Cahan Holding Puts Two New Enterprises into Operation
Azerbaijan, Nakhchivan, 10 October / corr Trend E .Mammadov / їCahan Holding, an industrial and financial group of companies put into operation the plant on fermentation of tobacco and enterprise on production of wall radiators and roof coverings in Nakhchivan autonomous republic,ї Vugar Abbasov, CEO of the group of companies, said. AZN 1mln is invested in construction of these plants.
A total of 320 new jobs will open after the commencement of plant, Abbasov said at the ceremony of opening.
Equipment in the amount of AZN 2.962mln is installed in the enterprise on production of wall radiators with an area of 2,160 square metres. Production capacity of the plant makes up 30,000 square metres of wall radiators per month. It will be sued for output of stainless steel, roofing slate with production capacity of 4,800 square metres per day, of various colors, width of 105mm, thickness of 0.7mm and of different length.
Annual production capacity of the plant on tobacco fermentation to be placed in an area of 1,170 square metres will comprise 2,000 tons. Tobacco plantations will be expanded and 210 employees of the enterprise will be responsible for these sown areas from 2008 to provide constant work of the plant.
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