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Azerbaijan's Aghdam Industrial Park welcomes Turkish Asilsoy's subsidiary as next resident

Business Materials 30 July 2024 17:23 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, July 30. The private Asilsoy LLC with Turkish capital (a subsidiary of Turkish Asilsoy) has become another resident of Aghdam Industrial Park today, Trend reports, referring to the Azerbaijani Economic Zones Development Agency.

This enterprise is planned to produce household metal containers - boilers, pots, pans, etc.

The company will provide jobs for 100 people with an investment of 10 million manat. The manufactured products will be intended to meet demand in the domestic market and for export.

“Asilsoy” is one of the leading companies in the field of metal cookware production in Türkiye.

Its products are exported to 15 countries under the brand names “Karaca” and “Schafer”.

To note, the Economic Zones Development Agency was established as a state legal entity based on “Sumgayit Chemical Industrial Park” LLC by the decree of the President of the Republic of Azerbaijan “On Measures to Improve Management of Industrial Parks, Industrial Districts, and Agro-Parks” No. 1257 dated January 22, 2021.

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