Azerbaijan’s TITAN GROUP significantly increases production
Baku, Azerbaijan, Sept. 6
By Matanat Nasibova – Trend:
TITAN GROUP, Azerbaijan’s major manufacturer of industrial goods, has significantly increased the production since the beginning of 2019, the company told Trend.
According to the source, the growth in the production volumes comprised 40 percent compared to last year's figures .
“We plan to bring this figure to 50 percent by the end of the year. Production volumes increased mainly due to the opening of new production lines and the expansion of the range of industrial products. The main emphasis was placed on the production of fire-resistant sandwich panels, as well as on refrigeration equipment," the company said.
"The company increased the volume of its supplies to the domestic market and plans to export products to neighboring Georgia. It is so far the only potential market where our products will be delivered. In the future, we plan to expand the geography of supplies, mainly for sandwich panels and refrigerated display cases,” the company added.
They also noted that exports to Georgia are expected to be arranged in the coming months.
"So far, small deliveries are planned. Details regarding export and plans for the near future are being discussed with Georgian partners," the company noted.
Established in 2002, TITAN GROUP has been engaged in the production of industrial and commercial equipment. The company specializes in the production of a new type of sandwich panels with polyisocyanurate foam (PIR), refrigeration equipment for commercial and industrial use, as well as equipment for catering enterprises.
The company’s branches are located in the settlement of Bulbula in Baku’s Surakhani district and in the settlement of Bina.