Azerbaijan’s Elektrogas company testing latest models of heating equipment

Business Materials 5 June 2020 19:55 (UTC +04:00)
Azerbaijan’s Elektrogas company testing latest models of heating equipment

BAKU, Azerbaijan, June 5

By Matanat Nasibova – Trend:

Azerbaijan’s Elektrogas LLC, producing the heating equipment, has begun to test a new type of heating equipment, namely panel radiators, Director of the company Elnur Jamilli told Trend.

“This process has been launched since early June this year,” the director added. “The panel radiators are in great demand in the market. After the testing process is over, the products of the company will be put up for sale.”

“Presently, panel radiators are sold only within the country, but the company plans to export them abroad in the future,” the director said. “Some 10,000 linear meters of panel radiators will be produced by the company monthly. The cost of 1 linear meter of panel radiators in the domestic market will reach 55 manat ($32).”

“Currently, foreign-made panel radiators are sold in the local market at 70 manat ($41), whereas the products of our company are much cheaper and of high quality,” Jamilli added.

The production of panel radiators will be launched at the new plant, which will start operating in Azerbaijan from July 2020. The volume of investments made in the establishment of a new enterprise amounted to 12 million manat ($7 million).

This is the second biggest plant in Azerbaijan, which will be involved in the production of heating equipment.