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Azerbaijan to export combi heating systems to CIS countries

Business Materials 29 August 2019 17:50 (UTC +04:00)

Baku, Azerbaijan, Aug. 29

By Matanat Nasibova – Trend:

The Combi heating system production plant, an Azerbaijani-Chinese joint venture owned by Azerbaijan’s Elektrogas LLC, intends to begin to export the heating systems to the CIS countries in September, Director of Elektrogas LLC Elnur Jamilli told Trend.

“First of all, the heating systems are planned to be exported to the Russian market,” he said.

"In this regard, we are currently negotiating with Russian partners and discussing all the delivery details,” Jamilli added. “We plan to begin to supply the heating systems in mid-September. In the future, we plan to export about 30,000 combi heating systems to this market annually.

“Besides Russia, we also intend to export the heating systems to Ukraine and Central Asian countries,” he said. “The talks are to be held with potential partners in these countries soon."

Jamilli stressed that the heating systems of the plant will be exported to the foreign markets under the Made in Azerbaijan brand.

"Six types of combi heating systems are produced at the plant, three of which are intended for export till the end of 2019," he said.

Local and Chinese investments in the amount of two million manats have been spent to establish a plant for the production of combi heating systems. The joint venture intends to increase the amount of investments up to 11 million manats in the future.

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