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Azerbaijan’s TITAN GROUP increasing production of bakery ovens

Business Materials 14 January 2020 18:12 (UTC +04:00)

BAKU, Azerbaijan, Jan. 14

By Matanat Nasibova – Trend:

The Azerbaijani TITAN GROUP Industrial Companies Association, producing industrial goods, is increasing production of small-sized bakery ovens, a source in the association told Trend.

Last year, 10 bakery ovens were produced, according to the source.

“All products totaling over 100,000 manat ($58,823) were sold in the domestic market,” the source noted.

The source added that this year the association plans to increase the production of small-sized ovens at least twice.

“Sales have shown that there is a great demand for this type of product in the market, so we plan to produce at least 20-22 bakery ovens this year,” said the source.

It was noted that in the medium term, the association plans to export this type of industrial equipment.

“Negotiations are underway with potential partners in Georgia, as well as in Central Asian countries,” the source said. “Deliveries are planned to Kazakhstan, Uzbekistan and Turkmenistan.”

TITAN GROUP was established in 2002. The association specializes in 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 association’s branches provided with modern equipment are located in Bulbula settlement of Baku’s Surakhani district.

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