Azerbaijan’s Fostanpak expands export of household containers

Business Materials 7 June 2019 14:02 (UTC +04:00)

Baku, Azerbaijan, June 7

By Matanat Nasibova – Trend:

Fostanpak, an Azerbaijani company engaged in the production of plastic aluminum containers, and paper and plastic glasses, has significantly increased the volume of supplies of its products to the foreign market in April-May this year, Ali Keresh, Head of the Sales Department of the company, told Trend.

According to him, the company has exported about 120 tons of products to neighboring countries since the beginning of the year.

"Products were sold in the external market in the amount of $50,000-55,000 during the reporting period. At the same time, sales in the domestic market increased by 40-45 percent in April-May of this year, while a 50-percent decline in sales was observed in January-March of this year," he said.

"We believe that this gap in figures is due to the seasonal factor, as sales increase closer to the summer period. Another factor is the influx of foreign tourists in Baku, thanks to which cafes and restaurants constitute a large customer base," he added.

Fostanpak is also engaged in the production of medical and cleaning products, stretch films, foils and other disposable products supplied under the "Monopak" brand name.

The company is also the distributor of many foreign companies in Azerbaijan including manufacturers of Germany, Turkey, Denmark, Poland, Ukraine, Russia and China.