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Azersun Holding intends to invest in restoration of tea production in Russia

Business Materials 19 August 2010 10:38 (UTC +04:00)

Azerbaijan, Baku, Aug.18 / Trend, N. Ismayilova /

Azerbaijani Azersun Holding intends to invest approximately $17 million in the restoration of tea production in the Krasnodar region, Russian Trade Representative in Azerbaijan Yuri Shchedrin said Aug.18.

"Azersun Holding has already invested in the construction of a tinned food factory worth $17 million and intends to invest the same amounts in the restoration of tea production in the region," Shchedrin said.

Azersun Holding LLC was established in 1992. The spheres of the Holding's activities are processing and packing of tea, vegetable oil, trade and distribution, construction, banking, insurance, production of cardboard and paper products, meat and vegetables, transport and storage of goods, etc.

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