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Baku Textile Factory to ink contract for export of textile products to Europe

Finance Materials 18 December 2019 09:31 (UTC +04:00)
Baku Textile Factory to ink contract for export of textile products to Europe

BAKU, Azerbaijan, Dec. 18

By Matanat Nasibova – Trend:

Baku Textile Factory, a large Azerbaijani enterprise, will sign a contract with partners in Europe for the export of textile products, the factory’s Director Sakina Babayeva told Trend.

“There are plans to sign a contract for the supply of textile products of the enterprise for 160,000 manat ($94,312),” Babayeva noted. “The contract provides for the export of women’s, men’s and children’s clothes. It is planned to sign the document approximately within the first two months of next year.”

The director added that the company has established cooperation with partners in Germany, and has already made several deliveries to Germany.

“In total, to date, the Baku Textile Factory exported products to Germany for 9 million manat ($5.3 million),” Babayeva said. “Moreover, compared with last year, this year the export of products to this market increased by 2.5 million manat ($1.4 million). Varieties of women’s, men’s and children’s clothes were supplied. This year, the export of children’s underwear and socks made up about 800,000 manat ($471,469).”

Presently, 300 people work at the Baku Textile Factory and the enterprise uses seven production lines.

The factory has been operating since 1939. It was the first factory in the South Caucasus in the field of textile industry.

Today, the factory operates in line with European standards. The factory has been provided with the latest German and Japanese equipment and technologies.

The factory produces daily clothes, evening dresses, corporate, children's, sports and medical clothes, as well as overalls, school uniforms and all kinds of workwear.

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