Branch of European company manufacturing paints registered in Azerbaijan
Azerbaijan, Baku, Sept.9. / Trend N. Ismayilova /
The Azerbaijani Taxes Ministry has registered a branch of European company manufacturing paints Jub in Caspian through the "single window" scheme, the ministry said.
The organization was registered on Aug.28, 2009. The Slovenian company Jub and In Caspian Organisation limited liability company founded the branch. The company's authorized capital is 100 manat.
JUB is one of the oldest Slovenian companies, established in the early XIX century and produces paints more than 130 years.
JUB company operates within the holding company, combining the two production facilities, development center, as well as a number of commercial enterprises located in all major markets, where are delivered products and services of the company. JUB International Corporation plans to reach the turnover to €100 million by late 2010.
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