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Azerbaijan's Sumgayit Technologies Park reorganizes its business

Business Materials 12 July 2021 15:05 (UTC +04:00)
Azerbaijan's Sumgayit Technologies Park reorganizes its business

BAKU, Azerbaijan, July 12

By Fatima Zulfigar - Trend:

Azerbaijan’s Sumgait Technologies Park (STP) company has reorganized its business during the COVID-19 pandemic, Rashad Aliyev, STP’s PR manager, told Trend on July 12.

According to Aliyev, the reorganization was aimed to adapt the organizational structure, production and needs of customers to the new form of management.

"Recently, on the basis of STP such subsidiaries as STP Global Cable, STP Aluminum, STP Metal Structures, STP-AH, ASSAN-STP Panel and some others have been established. The head office of STP implements management and control over the subsidiaries,” he said.

Furthermore, the PR manager stressed that presently STP is completing the transformation process.

"New companies experience the transition period. We’ll announce the consequent products and the launch of new organizations after completing the current restructuration," added Aliyev.

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