Bank Of Baku

Azerboru to resume production by late June

Azerboru to resume production by late June
# 03 June 2009 16:45 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Azerbaijan-based pipe maker Azerboru plans to resume production, said Azim Azimov, Chairman of the company.

According to him, the company has already received an order to export 2500 tons of pipes.

”In parallel, we are negotiating on new contracts. I think that and we will be awarded new contracts to supply pipes to European countries,” he added.

Due to the global financial crisis, Azerboru shut down in March.

The company started making D- 187, 194 and 219 mm pipes last year and plans to produce D-245 mm pipes in the future. It produced 8 000 tons of pipes in 2008.
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