Russia’s BTK Group studying prospects of co-op with Turkmenistan

Turkmenistan Materials 4 July 2016 15:17 (UTC +04:00)

Ashgabat, Turkmenistan, July 4

By Huseyn Hasanov– Trend:

Russia’s BTK Holding, one of the country’s largest holdings of light industry, is discussing the prospects of mutually beneficial cooperation with Turkmenistan, Neutral Turkmenistan newspaper reported.

Head of BTK Holding Teimuraz Bolloev presented his proposals in Ashgabat at a meeting with Turkmen President Gurbanguly Berdimuhamedov.

Bolloev said the cooperation with Turkmenistan in all areas is very important for BTK Holding.

BTK Group has its own high technology production base comprising enterprises in Russia’s Saint Petersburg, Leningrad Region (Vsevolozhsk, Boksitogorsk, Podporozhye), Rostov Region (Shakhty, Salsk), Bryansk Region (Klintsy), Belgorod Region (Stary Oskol), Ulyanovsk, Tula Region (Kireyevsk, Dubna) and Kursk Region (Zheleznogorsk), as well as in the Republic of Kabardino-Balkaria (Terek), Altai Krai (Barnaul), the Republic of South Ossetia (Tskhinvali), and Belarus (Brest).

The company is specialized in designing, production and further implementation of high technology clothing for various business industries.

Turkmenistan cultivates annually more than one million tons of cotton, which serves as the basis for the development of the country’s textile industry.

A major part of Turkmenistan’s textile products are exported to the US, Canada, Germany, the UK, Russia, Italy, Turkey, China and Ukraine.