Activity of One of Largest Companies Producing and Supplying Flour in Western Regions of Azerbaijan to be Re-established
Azerbaijan, Ganja, 23 May /corr. Trend V.Mammadov / Fatoglu OSC, one of the largest Turkish companies producing and supplying flour in the western regions of Azerbaijan, will re-establish its activity from 24 May. Fatoglu had stopped its activity due to exhaustion of reserves on 3 May.
Fatoglu OSC supplies flour mainly to Ganja, Shamkir, Akstafa, Gazakh, Tovuz, Goranboy, Yevlakh, Dashkesen, Gadabay as well as several southern regions of the country. The annual production capacity of the OSC makes up 8,000 tons of flour.
The company stated that despite that the activity will be re-established, the tariffs for the high type of flour may grow due to 30% price increase for the grain imported from Kazakhstan.
Due to price increase, the volume of production at the enterprise will not be reduced.
After Fatoglu stopped its activity, the prices for 200-250g bread in the western and southern regions increased from AZN 0.20 to AZN 0.30 and 300-400g to AZN 0.40.