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Azerbaijan to Establish Joint Enterprise with AutoCraz

Business Materials 19 November 2007 15:42 (UTC +04:00)

Ukraine, Kiev/ Trend corr. Z.Novosvitski / Azerbaijan is to establish a joint enterprise with the holding company AutoCraz ( Ukraine) to produce lorries, Talat Aliyev, the Azerbaijani Ambassador to Ukraine, said.

AutoCraz produces 27 models and 150 modifications of large capacity autos.

The joint enterprise will produce the lorries with machine tools from the Kremchug Automobile Plant.

The company is planning to increase the amount imported of automobiles to Azerbaijan to 200 in 2007. In 2006 the company delivered 125 automobiles to Azerbaijan.

The company opened its official distributor Alfatex in Azerbaijan, which caused an increase in the sale of automobiles.

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