BAKU, Azerbaijan, June 4
BY Matanat Nasibova - Trend:
Azerbaijan’s Elektrogas LLC, engaged in the production of heating equipment, has fully resumed its activity, and plans to increase its production capacity by the end of 2020, Director of the company Elnur Jamilli told Trend.
“At present, one of the priority tasks of the enterprise is increasing production volumes of the main products - combi devices. During the period of the forced suspension of the plant’s operation due to the threat of the coronavirus pandemic (COVID-19), the production volumes of the main products decreased significantly,” Jamilli added.
“Currently, the enterprise plans to increase the production of six types of combi heating systems with a capacity from 24 to 52 kW. In the future, we are going to increase these indicators to 100 kW. In the medium term, we plan to bring our production volumes to 5,000 units per year. In 2019, this figure amounted to over 3,000 combi units,” the director said.
The cost for one system of combi in the domestic market is 450 manat ($264.7), with warranty period of 2 years.
Local and Chinese investments in the amount of 2 million manat ($1.1 million) were made in the enterprise. In the future, it is planned to increase investment to 11 million manat ($6.4 million).
Elektrogas plant is located in the Baku’s Zabrat settlement and has been operating since April 2019.
(1 USD = 1.7 manat on June 4)
---
Follow the author on Twitter: @MatanatNasibova